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AutoRek: Simplifying Real-Time Reconciliations and Data Integrity How Banks Can Maintain Core Stability While Driving Innovation EXCLUSIVE: “Buy, Build, or Boost: Choosing the Right Path Amidst an Accelerating Agentic Future” – Matthew Barnard, BBD and Theodora Lau , Unconventional Ventures in ‘The Fintech Magazine’ Intimate Data Enrichment: Powering Hyper-Personalized Portals and Risk-Mitigated Lending Rails The Expansion of Machine Identity: Mapping Digital IDs, Liability Protocols, and Cross-Border Frameworks for IoT and AI Agents The Financial Benefits of Nearshoring IT Services and How Greentech Is Reshaping Modern Banking Infrastructure ACI Worldwide Powers Next-Generation PSP Expansion in Africa with Kwik Payments Go-Live More Than 60% of Pix Automático Users Are Brand-New Subscribers to Digital Platforms, EBANX Data Shows Comrade Trustee Services Goes Live With Smartstream’s Air, the AI Reconciliation and Data Automation Solution Visa Partners with OpenAI to Power the Next Generation of AI Commerce MOZN Redefines Fraud Response From Days to Minutes With AI Rule Builder US and UK Payments Firms Racing to Deploy AI Without Modernizing Financial Infrastructure enza Awarded Payment Service Provider (PSP) Enhanced Licence in Ghana Ramp Launches Applied AI Solutions, Helping Enterprises Deploy AI Agents Across Finance Operations Abbove Strengthens Its Banking Position With the Deployment of Its Platform at ING in Belgium

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AutoRek: Simplifying Real-Time Reconciliations and Data Integrity

AutoRek: Simplifying Real-Time Reconciliations and Data Integrity

At Money20/20 Europe 2026, Nick Botha, VP of Retail Banking and Payments at AutoRek, explaining […]

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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

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  1. AutoRek: Simplifying Real-Time Reconciliations and Data Integrity

    Event Videos 2026

     Read more
  2. How Banks Can Maintain Core Stability While Driving Innovation

    Event Videos 2026

     Read more
  3. EXCLUSIVE: “Buy, Build, or Boost: Choosing the Right Path Amidst an Accelerating Agentic Future” – Matthew Barnard, BBD and Theodora Lau , Unconventional Ventures in ‘The Fintech Magazine’

    The Fintech Magazine

     Read more
  4. Intimate Data Enrichment: Powering Hyper-Personalized Portals and Risk-Mitigated Lending Rails

    Banking Transformation Summit 2026

     Read more
  5. The Expansion of Machine Identity: Mapping Digital IDs, Liability Protocols, and Cross-Border Frameworks for IoT and AI Agents

    Event Videos 2026

     Read more
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