Intellect Design Arena has allotted 53,870 equity shares under ESOP on 23 April 2024. With this allotment, the paid up equity share capital has increased to Rs. 68,43,89,715/- divided into 13,68,77,943 equity shares of Rs. 5/- each.Powered by Capital Market - Live News

Intellect Global Transaction Banking (iGTB), the transaction banking specialist from Intellect Design Arena, today announced Jordan Kuwait Bank�fs (JKB) successful implementation of Digital Transaction Banking (DTB) platform enabled by eMACH.ai architecture. This implementation provides a completely integrated, mobile-first, state-of-the-art, omni-channel experience to power JKB�fs growth ambitions in the Arab region based on Jordan Vision 2025. The key highlights of this digital transformation include: �� The platform features out-of-the-box features for digital cash management, trade finance, and payments powered by eMACH.ai architecture platform �� This is supported by the award-winning omni-channel Digital Customer Experience suite (CBX) and comprehensive mobile banking services. �� The platform offers seamless digital experiences throughout the corporate financial supply chain digitising transaction banking operations. �� SME and corporate clients in Jordan across power, real estate, energy, hospitality, medical & aviation sectors can benefit from this enriched digital platform, with superior customer experience and enhanced product offerings and services from the bank.Powered by Capital Market - Live News

Intellect Global Transaction Banking (iGTB), the transaction banking specialist from Intellect Design Arena, has won an extended mandate with National Bank of Kuwait (NBK), a top 10 ranking bank in GCC, to accomplish a full digital transformation by modernising existing channels and providing new digital capabilities in transaction banking. With iGTB`s Digital Transaction Banking, NBK is modernising and enhancing its online corporate banking platform by offering streamlined, secure, and user-friendly digital solutions to gain & retain corporate customers and SMEs. By focusing on next-generation digital banking, NBK can offer its customers the best omnichannel and mobile banking experience across various industries like oil and gas, construction, power and water and transport. This transformation is a significant leap forward for the bank in terms of scalability and volumes of transactions. It is a key catalyst in accelerating the NBK`s growth ambitions in Kuwait and the Middle EastPowered by Capital Market - Live News

Intellect Design Arena has allotted 27,660 equity shares under ESOP on 18 March 2024. Post allotment, the paid up equity share capital has increased to Rs. 68,41,20,365/- divided into 13,68,24,073 equity shares of Rs. 5/- each. Powered by Capital Market - Live News

IntellectAI, the WealthTech and Insurtech of Intellect Design Arena driven by advanced AI-led solutions, has been chosen as the winner in the `Best WealthTech Solution - Overall` category at the Global Private Banker Awards. This recognition is a testament to the innovative prowess and customer-centric approach embodied by IntellectAI`s flagship wealth management solution, Wealth Qube. Wealth Qube is driven by eMACH.ai architecture (Microservices based, API first, Cloud-ready and Headless powered by Artificial intelligence), making it a cutting-edge solution that facilitates quick and easy adoption of wealth management functionalities. The platform is highlighted for its AI-driven tools, which are structured around the pillars of hyper-personalisation, hyper-automation, and modern customer experience, setting a new standard in the wealth management domain. Insights from the award entries revealed the significant strides technology companies are making in developing superior platforms and systems. These advancements enable private banks and family offices to achieve operational efficiencies, streamlined execution, and the customisation needed to cater to diverse investment mandates. Wealth Qube, with its advanced AI and data capabilities, is at the forefront of these innovations, revolutionising how wealth management services are delivered and experienced.Powered by Capital Market - Live News