CR2Banking software company CR2 has partnered with payment solutions company Network International to deliver mobile banking as a Managed Host Service across Africa and the Middle East.

The alliance will enable banks to rapidly deploy and manage their mobile banking services cost-effectively.

“As we continue to grow our customer base, we recognise the need to offer flexible deployment options for banks,” Kieran Kilcullen, CR2 Chief Commercial Officer commented.

“We chose to partner with Network International for their deep technical expertise, experience, reputation and market-leading position. This partnership enables CR2 to capture new customer opportunities in our market and allows all banks to rapidly implement mobile banking services,” Kilcullen added.

The partnership will provide banks with access to a banking platform as a Managed Service, which will mean low upfront cost and a significantly reduced need for IT support from the banking clients.

“The BankWorld mobile app proposition complements our portfolio offering to banks in the region. The ability to deploy mobile banking as a managed service means that banks can have their banking app in the hands of their customers faster, without delay or without the complexity, cost and resources needed by adding infrastructure in-house,” said Andrew Key, Managing Director – Africa, Network International.

Headquartered in Dublin, Ireland, CR2 is a privately held, global banking software company. It offers digital and ATM channels that provide personalised services built upon an integrated, omnichannel, digital banking platform known as BankWorld.

Network International comprises a group of companies, with its presence across the Middle East and Africa (MEA) region, providing a full suite of technology-enabled payments solutions to merchants and financial institutions.

 

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by Krishna V Kurup
Senior Market Analyst at IBS Intelligence
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