Intellect Global Transaction Banking (iGTB) has partnered with National Bank of Fujairah (NBF) to enhance digital capabilities in the UAE using cloud-managed services.
Intellect Global Transaction Banking (iGTB), the transaction banking business unit of Intellect Design Arena, announced a significant partnership with National Bank of Fujairah (NBF), a UAE-based full-service corporate bank, to expand its digital capabilities. This deal marks one of the first cloud managed services for iGTB in the region.
Complementing banking solutions with cloud-based services
NBF serves large corporates and SMEs through its network in the UAE, providing financial services to optimize business opportunities and achieve sustainable growth for its clients. With the eMACH.ai digital transaction banking solution, NBF can offer its clients a range of comprehensive solutions supported by:
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Innovative decision-making and enhanced digital capabilities: Improved information transparency and innovation enable rapid decision-making and a seamless user experience for businesses and;
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Excellence through cloud support: iGTB offers a fully managed cloud service with eMACH.ai Cloud, allowing NBF to focus on business development and customer service.
Representatives from iGBT said that in Intellect Global Transaction Banking, NBF has chosen a strategic technology partner that offers scalability, operational efficiency and the ability to grow with the business. NBF’s commitment to advancing its transaction banking infrastructure reflects the critical role of technology in driving growth and innovation in commercial banking. This is their first deal hosted on eMACH.ai’s cloud managed services in the region and a significant step in the UAE’s digital transaction banking landscape.
What does Intellect Global Transaction Banking do?
Intellect Global Transaction Banking (iGTB) provides banks with a single global ecosystem of consumerization for liquidity, investments, deposits, cash management, cash pooling, cash forecasting, payments, virtual accounts, SME lending, corporate DDA, trade and supply chain finance. The iGTB suite of transaction banking products, built on Contextual Banking Experience (CBX), a white-label digital engagement banking platform, is specifically designed to enable corporate clients to earn, move and manage money, enabling banks to fulfill their aspiration of being the primary bank of their corporate clients.
