+
Intellect Launches eMACH.ai Pilot in South African Banks
ECONOMY & POLICY

Intellect Launches eMACH.ai Pilot in South African Banks

Intellect Design Arena, a global leader in enterprise-grade financial technology, has launched pilot implementations of its next-generation platform, eMACH.ai, for leading South African banks. This marks a major milestone in the transformation of South Africa’s wholesale banking infrastructure and aligns directly with the country’s National Development Plan (NDP) 2030 and broader digital economy agenda.

Developed by over 1,200 research engineers and already deployed by more than 500 banks worldwide, eMACH.ai offers modular, AI-enabled architecture that allows banks to streamline operations, reduce costs, and serve both corporate and public-sector clients more effectively.

Key platform features include:
  • Composable Microservices: Modular design ensures agility and scalability.
  • Advanced AI Capabilities: Real-time decision-making and automation integrated across functions.
  • Intelligent Infrastructure: Delivers over 20 per cent cost savings across transaction banking, cash management, trade, and payments.
  • Global Experience, Local Impact: Present in 60+ countries and expanding across Africa.

Aligned with South Africa’s NDP 2030 and Digital Economy Master Plan, eMACH.ai is positioned to enable:
  • Modernisation of public sector services (e.g. Eskom collections, school fee digitisation, and municipal payments),
  • Embedded financial services for infrastructure projects (e.g. smart meters),
  • Frictionless citizen payments in cash-heavy sectors,
  • Innovation through low-code, AI-enabled platforms for local skills development.

Intellect’s expansion into South Africa reflects its long-term commitment to the region, supporting regulatory needs and national-scale transformation. Arun Jain, Chairman and Managing Director of Intellect, noted, “South Africa is not just another market — it is a mission. With our First Principles and Design Thinking approach, eMACH.ai modernises banking infrastructure while advancing financial inclusion and sealing revenue leakages.”

Manish Maakan, CEO of Intellect Wholesale Banking, added, “With pilots now live, we are co-creating a digital, resilient and inclusive banking ecosystem. By combining intelligent automation with deep domain expertise, we’re unlocking liquidity, accelerating transaction cycles, and delivering double-digit efficiency gains.”

Intellect Design Arena, a global leader in enterprise-grade financial technology, has launched pilot implementations of its next-generation platform, eMACH.ai, for leading South African banks. This marks a major milestone in the transformation of South Africa’s wholesale banking infrastructure and aligns directly with the country’s National Development Plan (NDP) 2030 and broader digital economy agenda.Developed by over 1,200 research engineers and already deployed by more than 500 banks worldwide, eMACH.ai offers modular, AI-enabled architecture that allows banks to streamline operations, reduce costs, and serve both corporate and public-sector clients more effectively.Key platform features include:Composable Microservices: Modular design ensures agility and scalability.Advanced AI Capabilities: Real-time decision-making and automation integrated across functions.Intelligent Infrastructure: Delivers over 20 per cent cost savings across transaction banking, cash management, trade, and payments.Global Experience, Local Impact: Present in 60+ countries and expanding across Africa.Aligned with South Africa’s NDP 2030 and Digital Economy Master Plan, eMACH.ai is positioned to enable:Modernisation of public sector services (e.g. Eskom collections, school fee digitisation, and municipal payments),Embedded financial services for infrastructure projects (e.g. smart meters),Frictionless citizen payments in cash-heavy sectors,Innovation through low-code, AI-enabled platforms for local skills development.Intellect’s expansion into South Africa reflects its long-term commitment to the region, supporting regulatory needs and national-scale transformation. Arun Jain, Chairman and Managing Director of Intellect, noted, “South Africa is not just another market — it is a mission. With our First Principles and Design Thinking approach, eMACH.ai modernises banking infrastructure while advancing financial inclusion and sealing revenue leakages.”Manish Maakan, CEO of Intellect Wholesale Banking, added, “With pilots now live, we are co-creating a digital, resilient and inclusive banking ecosystem. By combining intelligent automation with deep domain expertise, we’re unlocking liquidity, accelerating transaction cycles, and delivering double-digit efficiency gains.”

Next Story
Infrastructure Transport

Cabinet Clears Rs 15.07 Bn Greenfield Airport Project in Kota-Bundi

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved the Airports Authority of India’s (AAI) proposal for the development of a Greenfield Airport at Kota-Bundi, Rajasthan, at an estimated cost of Rs 15.07 billion.Kota, located on the banks of the Chambal River, is widely recognised as the industrial capital of Rajasthan and a prominent educational coaching hub. To support the region’s growing needs, the Government of Rajasthan has handed over 440.06 hectares of land to AAI for the project.The new Greenfield Airport will be designed to handle oper..

Next Story
Infrastructure Urban

Govt may extend MSME NPA classification period to 180 days

The Union government is considering a proposal to extend the non-performing asset (NPA) classification period for loans to micro, small and medium enterprises (MSMEs) from the existing 90 days to 180 days, according to a senior government official who requested anonymity.“The proposal to extend the loan default period for MSMEs from 90 days to 180 days is likely to be taken up by the Cabinet soon,” the official said.The move is expected to provide relief to cash-strapped MSMEs, especially against the backdrop of steep US tariffs, giving them more time to regularise their loan repayments.Ne..

Next Story
Infrastructure Urban

FedEx, IIT Madras Launch SMART Centre for Sustainable, AI-led Logistics

FedEx has partnered with the Indian Institute of Technology (IIT) Madras to inaugurate the SMART Centre (Supply Chain Modelling, Algorithms, Research and Technology Centre) on the institute’s campus. The facility will drive innovation in sustainable and AI-driven logistics solutions. Backed by a five-year $5 million grant from FedEx, the SMART Centre aims to combine advanced research, digital technologies, and industry expertise to transform supply chains with a focus on agility, resilience, and environmental responsibility.The centre will also spearhead interdisciplinary projects in ar..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?