Intellect Global Transaction Banking (iGTB), the transaction banking division of Intellect Design Arena Ltd., and PPI AG of Europe have formed a partnership to provide advanced end-to-end transaction banking solution for the localised needs of German and French banks. This partnership would provide a local center of excellence for distribution, implementation and maintenance.
“This partnership also ensures iGTB's solutions can embrace the EBICS payments formats commonly used in key European countries,” said Manish Maakan, CEO, iGTB, said in a statement.