Intellect's groundbreaking partnership in Philippine Bank's digital transformation

Intellect Design Arena has entered into a groundbreaking digital transformation partnership with a prominent universal bank in the Philippines, marking the largest and most comprehensive bank-wide initiative in the APAC region. This transformation program, spanning across Corporate, MSME, and Retail Banking, aligns with the bank's vision to deliver exceptional banking experiences and prioritize superior customer service.

At the core of this collaboration is Intellect's eMACH.ai framework, an open finance platform designed to empower banks with AI-driven capabilities and optimize operations. The platform boasts 285 prebuilt microservices, over 1,200 APIs, and 200 events, enabling banks to leverage the power of AI for enhanced efficiency.

The partnership encompasses several dimensions, with a focus on elevating the customer experience through Intellect's Global Transaction Banking solution. This solution, equipped with a headless architecture, empowers the bank to innovate in experience design, delivering contextual and personalized user journeys. It also offers specialized functionalities for Cash Management, Payments, Account Services, Collections, and Liquidity Management, all supported by a microservices architecture.

Additionally, the bank will implement Intellect's award-winning iKredit360 Loan Origination System (LOS), a state-of-the-art digital credit origination platform. Built on an API-first, microservices architecture, iKredit360 streamlines the entire credit origination process, from application processing and verification to risk assessment and credit decision.

Arun Jain, Chairman and Managing Director of Intellect Design Arena Limited, expressed pride in being entrusted by the bank and reiterated Intellect's commitment to delivering unparalleled solutions that drive their success. The initiative in the Philippines underscores Intellect's dedication to innovation and its mission to equip banks with cutting-edge technology for a digitally empowered future.