-21.00 (-2.17%) Intellect Global Transaction Banking (iGTB), the transaction banking specialist from Intellect Design Arena, has inked a major transformative deal with a leading Qatar-headquartered bank. This marks Intellect’s eighth major digital transformation deal in the Qatar region.
iGTB Virtual Accounts 2022 will allow the bank to acquire sophisticated Collections-On-Behalf-Of (COBO) leveraging virtual accounts and overcome legacy core banking challenges by virtualizing the accounts, thereby enhancing their customers’ experience.
Intellect Design Arena, a global leader when it comes to applying true digital technology, is the world’s first financial tech company that covers the entire spectrum of banking and insurance needs with its wide suite of products.