Intellect Design Arena Ltd, the Chennai-based FinTech company for financial and insurance clients, has signed a ₹80 crore, five-year deal with Indian Bank to deploy Intellect’s eMACH.ai powered Cash Management System. This will bolster the bank’scorporate banking modernisation, said SV Ramanan, Chief Executive Officer, India and South Asia, Intellect Design Arena Ltd. The partnership is a pivotal moment – adding another feather to Intellect’s growing footprint in the Indian BFSI industry, rendering the capabilities of a cognitive enterprise for revolutionising transaction banking.
Digital transformation
Indian Bank, with a network of 4,900 ATMs and 5,798 domestic branches,…
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Intellect signs ₹80-crore deal with Indian Bank to deploy cash management system
