CR2 and Network International will deliver Mobile banking as a managed hosted service in MEA as a result of their partnership

Banking software leader CR2 has signed a strategic partnership with Network International, the leading influencer of digital commerce across Africa and the Middle East. CR2 and Network International will deliver mobile banking as a Managed Hosted Service, enabling banks to rapidly deploy and cost-effectively deal with their mobile banking services.

CR2 is viewed as the pioneer in channel banking software in Africa and the Middle East. They recently declared the most recent release of their Bank World Mobile App, which incorporates Customer On boarding, KYC and Account Opening functionality that helps drive customer acquisition. The app is intuitive and feature-rich and includes integrated payments functionality, live communication channels, personal financial management, and personalization by the user.

Network International is the leading enabler of digital commerce across the Middle East and Africa region. The Group gives a full suite of technology-enabled payments technologies as a Managed Service to over 220 Financial Institutions across the region.

The partnership between CR2 and Network International will provide banks with access to a state-of-the-art banking platform as a Managed Service which means low upfront costs and a significantly reduced need for IT support from prospective bank clients.

Kieran Kilcullen, CR2 Chief Commercial Officer, remarked: As we keep on growing our customer base, we perceive the need to offer adaptable deployment choices for banks. 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.

Andrew Key, Managing Director Africa, Network International, included: We are extremely satisfied to partner with CR2. The Bank World 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.