Intellect announces milestone deal with a Large South African Bank for Nine-Country Rollout of eMACH.ai Digital Engagement Platform

Intellect Design Arena Ltd., is proud to announce a significant engagement with a leading South African bank. The bank will implement Intellect's revolutionary eMACH.ai Digital Engagement Platform (DEP) across nine countries, marking a milestone achievement in its digital transformation journey.

eMACH.ai DEP will be deployed as a single instance in South Africa, seamlessly serving the bank's entities across 6 countries on Cloud and 3 On-Premise to satisfy local data residency requirements. This comprehensive platform will cater to both corporate and retail customers, providing a unified and enhanced customer experience.

eMACH.ai DEP powered transformation will enable the bank to provide:

- Seamless and personalised experience to customers across all channels, lifecycles and life stages

- A scalable and extensible engagement platform with the ability to adapt, or build 360 engagement

- Integration with digital channels, core banking systems, and third-party applications like Fintechs, Merchants, e-commerce, and entertainment partners

- Rapid App launches in days using the codeless platform with over 750 front-end journeys and 520 open APIs

- Increased digital banking customer sign-ups in minutes and faster credit origination through digital onboarding

Commenting upon the partnership, Rajesh Saxena, CEO, Intellect Consumer Banking, said, "The engagement with the bank is a testament to the robust capabilities of our eMACH.ai Digital Engagement Platform. Intellect has successfully provided a highly personalised experience to global banks with multi-country implementations. We are confident that yet again, DEP will significantly enhance the bank's digital initiatives, empowering them to deliver exceptional value to their customers across multiple regions."

Shares of Intellect Design Arena Limited was last trading in BSE at Rs. 1183.00 as compared to the previous close of Rs. 1194.25. The total number of shares traded during the day was 24464 in over 1410 trades.

The stock hit an intraday high of Rs. 1209.25 and intraday low of 1177.00. The net turnover during the day was Rs. 29026987.00.

Source : Equity Bulls

Keywords

IntellectDesignArena INE306R01017 SouthAfricanBank MilestoneDeal