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The Global Consumer Banking business unit of Intellect Design Arena, today announced the successful implementation of eMACH.ai Digital Engagement Platform (DEP) at Faisal Islamic Bank of Egypt (FIBE), marking a significant milestone in the bank's digital transformation journey.
As Egypt's first Islamic commercial bank and a leader in Islamic banking, FIBE continues to pioneer innovation in Shariah-compliant banking services across both retail and corporate sectors. The deployment of eMACH.ai DEP signals a bold shift from legacy infrastructure to a unified, customer-first digital banking experience rooted in FIB's vision: to be the best bank in providing Islamic services and products to our customers and correspondents, while achieving sustainable growth and reinforcing the Bank's position regionally and internationally.
eMACH.ai DEP is built on a composable architecture consisting of Events, Microservices, API, Cloud, Headless architecture and embedded AI. The platform creates business impact by enabling seamless, contextual engagement across the entire customer lifecycle from acquisition and engagement to retention, through both self-service and assisted channels.
Intellect Design Arena announced the launch of PF Cloud, the world's first Open Business Impact AI Platform, Purple Fabric on PF Cloud at GIFT City, India's flagship International Financial Services Centre (IFSC).
Anchored in GIFT City's globally competitive, regulation-compliant ecosystem of fintechs, global banks, regulators, and infrastructure providers, this strategic launch marks a significant step in advancing India's vision of becoming a Global AI Services Hub. Intellect's Open Business Impact AI Platform on PF Cloud is a culmination of over a decade of research and 20 million engineering hours, designed to help enterprises move from experimentation to enterprise-grade, accountable AI adoption.