Intellect Design Arena launches eMACH.ai cloud for banks and credit unions

IT software products provider for financial services Intellect Design Arena launched Canada eMACH.ai Cloud for banks and credit unions. 

The eMACH.ai Cloud is a comprehensive suite of products that includes digital engagement, liquidity management, virtual accounts, and core banking solutions such as payments and deposits. These products are designed to meet the needs of Canadian financial institutions, helping them tailor digital experiences to exceed customer expectations and drive growth. The suite is already operational with Canadian customers. 

This new offering aims to help financial institutions achieve deposit growth, meet regulatory and industry compliance, and improve operational efficiency. The Canada eMACH.ai Cloud is designed for connected ecosystems, enabling banks and credit unions to partner with fintechs and quickly launch innovative products. This can drive revenue, create operational efficiencies, and attract new customers across corporate, SME, and retail segments, the company said. 

The suite also includes Intellect's Experience Zone, a cloud service that allows banks and credit unions to explore the capabilities of the eMACH.ai technology suite. This service provides curated user journeys focused on moving money, managing money, and driving digital transformation.  

Users can explore tools for corporate treasurers to monitor and manage cash positions and see the capabilities of a modern digital payments solution for managing domestic and cross-border payments. Additionally, the Digital Engagement Platform offers consumer and SME-focused digital experiences, while the Purple Fabric AI platform helps banks securely build, deploy, and manage AI agents at scale. 

Commenting on the launch, Arun Jain, Chairman and Managing Director of Intellect Design Arena, said, “eMACH.ai is a groundbreaking and transformative suite designed on first principles thinking to simplify technology in the banking, credit union and insurance sectors significantly. With its extensive offering of 329 microservices, 535 events, and over 1757 APIs, it serves as the most comprehensive Open Finance Platform, enabling the creation of customer-centric solutions instead of traditional product-focused ones.”

We are excited to introduce the Canada-ready eMACH.ai Cloud for Banks and Credit Unions. Paired with eMACH.ai Experience Zones, banks & Credit Unions can gain first-hand experience with Intellect's solutions from their clients' perspective, he added.