Intellect Unveils AI Composed Digital Core For Cooperative Bank

Intellect Design Arena, a cloud-native financial technology company for banking and insurance clients has unveiled Intellect Digital Core for Cooperative Banks in India.

This comprehensive, enterprise-grade banking technology solution is composed of eMACH.ai, an open finance platform engineered by the ‘First Principles’.

Intellect Digital Core for cooperative banks enables them to embrace digital transformation and incorporate modern technologies to meet evolving customer demands and stay competitive. The enterprise-grade banking technology solution meets customers' evolving needs in tier-2 and tier-3 cities.

It has an open banking business model enabled by APIs providing a banking service that matches the user experience of success stories. The core also brings the latest in financial technology with BaaS (Banking as a Service) which can transform the way finances are managed. 

The Digital Core is a comprehensive and standard solution that includes all major modules, ensuring a complete and fully functional experience.

Ramanan SV, chief executive officer (CEO)-India and South Asia, Intellect Design Arena said, “We are excited to bring Intellect Digital Core to revolutionise the way Cooperative Banks operate in India. Being made in India, we understand the patterns of the Indian market and the evolving demands and expectations of customers in Tier 2&3 cities. The technology is built on the ‘First Principles’ Technology Solution eMACH.ai, enabling the banks to become Digital Enterprise, thereby driving exponential growth."