8.15 (0.89%) Intellect Global Transaction Banking (iGTB), the transaction banking and technology specialist from Intellect Design Arena, has seen its Digital Transaction Banking (DTB) platform go live at PT Bank Central Asia Tbk (BCA).
The implementation of DTB enables BCA to offer a comprehensive, Digital Transaction Banking solution to its local market for the first time. And as improved connectivity, higher internet penetration and a young, growing and affluent population drive traction for digitalisation in Indonesia - digital banking penetration is set to hit 60% by 2020 - this implementation sees BCA spearhead the digital transformation of a corporate banking sector that is hastening to follow suit.
Intellect Design Arena is a digital technology product solutions provider to the Banking and Insurance industry, across Global Consumer Banking (iGCB), Central Banking, Global Transaction Banking (iGTB), Risk, Treasury & Markets (iRTM) and Insurance (Intellect SEEC).