New Delhi: Intellect Design Arena Limited on Thursday said Arab National Bank (ANB) has deployed its eMACH.ai Digital Transaction Banking platform to accelerate digital innovation in Saudi Arabia’s wholesale banking sector, marking a strategic win for the Chennai-headquartered fintech firm in the GCC region.
The implementation is aimed at enhancing ANB’s corporate and SME banking capabilities, particularly in cash management, as the Kingdom pushes ahead with its Vision 2030 economic diversification agenda.
The platform offers real-time visibility and control over accounts and payments, straight-through processing with embedded foreign exchange capabilities, and a consolidated cash position dashboard. It also includes a dedicated corporate mobile application designed to enable enterprise-grade financial management on the go.
ANB said the transformation will strengthen operational agility, reduce transaction complexity and deliver faster turnaround times for clients across key industries including oil & gas, government, utilities, real estate, telecom, FMCG and trading.
Aiedh M. Al-Zahrani, Chief Operating Officer at ANB, said the digitisation of transaction banking services positions the bank as a strategic partner to clients’ growth journeys. Omar Alageel, Chief Digital Officer at ANB, described the move as a foundational shift towards a digital-first operating model.
For Intellect, the deal reinforces its positioning as an AI-first, enterprise-grade financial technology provider. Manish Maakan, CEO – Wholesale Banking at Intellect, said the partnership strengthens the company’s leadership in the GCC, where it now serves over 40 customers.
The eMACH.ai platform, built on a composable architecture of events, microservices and APIs, is designed to power industry-specific use cases with contextual intelligence and AI-led capabilities.
With over 500 customers across 61 countries, Intellect is increasingly focusing on large-scale digital transformation mandates in emerging markets, where banks are modernising legacy systems to improve competitiveness and regulatory compliance.
Shares of Intellect Design Arena (NSE: INTELLECT; BSE: 538835) are likely to be in focus as investors track deal momentum and expansion in high-growth Middle Eastern markets.