back Back

Intellect Global Consumer Banking unveils codeless engagement banking platform

By Gloria Mathias

June 11, 2024

  • Africa
  • Banking technology
  • CICO
Share

Intellect Global Consumer Banking, Consumer Banking, Intellect Design Arena Limited, Ethiopian Bank, Intellect Digital Core, iGCB, Retail Banking, Mobile Banking App, CICO, Ethiopia, Africa, Codeless engagement banking platform, Digital Platform, Money 20/20, Banking technology, Intellect Global Consumer Banking (iGCB), the consumer banking unit of Intellect Design Arena Limited, has announced the launch of the eMACH.ai Digital Engagement Platform (eMACH.ai DEP) at Money20/20 in Amsterdam.

eMACH.ai DEP will redefine the region’s banking customer engagement landscape through its Codeless, Unified, Cloud-native platform. The platform offers a single origination platform for Retail, SME, and corporates and can coexist with the older version.

eMACH.ai DEP is designed to offer insights into retail, SME and corporate banking customers’ lifestyles and cater to their stated and unstated needs. This comprehensive platform touches every milestone of the customer journey with the bank across acquisition, engagement and retention.

eMACH.ai DEP is positioned to integrate with any core banking system and/or third-party applications. Further, the open finance-enabled platform comes with a pre-integrated marketplace consisting of merchants, FinTech, eCommerce, and entertainment partners to offer differentiated solutions and drive growth.

eMACH.ai DEP platform to provide features like:

  • Ability to launch a digital banking app in 120 days with the convenience of a co-existence model.
  • Unified CIF platform with enterprise-wide origination for Retail, SME & Corporates
  • End-to-end onboarding for retail customers in a matter of seconds and SME customers in minutes.
  • Comprehensive loan offerings including Buy Now, Pay Later, Flexi Credits, and Micro Credits
  • Lifestyle banking with features like SuperApp, Family Banking, Spend Analysis, and the ability to offset carbon footprint in 1 click
  • Complete SME banking in an app with a 360° portfolio view and the ability to monitor, analyse & track payments
  • Multi-lingual support, multi-tenancy and tenancy awareness to support regional requirements
  • Easy creation of UI/UX with tools for UI Building, API orchestration, and workflow configuration

Rajesh Saxena, CEO of Intellect Global Consumer Banking (iGCB), Intellect Design Arena Ltd., said, “In today’s fast-evolving digital world, precision and personalisation are key. eMACH.ai DEP embodies this philosophy by providing insights and customisation in banking interactions. eMACH.ai DEP will reduce costs by over 45% incurred in creating and maintaining multiple digital platforms for different segments, improve overall efficiency and provide better portfolio visibility to the bank.”

Previous Article

June 11, 2024

Worldwide Cash Express partners with TerraPay for cross-border payments

Read More
Next Article

June 11, 2024

Santander’s Zinia to offer BNPL to Apple customers in Germany

Read More






IBSi Daily News Analysis

cybersecurity,

June 20, 2024

Africa

Why predictive AI is a critical necessity in the field of cybersecurity

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

4 Open Banking platforms shaping the future of financial data in the US

Read More

Today

Natwest snaps up Sainsbury’s banking business in £2.5b deal

Read More

Today

Mbanq joins IG Tech Cambodia to expand BankTech & BaaS solution in SEA

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023