Intellect Design bags landmark deal with Canadian bank

Chennai, July 23 -- Fintech major Intellect Design Arena Ltd on Wednesday said it has bagged a landmark deal with a Tier 1 Canadian multinational bank to power their global deposit growth.

This strategic engagement marks Intellect's first deployment of its eMACH.ai Core Banking platform in the United States, Intellect Design said.

The deal spans the bank's Corporate and Investment Banking business and will subsequently extend to Europe and Asia, it said.

This milestone not only reinforces Intellect's position in the North American market but also deepens its longstanding partnership with one of Canada's largest financial institutions.

The win comes after a competitive evaluation process, involving leading global players.

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