Intellect Wins Core Banking Deal with Myanmar's A bank PCL

Intellect Design Arena Ltd. announced a strategic partnership with Ayeyarwady Farmers Development Bank Public Company Limited (A bank PCL) in Myanmar. Under this deal, A bank PCL will modernize its banking capabilities by implementing Intellect’s eMACH.ai Core Banking platform. The bank will also leverage Intellect’s PF Credit and AI First Lending solutions to enhance its credit processes for loan origination and servicing. ACE Data Systems will act as the local implementation and support partner. This transformation aims to deliver a highly agile, scalable, and resilient technology foundation, enabling faster go-to-market, improved business visibility, better compliance, and AI-powered efficiencies, including 10X faster loan origination.