Intellect Design Arena Limited has informed the Exchange regarding a press release dated April 21, 2026, titled "Press Release - Deal Win: Khalsa Credit Union, BC, Canada selects Intellect to power its next-generation digital banking platform".
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Intellect Design Arena has announced a strategic partnership with Khalsa Credit Union (KCU) in British Columbia, Canada. KCU will adopt Intellect's eMACH.ai Digital Engagement Platform to modernize its digital banking ecosystem. The platform will provide omnichannel capabilities across mobile and web, improve member experience, and enable faster product launches. KCU is a member-owned credit union with over $920 million in assets and branches across British Columbia. This partnership will help KCU enhance digital self-service capabilities and operational efficiencies through a cloud-ready, scalable architecture.
This is a positive new customer win for Intellect in the international market. While the deal value is not disclosed, gaining a credit union with $920M in assets as a customer demonstrates Intellect's ability to serve community-focused financial institutions globally. However, the financial impact on revenues cannot be determined from this announcement.