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EXCLUSIVE: "Freedom Calling" - Timur Turlov, Freedom Holding Corp

EXCLUSIVE: "Freedom Calling" - Timur Turlov, Freedom Holding Corp in 'The Paytech Magazine'

Timur Turlov is building a financial ecosystem in Kazakhstan, which could serve as a blueprint […]

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 Network International, a leading enabler of digital commerce in the Middle East and Africa, has been chosen by Absa Business Banking, one of Africa's leading business banks, as its digital payments technology partner. Network will provide Absa Business Banking with end-to-end payment processing capabilities through a single payments platform and fully outsourced managed services model. The uptake of Payments as a Service (PaaS) is fuelled by Africa’s growing cloud adoption, which can be likened to the continent’s rapid growth in smartphone ownership. According to analysts, cloud adoption in Africa is accelerating rapidly, nearing levels seen in North America and China. “This new partnership marks a significant milestone for our company in Southern Africa and opens new avenues for growth and innovation. The growing adoption in cloud technologies has perfectly primed both fintech and traditional financial institutions to turbo-charge digital innovation. Working with managed service providers allows institutions to quickly and simply deliver new products and services to an increasingly digitally savvy customer,” comments Richard Kadiaka, Regional Managing Director, Southern Africa – Processing Services, Network International. Modernising fleet and commercial cards Fuel card fraud is a challenge for fleet managers which can lead to substantial financial losses over time. At the same time, connected vehicle concepts, digitisation of payment channels, and a demand for self-service management of cards requires enhanced stability and innovation in this space.                                As part of its efforts to enhance its offering in the fleet and commercial card space, Absa has partnered with Network International. Through this collaboration, services will include card management for fleet cards and commercial prepaid cards, transaction switching and authorisation, integration with fleet management software, direct connectivity to Absa Bank systems, card tokenisation, digital wallets, an online self-service platform and an expense management solution. “As the ‘Bank of the Entrepreneur,’ we are committed to delivering seamless, secure and smart payment solutions to meet our clients’ specific needs,” says Banie Claasen, Managing Executive for Lending Products at Absa Business Banking. “By combining our deep sector expertise with Network International’s leading technology, we’re empowering businesses with enhanced control and security, greater transparency and a frictionless payment experience. This collaboration underscores our commitment to innovation and customer-centricity.” A new dawn for African payments African financial institutions are undergoing a seismic shift, with Africa’s financial services market potentially growing to about 10 percent per annum, reaching $230 billion in revenues by 2025 according to McKinsey. The growth will include many new payment products as more organisations understand the importance of offering safe omni-channel solutions. Distributed by APO Group on behalf of Network International.

Network International Expands Portfolio With Absa Bank

Network International has been chosen by Absa Business Banking as its digital payments technology partner

Fintech

 Absa Bank Limited Selects nCino to Optimize its Relationship Banking Debt Management Business | Fintech Finance

Absa Bank Selects nCino to Optimize its Relationship Banking Debt Management Business

 nCino, Inc, a pioneer in cloud banking and digital transformation solutions for the global financial […]

Fintech

 Renewable Energy | Saryx | FF News | Fintech Finance

Saryx’s solar solution reduces operational expenditure by 10-20%

Renewable energy is the future, but leveraging its full benefits requires a software solution based […]

  1. TransFi Inc. Raises $19 Million to Build an Emerging Markets–Focused Global Payments Platform on Stablecoin Rails

    Funding

     Read more
  2. BFSI Philippines Summit 2026 to Spotlight AI-Driven Transformation in Financial Services

    Events

     Read more
  3. AutoRek & Microsoft: Why Reconciliation Is Becoming Strategic

    Fintech TV

     Read more
  4. EXCLUSIVE: “Freedom Calling” – Timur Turlov, Freedom Holding Corp in ‘The Paytech Magazine’

    The Paytech Magazine

     Read more
  5. Nationwide Launches Teacher Accreditation to Boost Financial Education in Schools

    Fintech

     Read more
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