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Intellect Global Consumer Banking (iGCB), the consumer banking arm of Intellect Design Arena, recently announced that AFC Commercial Bank has chosen iGCBfs Core Banking offering, Intellect Digital Core (IDC) to modernise its banking operations. The bank which is on a high growth trajectory aims to leverage cutting-edge technologies to transform its banking experience.
The partnership with Intellect will enable AFC Commercial Bank to deliver a seamless and personalised banking experience to its customers. By utilising IDCfs core banking solution, AFC Commercial Bank will be able to:
œ Deliver omnichannel customer experience with intuitive UI/UX and contextual offers
œ Provide better management of personal finances to customers through features like goal-based savings and spend analysis
œ Offer complete control of banking experience to customers through DIY UI
œ Improve business visibility through CXO cockpit with enhanced real-time 360‹ customer insights and reporting
œ Reduce inactive customers through churn analysis
œ Increase asset book with end-to-end digital lending
Powered by eMACH.ai (Events driven, Microservices-based, API, Cloud, Headless with underlying AI models), the worldfs largest, most comprehensive and innovative open finance architecture, IDC enables banks to launch innovative products across current and savings accounts, deposits, cards, payments, lending, treasury and trade finance to cater their customers' ever-evolving banking requirements.
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