First Abu Dhabi Bank implements Intellect’s debt management system
From Yahoo Finance: 2025-06-17 09:27:00
First Abu Dhabi Bank (FAB) has implemented Intellect Global Consumer Banking’s debt management solution as part of their credit strategy to enhance operational efficiency and customer experience. The system is integrated within FAB to automate processes, connect subsystems, and provide real-time data visibility of the bank’s credit portfolio.
FAB aims to fully automate debt collection within five years using Intellect’s eMACH.ai Lending platform. This will enable the bank to create collection strategies, streamline the collection process, reduce recovery costs, and partner effectively with loan recovery agencies. The collaboration with Intellect Design Arena began in 2005 to empower FAB in their digital transformation journey.
In December 2023, OTP Bank in Hungary announced the implementation of Intellect Digital Core (IDC) core banking system from iGCB. The move is part of OTP Bank’s strategy to enhance their digital capabilities and improve customer service. This implementation reflects the increasing trend of banks adopting advanced digital solutions to meet evolving customer demands.
Read more at Yahoo Finance: First Abu Dhabi Bank implements Intellect’s debt management system