London (UK), April 22, 2024: Intellect Global Transaction Banking (iGTB), the transaction banking expert under Intellect Design Arena Limited, has revealed the successful deployment of Jordan Kuwait Bank’s (JKB) Digital Transaction Banking (DTB) platform, powered by architecture.

This implementation offers a fully integrated, mobile-centric, cutting-edge, omni-channel experience, supporting JKB’s growth objectives in line with Jordan Vision 2025 in the Arab region.

Key highlights of this digital transformation encompass:

  • The platform boasts built-in functionalities for digital cash management, trade finance, and payments, leveraging the architecture.
  • Complemented by the acclaimed omni-channel Digital Customer Experience suite (CBX) and extensive mobile banking services.
  • Seamless digital experiences are extended across the corporate financial supply chain, streamlining transaction banking operations.
  • SME and corporate clients in Jordan across various sectors such as power, real estate, energy, hospitality, medical, and aviation stand to gain from this advanced digital platform, featuring superior customer experiences and an expanded array of product offerings and services from the bank.

Mr. Manish Maakan, Chief Executive Officer of iGTB, commented on this implementation, stating, “Our fully integrated Cash & Trade Digital Transaction banking platform has become the leading global solution for Transaction Banking needs in Jordan and the Middle East. Whether it’s delivering a modern Contextual Banking experience or providing robust technology to support cash, liquidity, payment, trade, and virtual account operations, our platform stands at the forefront.”

He further noted, “Corporate clients can now enjoy an experience previously exclusive to retail and B2C sectors. Among the six banks providing Transaction Banking services in Jordan, three of the largest now rely on iGTB, capturing an impressive 50% market share. Today, more than 60% of the world’s top Corporate banks #winwithiGTB and are powered by Intellect’s Transaction banking products and solutions, this includes 9 of the top 10 Middle East banks.”

iGTB offers banks a unified global ecosystem for liquidity, investments, deposits, cash management, cash pooling, cash forecasting, payments, virtual accounts, SME lending, corporate DDA, trade and supply chain finance. Its suite of transaction banking products is tailored to empower Corporate Clients in money management and to prepare Commercial Banks for customer-centric services in a new era.

iGTB is the world’s first complete Global Transaction Banking platform from Intellect Design Arena. With a comprehensive suite of transaction banking products, iGTB enables banks to serve as the Principal Banker to their corporate customers. The platform is powered by Contextual Banking Experience (CBX), a white labelled Digital Engagement Banking Platform offering a seamless and contextual user experience for managing Cash and Trade digital channels.


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