Intellect Design Arena has announced a strategic partnership with Ayeyarwady Farmers Development Bank Public Company Limited (A bank PCL) in Myanmar to deploy its advanced eMACH.ai core banking platform. This collaboration, formalized through an official press release and regulatory filing dated April 24, 2026, marks a significant step in modernizing Myanmar's agricultural banking sector through cutting-edge financial technology solutions.

Partnership Overview

The partnership focuses on implementing Intellect Design Arena's flagship eMACH.ai core banking solution at A bank PCL, one of Myanmar's leading commercial banks. This comprehensive deployment aims to transform the bank's existing infrastructure and enhance its operational capabilities to better serve Myanmar's agricultural and commercial banking community.

Technology Implementation

The eMACH.ai core banking platform will provide A bank PCL with modern banking infrastructure designed to streamline operations and improve customer service delivery. The solution encompasses comprehensive banking functionalities including core banking, lending, trade finance, and treasury operations, all built on microservices and API-based architecture.

The implementation will particularly focus on upgrading the bank's credit processes through Intellect's PF Credit and AI First Lending solutions. PF Credit is built on Purple Fabric, an enterprise-grade Open Business Impact AI platform that delivers secure, decision-grade intelligence by leveraging Enterprise Knowledge Garden, Enterprise Digital Experts, LLM Optimisation Hub and Enterprise Governance.

Key Benefits and Features

The strategic partnership will deliver several key advantages for A bank PCL:

Leadership Perspectives

U Zaw Lin Htut, Executive Chairman of A bank PCL, emphasized the transformational nature of this partnership, stating that the integration of AI-driven core banking and lending platforms represents a fundamental transformation in how they serve their community. He highlighted that this robust, future-ready infrastructure empowers the bank to launch smarter products faster, streamline loan approvals, and elevate the entire digital banking experience.

Rajesh Saxena, Chief Executive Officer of Intellect Consumer Banking, noted that A bank PCL's transformation reflects a strong strategic intent to build a future-ready banking platform that can scale with Myanmar's economic ambitions. The collaboration with ACE Data Systems as the trusted regional partner ensures strong local presence and execution capabilities.

Zaw Moe Thant, Chief Executive Officer of ACE Data Systems, expressed honor in partnering with A bank PCL in this strategic transformation journey, combining Intellect's globally recognized eMACH.ai platform with deep local expertise and proven implementation capabilities.

Strategic Significance

This partnership represents Intellect Design Arena's continued expansion in the Southeast Asian market, demonstrating the company's commitment to supporting financial inclusion in emerging economies. The collaboration with A bank PCL, established in 2014 and operational since 2015, aligns with the growing demand for digital banking solutions in Myanmar's evolving financial services sector.

The deployment of eMACH.ai technology will enable the Myanmar-based bank to leverage artificial intelligence and advanced analytics. This modernization initiative positions the bank to strengthen its competitive position in both agricultural financing and broader commercial banking segments, supporting its mission to bring development in the agricultural industry through value-chain financing and provide accessible financial inclusion.

Intellect Design Arena has announced through a regulatory filing dated April 22, 2026, that its eMACH.ai Payments platform has received the highest rating from Nacha Consulting across all four major US payment rails. The comprehensive assessment covered TCH RTP, FedNow, Fedwire, and ACH networks, providing US financial institutions with independent validation for their payment infrastructure modernization efforts.

Regulatory Filing and Official Announcement

The company submitted the announcement to NSE and BSE under Regulation 30, with Company Secretary Prakash Bharadwaj confirming the achievement in the official communication. The rating was awarded by the official consulting arm of Nacha, the organization that writes and enforces the operating rules governing the US ACH Network.

Comprehensive Compliance Assessment Results

Nacha Consulting conducted an extensive evaluation of the eMACH.ai Payments platform, commissioned by Intellect as a voluntary demonstration of full alignment with applicable payment rules across every major US rail. The assessment delivered exceptional results with zero compliance findings.

Platform Validation and Technical Capabilities

The evaluation confirmed full scheme compliance for all ISO 20022 message types used across the payment rails, including Request to Pay flows, Fedwire drawdowns, credit transfers, investigations, and enquiries. The assessment validated comprehensive US ACH processing capabilities including Same Day ACH, Notice of Change, Micro-Entries, and complex handling of CCD, PPD, CTX, IAT, and other SEC codes within Nacha 94 file formats.

Nacha Consulting highlighted the platform's unique ability to support instant payments, bulk batch payments, and high-value RTGS payments on a single unified platform. The modular architecture spans end-to-end payment origination, pre-processing, orchestration, clearing, and settlement, alongside advanced risk management capabilities including transaction limits management.

Market Recognition and Global Deployment

This achievement follows Intellect's recognition as a Leader in the inaugural Gartner Magic Quadrant for Banking Payment Hub Platforms in January 2026. The company was noted for three key strengths: Purple Fabric AI enterprise layer, Rail Composer no-code configurator, and enterprise payments depth.

Industry Leadership Statements

Samantha Carrier, Associate Managing Director at Nacha Consulting, noted the Intellect team's commitment to payment system rules compliance and industry best practices to ensure the highest standards were met prior to their US launch. Manish Maakan, Executive President & Group Chief Revenue Officer of Intellect Design Arena, emphasized that US banks no longer need to take the company's word for compliance capabilities, as Nacha Consulting has now provided independent validation.