Foreword

Cover Story

Celebrating the 12th Anniversary of 8012 FinTech Design Center

Twelve years ago, 8012 FinTech Design Center was envisioned as more than just a space, it was a commitment to pioneering Design Thinking in financial technology. Today, it stands as a testament to bold leadership, relentless innovation, and the collective brilliance of our people. As we celebrate this milestone, we also launch the iThinking Festival—a reflection of our core DNA at Intellect. This is not just about what we have built, but about how we think, solve, and lead. It is a tribute to every leader, every team, and every individual who has contributed to this journey.

In a YouTube video, Arun Jain, our Chief Designer and Chief Architect, reflects on the Design Thinking journey inspired by Silicon Valley’s customer focus. He elucidated Intellect’s philosophy of “Designing the Thinking” to achieve high performance for individuals and organisations. He highlights the application of Design Thinking in creating eMACH.ai, the First Principles Thinking based Most Comprehensive, Composable and Intelligent Open Finance Platform aimed at simplifying banking and reducing costs, and Purple Fabric, an enterprise-grade business impact AI platform utilising vectorised knowledge and agentic systems to deliver accurate business solutions.

Watch the full video

Spotlight

Central 1 concludes the transfer of Digital Banking Operations of over 170 Credit Unions & Banks to Intellect Canada

Central 1’s Forge, MemberDirect, Public Website and Mobile Applications and products have been transferred to Intellect. Over 140 employees of Central 1 comprising of digital banking engineers and service team members have joined Intellect to continue seamless operations and support clients as they transition to the new platform. Central 1 will continue to provide technology and infrastructure related services during the transition phase.

With this, Intellect becomes one of the largest technology providers to the Canadian Financial Services Industry, having more than 170 Credit Unions & Banks as clients.

Central 1’s former digital banking clients will now have the opportunity to select from the curated commercial plans for Intellect’s Digital Banking Platform (eMACH.ai Digital Engagement Platform) with specific Canada-Ready out of box bundles for Retail, SMB and Commercial Members.

Intellect offers capabilities equivalent to Forge and further enhancements with new age digital experiences and usability. Incremental features that drive member growth include new member self onboarding, personal finance management and loan origination. The Intellect platform is available as a multi-tenant SaaS offering and is integrated to a rich ecosystem of third-party providers, including banking hosts.

Read more

Intellect at BIAN Fusion: Accelerating BIAN Adoption with Purpose and Impact

Intellect participated in BIAN Fusion: Driving Adoption, held in Cape Town, South Africa, on March 11-12, 2025. This premier event brought together global banks, technology providers, and industry leaders to explore strategies for accelerating BIAN (Banking Industry Architecture Network) adoption and fostering a standardised, future-ready banking ecosystem.

Representing Intellect, Krishna Rajaraman, Chief Technology Officer, contributed valuable insights through a panel discussion and a member presentation, providing actionable guidance for banks navigating their BIAN adoption journey.

Krishna joined industry leaders from SAP Fioneer, IBM, SunTec, Zafin, and CC&C Solutions for a panel titled “How BIAN Members Drive BIAN Adoption and Transform Banks to Achieve BIAN Compliance.” He highlighted that for banks heavily reliant on legacy systems, BIAN adoption is a transformative “Change the Bank” initiative rather than a routine operational upgrade.

In his member presentation, Krishna showcased how eMACH.ai supports banks in achieving agility and scalable transformation through BIAN compliance. He outlined a structured approach to deriving measurable value from BIAN adoption, sharing real-world examples of successful implementations.