Network International inks referral agreement with NBF for corporate omnichannel payment solutions
National Bank of Fujairah (NBF) is to offer new omnichannel payment solutions to corporate clients in the UAE through a freshly inked referral agreement with Network International.
The deal will enable NBF to offer Network International’s digital payment solutions – including its online and in-person payment solutions – to its corporate clients as the bank looks to expand its services for businesses and boost its growth.
NBF, a full-service corporate bank with $15.1 billion in assets, partnered with Intellect Global Transaction Banking (iGTB) for its eMACH.ai platform to upgrade its digital banking capabilities in August this year.
The Dubai-based bank later extended its partnership with iGTB in October to include eMACH.ai Cloud for Wholesale Banking, managed by Microsoft Azure.
NBF’s CEO, Adnan Anwar, says the latest addition to its partner portfolio “not only enhances the customer experience for our clients, but also aligns with our commitment to offer a full suite of products to businesses”.
Network International operates in more than 50 countries “serving governments, banks, fintechs, merchants and public sector companies”. It currently claims to serve more than “250 financial institutions and 130,000+ merchants” with its digital payments offerings.
In September, the UAE’s Ruya Bank signed with Network International to utilise its payment capabilities.