Leading card payment processor to offer data-driven insights to region’s banks
Network International, the leading payment solutions provider in the Middle East and Africa (MEA) has launched N-Advisors, an analytics and consulting product offering to service its more than 200 banking clients across the 55 countries in which it operates.
As several countries within the MEA region transition and mature to non-cash based economies, N-Advisors will play a key role in assisting banks achieve shared goals including growing the market for and usage of cards, building transaction volumes and balances and maximising customer retention.
A first-of-its-kind solution amongst card processors in the MEA, N-Advisors will leverage Network International’s position as the region’s leading card payment processor to offer data-driven insights and benchmarks, advanced analytics, predictive modelling and customer treatment strategies, all supported by world-class, tailor-made consulting recommendations. Network International currently processes nearly 800 million transactions annually across markets, on behalf of its acquiring and issuer processing clients.
“I am very excited by this new client offering which I believe will significantly differentiate us from our processing peers,” said Simon Haslam, Group CEO of Network International. “The regions in which we operate are relatively underserved by traditional consulting and analytics companies. The data that Network International processes is unrivalled and makes us uniquely placed to provide our clients with best-in-class consulting recommendations underpinned by data-driven portfolio insights and predictive analytical solutions. ”
N-Advisors comprises card experts from both mature and emerging markets with deep domain expertise across the credit lifecycle and a detailed understanding of credit card processing technologies.
Added Paul Clarke, Head of Product & Innovation, Network International, “The data that we process offers accurate and timely insights on consumer spending behaviour and patterns. When complemented with our predictive models and decisioning tools and expert analysis, we are able to offer our clients unparalleled intelligence to support their credit and customer decisioning processes.”
The launch of N-Advisors follows Network International’s growth strategy with vertical and geographical expansion across its core Middle East and African markets.