Everything that's "IN" in Fin!

Everything that's "IN" in Fin!

H1 2024 Highlights:

??Ranked 1 in IBS Sales League Table 2024

iGCB achieved remarkable success, securing the number 1 spot in Retail Core Banking for the sixth consecutive year and Retail Lending for the third year in a row. Additionally, iGCB

was recognized among the Top 2 in Digital Banking Channels, a Regional Leader (North America) and Domestic Leader (India) in Retail Core. This consistent performance highlights iGCB's commitment to innovation and excellence in the financial technology sector.

?? Know More


??3 Awards at the 16th Annual Golden Bridge Awards?

iGCB was recognized as a winner in three categories in the prestigious 16th Annual 2024 Golden Bridge Awards?. The award honors the best in business and innovation across various industries around the world. The awards include:

?Information Technology (Software) Innovation for eMACH.ai iKredit360 Cards

? Company of the Year - Information Technology Software for eMACH.ai iKredit360 Cards

? Live Event of the Year - Business to Business for its showcase at Money20/20 Europe 2023

?? Know more about iKredit360 Cards


???eMACH.ai Digital Engagement Platform – The Only Codeless Engagement Banking Platform in the World

iGCB recently unveiled the eMACH.ai Digital Engagement Platform (eMACH.ai DEP) at Money20/20 in Amsterdam. This groundbreaking platform enables

banks to create Retail, SME & Corporate banking experience in a codeless manner.

The platform comes equipped with unique capabilities including the rapid deployment of digital banking apps within just 120 days, a unified Customer Information File

(CIF) platform, seamless customer onboarding in minutes and single origination platform for Retail, SME & Corporate.

?? Read More


??5 Core Banking Trends driving Disruption

In an interview published as a cover feature on ‘The Fintech Magazine’, Rajesh Saxena, CEO,

iGCB describes five trends driving the banking industry ranging from Open Finance to ESG to

regulations. He details the huge opportunity created by each of these trends.

Apart from the product and technology, he emphasises the importance of delivery

strategy. Rajesh says, “ It might sound obvious but most delays in implementations occur due

to a gap in understanding between the bank and the technology provider.”

?? Read the Article


?? Accelerate MSME Credit Penetration in the Philippines

MSMEs represent over 99% of businesses and contribute significantly to employment, in Philippines and the rest of Asia Pacific. Despite their economic importance, MSMEs often face challenges in accessing credit. iGCB's whitepaper proposes strategies which include digital onboarding, leveraging alternate data sources and integrating generative AI for credit assessment, aim to empower banks to better serve MSMEs, fostering economic growth through improved financial inclusion and support. Providing insights in the whitepaper is Lito Villanueva, Executive VP and Chief Innovation and Inclusion Officer, Rizal Commercial Banking Corporation.

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??? Middle East Banks Embrace Open Finance, AI and Microservices for Customer-Centric Transformation- An Interview with Finance Middle East

Middle East banks are rapidly adopting technologies like Open Finance led Composable architecture, AI, Microservices to drive customer-centric transformations. Another emerging trend is the use of Blockchain to reduce SME onboarding time. On the customer front, AI is gaining momentum. Substantiating the trend is a report by PwC, predicting that the Middle East will amass $320 billion worth of benefits by 2030.

?? Read the interview


??? A leading bank in Zimbabwe transforms with iGCB’s Core Banking | Experiences 200% increase in transaction processing capability, lightning-fast operations and reduces 5200+ person hours monthly

The bank, serving 500,000+ customers faced several challenges such as GL discrepancies, slow transaction processing and slow reporting. Further, their core banking resulted in slow runtime, slow go-to-market and multiple data reconciliations across systems. The bank switched to iGCB’s core banking built on Events, Microservices, and API to experience faster go-to-market, high scalability, comprehensive product & feature stack, real-time visibility of data and much more.

?? Know More


??Digital Transformation for Central Banks: Enhancing Policy Implementations and Payments with Emerging Technologies

At the recent Central Banking Summer Meetings 2024 in London, iGCB introduced iQuantum, a specialized banking technology solution designed specifically for central banks. During the event, iGCB's central banking expert Selvakumaran participated in a panel discussion alongside global central bankers. The panel addressed best practices and challenges in transforming the central bank backbone to accelerate digital adoption at national and international levels.

?? Connect with iGCB's Central Banking Experts


??Big Bang vs. Progressive Transformation in Banking - An Interview with FF News

K Srinivasan (KS), President and Head of UK and Europe for iGCB, in a conversation with FF News, advocates for progressive banking transformation strategies tailored to bank size and legacy system constraints. He underscores iGCB's strategy of coexisting with older software while gradually implementing next-generation solutions to mitigate risks. In addition, he also talks about the recent projects in Hungary and Austria, exemplifying iGCB's dedication to modernising banking infrastructure across Europe.

?? Connect with iGCB's UK & Europe Banking Expert


?? Vancity, Canada’s largest credit union, chooses iGCB to transform their digital experience

Vancity, with over 570,000 members and $35.5 billion in assets under administration, is set to revolutionize banking experience for its members through a seven-year

collaboration with Intellect. This partnership aims to enhance digital services for Retail, SME, and Commercial members. The deployment of DEP, the only codeless engagement

banking platform in the world built for banks and financial service providers on a fully managed cloud platform will ensure scalable, secure and highly personalised digital

experiences for Vancity's members.

?? Connect with iGCB's Credit Union Experts


?? Unveiling Canada-Ready eMACH.ai Cloud for Banks and Credit Unions

Intellect introduced its cutting-edge eMACH.ai platform to the Canadian market. This cloud-agnostic platform, driven by AI, offers a comprehensive suite of solutions encompassing digital engagement, liquidity management, virtual accounts, and core banking functionalities such as payments and deposits. The Canada eMACH.ai Cloud is aims to enhance deposit growth, ensure regulatory compliance, and optimize operational efficiencies. The platform supports seamless integration with fintech partners, facilitating rapid innovation across corporate, SME, and retail sectors.

?? Connect with iGCB's Canada Experts


??? Banks begin Digital Transformation in Papua New Guinea

Papua New Guinea's financial sector is at the forefront of a digital transformation agenda, with banks across the nation strategically leveraging cutting-edge technologies to enhance efficiency, customer service, and financial inclusivity. During a recent conference organized by iGCB, leaders from the banking industry discussed these trends. EMTV, a leading news channel in Papua New Guinea, interviewed key influencers on the evolving banking landscape.

?? Connect with iGCB's Core Banking Experts

MANOHAR DESHKAR

Have 10+ years of Experience in Retail Branch Banking, NBFC, INSURANCE, Channel Sales & Team Headling

1 个月

z,,,,,,, cdxxfccy

回复
Sunil T.

Senior Manager - Infrastructure support -(Microservices, Containers, VMware TKG, K8s, DevSecOps, ELK)

2 个月

Very useful insight in the news letter, grate to hear all news, that intellect products are progressive and helping our customer to adapt open banking and move towards toward the cloud journey with Microservices on any modern platform, AWS, AZURE, GCP, VMWARE etc.

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