Following its eMACH.ai Core Banking selection, the bank selects Intellect to power real-time payments, collections, and remittances across its Corporate & Investment Banking operations
Chennai (India), July 24, 2025: Intellect Design Arena Ltd, an enterprise-grade global financial technology leader, announced today that a Tier 1 Canadian multinational bank has extended its partnership by selecting Intellect’s eMACH.ai Payments and Cash Management for real-time, intelligent platform modernisation across its Corporate & Investment Banking operations in the United States.
Built on a composable 9-layer architecture, eMACH.ai Payments and Cash Management is designed to empower banks to process high volumes at speed, simplify bulk transactions, reduce operational costs, and ensure fail-safe, real-time payments.
This follows the bank’s recent adoption of eMACH.ai Core Banking, and marks a strategic next step in building a scalable, digital-first enterprise architecture. The selection also underlines Intellect’s growing role as a strategic platform partner and accelerates its entry into high-value payments modernisation programs in North America.
eMACH.ai Payments is engineered to:
- Ensure fail-safe payments at scale with real-time monitoring
- Roll out payment products including ACH and FedWire
- Simplify bulk file processing for high-volume transactions
- Speed up client onboarding across client segments
- Lower operational costs in payment processing
“Payments transformation is no longer a back-office initiative; it’s central to how banks deliver client value at scale,” said Manish Maakan, CEO of Intellect Wholesale Banking. He added, “With this expanded partnership, we are enabling the bank to reimagine real-time cash management and remittances across markets, while enabling sophisticated cash management offerings to US clients, and significant operational efficiency. Our eMACH.ai Payments and Cash Management solutions provide monitoring, fail-safe automation, faster onboarding, and the ability to roll out products globally with unprecedented speed. This expansion signals a deepening of Intellect’s strategic footprint in the North American banking landscape and solidifies its credentials in powering large-scale digital payment infrastructures.”
| For Media related info, please contact: Nachu Nagappan Intellect Design Arena Ltd Mob: +91 89396 19676 Email: nachu.nagappan@intellectdesign.com | For Investor related info, please contact: Praveen Malik Intellect Design Arena Limited Mob: +91 89397 82837 Email: Praveen.malik@intellectdesign.com |
