Federal Bank

Federal Bank opts for Intellect’s digital transaction banking platform

Federal Bank in India has selected Intellect Design Arena’s digital transaction banking (DTB) platform as part of its revamp. The system is powered by an omnichannel corporate banking exchange (CBX) portal with backend processors for collections and receivables, payables, account services and supply chain finance. Intellect says DTB will also augment the front end of […]

Federal Bank in treasury management software overhaul, looks to replace Intellect

Federal Bank in India is looking to replace its legacy treasury system, supplied by Intellect Design Arena. It issued a request for proposal (RFP) for procurement and migration of treasury management. The bank currently runs its treasury operations from its Mumbai office, and is active in domestic, FX and derivative sectors. Since 2009, these have […]