Intellect Global Transaction Banking (iGTB), the transaction banking division of Intellect Design Arena, has announced a significant partnership with the National Bank of Fujairah (NBF), a leading UAE-based corporate bank, to enhance its digital capabilities. This partnership marks one of the first cloud-managed services implemented by iGTB in the region.
Advancing Banking Solutions with Cloud-Based Services
NBF, known for serving corporates and SMEs across the UAE, provides financial services that optimize commercial opportunities and support sustainable growth. Through the implementation of the eMACH.ai Digital Transaction Banking solution, NBF can now offer clients a comprehensive suite of solutions, which include:
- Innovative Decision-Making and Enhanced Digital Capabilities: This allows for improved information visibility and fosters innovation, ensuring quick decision-making and a seamless user experience for corporate clients.
- Cloud-Powered Excellence: By utilizing eMACH.ai Cloud, iGTB will provide NBF with a fully managed cloud service, allowing the bank to concentrate on business development and client service.
iGTB officials highlighted that NBF’s decision to partner with Intellect Global Transaction Banking reflects the bank’s commitment to advancing its transaction banking infrastructure. This partnership underscores the critical role of technology in driving growth and innovation in commercial banking. The deployment of eMACH.ai Cloud managed services in the UAE marks a significant milestone in the region’s digital transaction banking landscape.
About Intellect Global Transaction Banking (iGTB)
Intellect Global Transaction Banking (iGTB) offers banks a unified global ecosystem for a wide range of services, including liquidity management, investments, deposits, cash management, cash pooling, payments, virtual accounts, SME lending, corporate DDA, trade, and supply chain finance. The iGTB suite, powered by the Contextual Banking Experience (CBX) digital engagement platform, is designed to empower corporate clients to manage their financial operations effectively. This platform enables banks to achieve their goal of becoming the principal financial partner for their corporate customers.
