Corporate News     02-Jan-24
Top Vietnamese Bank renews contract with Intellect Design Arena
Intellect Global Consumer Banking (iGCB), the consumer banking arm of Intellect Design Arena , recently announced that one of the top 5 banks in Vietnam has renewed its license for iGCB's Core Banking offering, Intellect Digital Core (IDC) to modernise its banking operations.

The bank will leverage iGCB's recently upgraded core banking platform IDC, the world's largest Open Finance based core banking platform to launch innovative offerings and improve efficiency.

Today, the bank serves more than 5 million individual and corporate customers and manages assets of over USD 24 billion. Powered by eMACH.ai (Events driven, Microservices-based, API, Cloud, Headless with underlying AI models), IDC will enable them to launch innovative products across current and savings accounts, deposits, payments, lending, treasury and trade finance to cater to their customers' ever-evolving banking requirements.

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