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.

Intellect Design Arena Ltd announced a strategic partnership with Khalsa Credit Union (KCU), British Columbia, Canada, to transform its digital banking ecosystem. The announcement was made on April 21, 2026, under Regulation 30. KCU has selected Intellect's eMACH.ai Digital Engagement Platform (DEP) to deliver a seamless, intuitive, and member-centric digital banking experience.

Partnership Overview

By adopting Intellect's eMACH.ai Digital Engagement Platform (DEP), KCU aims to modernize its digital capabilities, enabling a unified experience across mobile and online channels. The partnership will bring a world-class digital experience based on Intellect's best practices with cooperatives and banks globally. This transformation is expected to improve adoption of banking services and enhance retention amongst members due to the improved banking experience.

Key Benefits for KCU

The selection of Intellect's eMACH.ai DEP will provide Khalsa Credit Union with several strategic advantages:

Leadership Statements

Hardeep Singh Bains, CEO of Khalsa Credit Union, stated that partnering with Intellect aligns with their commitment to delivering innovative, member-focused solutions. He emphasized that this initiative will enhance KCU's digital capabilities and enable better service to members with convenient, secure, and efficient banking experiences.

Rajesh Saxena, CEO of Intellect Consumer Banking, highlighted that KCU is at the forefront of British Columbia's vibrant credit union ecosystem with a growing membership base and strong community presence. He noted that the partnership will deliver multifaceted benefits including empowering KCU to offer a superior digital experience across all touchpoints, future-proof their operations, and enable continuous innovation at speed.

About Khalsa Credit Union

Khalsa Credit Union is a values-driven, member-owned financial institution committed to serving its community with integrity, trust, and purpose. Guided by core values of Oneness, Resilience, Generosity, and Helpfulness, KCU has been supporting the financial well-being of its members across British Columbia for over 40 years. With branches in Surrey, Abbotsford, Victoria, and Vancouver, KCU provides a full range of financial services supported by personalized advice and a relationship-based approach. KCU has grown to over $920 million in assets, reflecting the trust and continued support of its members.