Asia's Best: Two-time winner of IDC Innovation Award for iGTB Cash platform and Vietcombank

Intellect Global Transaction Banking (iGTB), has announced that its iGTB Cash platform deployed at Vietcombank Cashup program has won the IDC Financial Insights Innovation Award 2022 Asia's Best in Customer Interactions amongst 120+ high-quality submission from banks and insurers in APAC.

This marks the 2nd consecutive win for the iGTB Cash - VCB partnership at IDC's Financial Insights Innovation Award (FIIA). In 2021, this partnership received the award for Best Bank in Vietnam for the Payments and Cash Management category for high quality technology deployment. Raising the bar in 2022 for superior customer stickiness and faster time-to market has led to a consecutive year of recognition and endorsement by IDC FIIA.

Commenting on the award, Mr. Manish Maakan, CEO, iGTB, said, "I'm proud and humbled by this recognition of our leading iGTB Cash Cloud platform. Now with this award, the iGTB-VCB combine has won 3 major analyst endorsed awards in just 12 months. This is a testament not only to the technology platform, but the intense partnership with VCB to ensure that corporate clients and SMEs fully adopt and consume every feature of this platform. VCB has always laid emphasis on launching new products & services with a long-term view of helping its customers to grow. I congratulate them for this stellar success."

According to Mr. Dao Minh Tuan, Deputy General Director at Vietcombank, "We are delighted to be recognized as Asia's Best in Customer Interactions by IDC for CashUp initiative. Our vision on meeting the diverse and advanced needs of the customers keeps us focused with technology-driven innovation. Our partnership with iGTB in digital transformation strategy will help us boost VCB's superior position as a leading transaction banking institution in the region."

According to Darshiniy Selvaratnam, Program Director of the IDC FIIA 2022, "Vietcombank's proposition as the Best Bank in Asia was awarded for excelling in the category of Foundation, that covers the infrastructure capabilities underpinning digital transformation strategies. The payments and cash management system is a prime example of integrated banking infrastructure with cross-product transaction flows that powers growth and innovation, setting the pace for the wave of digital transformation in Vietnamese banks."

Shares of Intellect Design Arena Limited was last trading in BSE at Rs. 577.95 as compared to the previous close of Rs. 571.95. The total number of shares traded during the day was 30090 in over 1418 trades.

The stock hit an intraday high of Rs. 589.00 and intraday low of 564.00. The net turnover during the day was Rs. 17334549.00.

Source : Equity Bulls

Keywords

IntellectDesignArena INE306R01017 iGTB CashPlatform Vietcombank CashupProgram