Arun Jain, Chairman & Managing Director, Intellect Design Arena

Technology has brought five waves of transformation in the banking industry, with each wave highlighting new opportunities. Now a fifth wave is upon us – what is BankTech Wave 5 and what does it mean for banks? Arun Jain, Chairman and Managing Director of Intellect Design Arena speaks to Robin Amlôt of IBS Intelligence on why it is imperative that banks embrace the challenge. We also review the importance of first principles and the evolution of Intellect’s eMACH.ai, which has developed into a country-ready solution, based on the specific requirements of specific markets.