Bank Albilad taps Intellect to boost wholesale banking

By Vriti Gothi

Intellect Design Arena Ltd., an enterprise-grade financial technology company, has collaborated with Bank Albilad to accelerate the bank’s digital transformation journey in wholesale banking.

The partnership will leverage Intellect’s First Principles-based eMACH.ai platform to deliver next-generation cash management solutions tailored to meet the Kingdom’s evolving business and industry needs. This initiative marks a critical step in Bank Albilad’s mission to modernise corporate banking, drive operational efficiency, and elevate customer experiences, fully aligned with Saudi Arabia’s Vision 2030 objectives of economic diversification, financial inclusion, and innovation-led growth.

eMACH.ai, an advanced open finance platform, offers tailored, industry-specific solutions that enhance operational excellence, improve financial control, and accelerate digital agility. By integrating contextual intelligence with a flexible architecture, the platform enables Bank Albilad to address complex corporate client needs across multiple sectors while delivering a personalised and future-ready banking experience.

Bank Albilad’s transformed wholesale banking capabilities will include seamless, multi-channel digital cash management offerings designed to improve client engagement and deposit growth; secure, enterprise-grade mobility solutions providing contextual access to financial and operational tools at any time; and fully digitised self-service payment workflows with embedded foreign exchange capabilities, unified dashboards, and enhanced client support. The bank will also leverage over 100 APIs to deliver persona-based products and services more rapidly and cost-effectively, while intelligent automation will drive faster onboarding, high-volume data migration, and process optimisation to reduce total cost of ownership. A unified corporate login will support the bank’s vision for superior digital self-service, enabling effective cross-selling, up-selling, and customer acquisition across market segments.

Manish Maakan, CEO Wholesale Banking, Intellect Design Arena Ltd., said, “We are honoured to partner with Bank Albilad, a forward-thinking bank committed to driving innovation in Saudi Arabia’s financial sector. This collaboration aligns with the Kingdom’s ongoing digital transformation and Saudi Vision 2030. The eMACH.ai Digital Transaction Banking platform will enable Bank Albilad to offer smarter, more efficient services to corporate clients. The AI-driven insights will enhance customer experience and deliver differentiated and trusted cash management experiences.”

This milestone underscores Bank Albilad’s commitment to shaping the future of corporate banking in Saudi Arabia, while reinforcing Intellect Design Arena’s position as a trusted partner in delivering transformative financial solutions across the Middle East.