Intellect Global Transaction Banking (iGTB), the transaction banking specialist from Intellect Design Arena, announced that another leading bank in the Kingdom of Saudi Arabia, has chosen iGTB's Digital Transaction Banking (DTB) powered by eMACH.ai architecture to automate and elevate their transaction banking offering.

With this technology modernisation, the bank is well-equipped to meet the rising digital demands of Corporate & SMEs in Saudi Arabia. Industries such as Oil & Gas, Petroleum, Railway & Infrastructure, Telecom, Food & Beverages, Hospitality, and Healthcare will benefit from the seamless solutions provided by the bank.

With enhanced capabilities, the bank can effectively cater to the evolving needs of businesses in these sectors, enabling smoother financial operations and facilitating their digital transformation journeys. Aligned with the objectives of Saudi Vision 2030, the bank is dedicated to fostering sustainable economic expansion and empowering the growth of the Corporate and SME sectors in the Kingdom.

In pursuit of this mission, the bank has embarked on a digital transformation journey, prioritizing customer retention and acquisition by modernising its transaction banking services. By becoming a digital-first bank, it aims to deliver seamless processing and position itself as the preferred financial partner within the Kingdom, solidifying its commitment to driving financial innovation and serving the evolving needs of its customers.