Latest news with #NetworkInternational
Zawya
05-03-2025
- Business
- Zawya
Network International and Airtel advance their strategic rollout plan in key markets
Network International (Network) ( a leading enabler of digital commerce across the Middle East and Africa (MEA), in partnership with Airtel Money, the dedicated mobile money platform for Airtel Africa, has begun the rollout of digital payment solutions across key African markets, starting with Uganda. More activations are scheduled for the rest of Africa and Francophone countries in 2025. As part of this collaboration, Network will provide expertise and support for solutions including transaction processing, card management, fraud prevention, APIs sandbox, reconciliation and settlement, and online access for Airtel users. Dr. Reda Helal, Group Managing Director – Processing, Africa and Co-Head Group Processing at Network International, commented: 'We aim to cover significant ground on our Airtel rollouts this year after going live in Uganda and make greater strides for our outsourced payments services in Africa. We are excited to add value to Airtel's capabilities, continue driving the success of Mobile Network Operators, and contribute to financial inclusion across the continent.' Ian Ferrao, Group CEO, Airtel Money - Airtel Africa PLC Airtel Group, said: 'We are delighted with this major milestone in our partnership and are eager to keep on innovating and elevating our customer experiences with the support of Network's digital payments expertise. Together, we will pave the way for more citizens to gain access to the continent's growing digital economy.' Network International provides a full suite of technology-enabled payments solutions to merchants and financial institutions of all types and sizes, including acquiring and processing services and a comprehensive ever-evolving range of value-added services. It currently serves 50 countries across the MEA region, including more than 40 African markets. Airtel is a leading provider of telecommunications and mobile money services in Africa, operating in 14 countries across the continent primarily in Central and West Africa. It serves over 140 million customers, including nearly 60 million data customers and over 36 million Airtel Money customers. Distributed by APO Group on behalf of Network International. Srishti Soni ASDA'A BCW; Dubai, UAE Tel: +971 4 450 7600 About Airtel: Airtel Africa is a leading provider of telecommunications and mobile money services, with a presence in 14 countries in Africa, primarily in East Africa and Central and West Africa. Airtel Africa offers an integrated suite of telecommunications solutions to its subscribers, including mobile voice and data services as well as mobile money services both nationally and internationally. The Group aims to continue providing a simple and intuitive customer experience through streamlined customer journeys. About Network International: Network International is the Middle East and Africa's largest and leading digital payments company. Our purpose is to help businesses and economies grow by simplifying payments and commerce. We operate in 50+ countries serving governments, banks, fintechs, merchants and public sector companies. We have 2,000+ employees based in our markets serving over 250 financial institutions and 130,000+ merchants.
Zawya
25-02-2025
- Business
- Zawya
Network International appointed as Payment Processing Partner by MTN Group Fintech
Network International (Network) ( a leading enabler of digital commerce across the Middle East and Africa (MEA), has been appointed as a Payment Processor – Issuing partner for MTN Group Fintech, Africa's leading mobile financial services provider. This partnership marks a significant extension of Network's portfolio of issuer processing collaborations throughout the African continent. With a footprint spanning over 50 countries and serving over 250 financial institutions, Network International brings its expertise to this partnership which will enhance MTN Fintech's cutting-edge mobile services and provide even greater value to stakeholders and customers across Africa. The partnership will focus on rolling out card issuance products across key MTN Fintech markets, starting with Rwanda which is already operational. Soon Uganda, Ivory Coast, and Nigeria will also be covered under this collaboration. Network International will provide a comprehensive range of services, including transaction processing, card management and online fraud prevention. MTN Fintech users will benefit from a seamless experience accessing both traditional mobile services and innovative digital payment solutions. Dr. Reda Helal, Group Managing Director – Processing, Africa and Co-Head Group Processing at Network International commented: 'Our collaboration with MTN Group Fintech marks a major milestone for our outsourced payments services in Africa. It demonstrates our ability to successfully serve Mobile Network Operators (MNOs) via our fully-fledged processing solutions and our continued dedication and commitment to the African region. We are excited to support MTN Group Fintech's growth strategy, and its business development plans across the continent.' Cedric N'guessan, Executive for Payment and E-commerce at MTN Group Fintech added, "This collaboration with Network International is pivotal in enhancing financial inclusion across Africa and beyond. It enables our customers to actively engage in the global economy, aligning perfectly with our strategic goals alongside Mastercard to broaden access to digital financial services across the continent." Read More ( MTN Group provides voice, data, fintech, enterprise wholesale and API services to more than 288 million customers in 14 African markets. Distributed by APO Group on behalf of Network International. For more information, please contact: MTN Group Press Office MTN Group Fintech (Proprietary) Limited: Head Office: 216-14th Avenue Fairland 2195, Private Bag 9955 Cresta 2118 South Africa Tel +2711 912 3000 Fax +2711 912 4093 Website Corporate Communications: Network International Dubai, UAE Tel: +971 4 303 2431 Follow us: X: Linkedin: About MTN Group Fintech: MTN Fintech, the platform business of MTN Group, is dedicated to revolutionising global financial services through innovative digital technology solutions. Leveraging MTN's extensive reach and expertise in telecommunications, MTN Fintech is committed to advancing financial inclusion for all and empowering communities in Africa. With a primary focus on pioneering mobile financial services, digital payments, e-commerce, short-term insurance, and remittance capabilities, MTN Fintech strives to establish seamless, accessible, and secure financial ecosystems that shape the future of digital finance. About Network International: Network International is the Middle East and Africa's largest and leading digital payments company. Our purpose is to help businesses and economies grow by simplifying payments and commerce. We operate in 50+ countries serving governments, banks, fintechs, merchants and public sector companies. We have 2,000+ employees based in our markets serving over 250 financial institutions and 130,000+ merchants.
Zawya
20-02-2025
- Business
- Zawya
Network International and Bank Nizwa partner to enhance compliance initiatives in the Sultanate of Oman
Collaboration fortifies Network International's GCC footprint UAE: Network International LLC (Network), a leading enabler of digital commerce in the Middle East and Africa, has inked an agreement with Bank Nizwa, a leading Islamic Bank in the Sultanate of Oman, to support and enhance the Bank's compliance initiatives for its digital banking customers. As part of this collaboration, Network International will implement enterprise fraud prevention solutions and tools for Bank Nizwa to further enhance its compliance delivery capabilities for its digital banking customers. Navneet Dave, Managing Director & Co-Head of Processing - Middle East at Network International, said: 'We are excited to partner with Bank Nizwa and bolster their transformation objectives. As the global finance industry continues to digitise and find new ways to enhance customer experience, security and seamlessness will become increasingly integral to operations. In this regard, our partnership will empower Bank Nizwa to strengthen its offerings to its digital banking clientele, boosting trust and satisfaction whilst ensuring adherence and enhancement of their compliance standards.' Mohammed Al Hashmi, Chief Compliance Officer at Bank Nizwa, said: 'As we continue our journey towards transformation, we are focused on redefining the banking experience in Oman's rapidly evolving financial landscape. With consumer needs shifting towards greater convenience, security, and accessibility, our collaboration with Network International will set a new benchmark in ethical banking, in alignment with Oman's digital future and larger economic goals in addition to serving via conventional banking services.' This partnership represents a significant milestone in Network's expansion into the Sultanate of Oman and the wider GCC market, reinforcing its commitment to advancing its presence across the region. About Network International Network International is the Middle East and Africa's largest and leading digital payments company. Our purpose is to help businesses and economies grow by simplifying payments and commerce. We operate in 50+ countries serving governments, banks, fintechs, merchants and public sector companies. We have 2,000+ employees based in our markets serving over 250 financial institutions and 130,000+ merchants. About Bank Nizwa Founded in 2013, Bank Nizwa stands as the first and leading Islamic bank in the Sultanate of Oman. With a legacy rooted in trust, reliability, and unwavering adherence to Sharia-compliant principles, the bank has established itself as the preferred financial partner for individuals, businesses, and institutions nationwide. Driven by a customer-first approach and a commitment to continuous innovation, Bank Nizwa offers a comprehensive suite of products and services that blend modern banking practices with the principles Islamic finance. Boasting a network of 23 branches, the bank prioritizes digitalization and financial inclusivity, providing seamless banking experiences through its user-friendly mobile app and a digital-only branch, ensuring that customers have access to their financial solutions anytime, anywhere. As a catalyst for growth and a key contributor to Oman's socio-economic development, Bank Nizwa continues to lead the way, shaping the future of Islamic banking in the region.
Zawya
18-02-2025
- Business
- Zawya
Bank Nizwa signs partnership agreement with Network International to advance its digital transformation journey
Muscat: Driving the nation's digitalization agenda forward, Bank Nizwa, the leading and most trusted Islamic bank in the Sultanate of Oman has signed a strategic agreement with Network International to enhance compliance initiatives. This partnership underscores Bank Nizwa's commitment to pioneering innovative solutions that enhance banking convenience for customers, fostering trust and security, and elevating the overall banking experience while aligning with the nation's vision for a digitally empowered economy. By embedding this comprehensive fraud management system into its operations, Bank Nizwa seeks to enhance transactional security, minimize fraud-related risks, and ensure uninterrupted banking services for its customers. This initiative underscores the bank's dedication to maintaining transparent banking practices and operational resilience, setting a benchmark for advanced fraud prevention in Oman's financial sector. Highlighting the importance of this partnership, Mr. Mohammed Al Hashmi, Chief Compliance Officer, at Bank Nizwa, stated, 'This collaboration marks a pivotal milestone in Bank Nizwa's digital transformation journey. We are steadfast in our mission to set benchmarks for secure banking practices. Robust fraud prevention measures are indispensable in today's dynamic financial landscape, where digital threats continue to grow in complexity and scale. By integrating Network International's cutting-edge fraud management solutions, we are not only fortifying our operations but also reaffirming our commitment to delivering superior banking services.' This partnership highlights Bank Nizwa's leadership in digitalization and its commitment to fostering an inclusive and innovative banking environment. As a pioneer in introducing advanced digital solutions to diverse segments in the Sultanate, the bank combines global best practices with local expertise to provide customers with intuitive platforms that enhance efficiency, reliability, and tailored financial services. The bank's robust mobile banking application enables customers to open accounts and complete a plethora of transactions securely on the go. The bank's website also brings banking to customers' fingertips, enhancing access and convenience for all. Furthermore, the bank's groundbreaking digital only branch in Mall of Oman features cutting-edge interactive tech that enables customers to access banking operations beyond regular banking hours. Through this collaboration, Bank Nizwa highlights its forward-thinking approach, reinforcing its dedication to delivering a secure, seamless, and trailblazing banking experience. The bank remains focused on continuously refining its processes and responding to the diverse preferences of its clientele, ensuring elevated and personalized levels of customer service.
Web Release
17-02-2025
- Business
- Web Release
Network International Announces Appointment of Murat Cagri Suzer as the Group Chief Executive Officer
By Editor_wr On Feb 17, 2025 Network International today announced the appointment of Murat Cagri Suzer as its Group Chief Executive Officer (GCEO). Based in Dubai, he will lead the company and spearhead its growth strategy. Under his leadership, Network International will continue to unlock new opportunities in delivering seamless, secure, and scalable fintech solutions that are customer-centric, helping businesses and customers thrive. Murat brings extensive leadership experience in the global payments and fintech sectors. Prior to this, he ran Payments, Crypto, Consumer and Digital Banking, and Corporate and Investment Banking businesses in Turkey and in the USA for BBVA. 'We are pleased to welcome Murat on board. He brings extensive experience and expertise to this role and his passion for embracing new age technologies and dedication to fostering a culture of innovation will steer Network International towards continued growth. We thank Nandan Mer for his invaluable contributions over the years and wish him success for the future,' said the Board of Directors, Network International. 'I am delighted to join the exceptional team at Network International and continue to build on its strong foundation. We are serving clients in more than 50 countries as the largest payments company in the Middle East and Africa. Leveraging our scale, technology, talent, and partner ecosystem, we will continue to deliver value to businesses while pursuing growth opportunities and expanding our product offerings further into fintech services,' said Murat Cagri Suzer, GCEO, Network International . With more than 30 years of expertise, Network International has been delivering innovative solutions to customers through simplified payment processes and provides a comprehensive suite of payment products and services. In 2024, Network International was acquired by a Brookfield-led consortium. As a strategic partner, Brookfield is committed to driving Network International's long-term growth and success. Comments are closed.
