Polaris Bank  And Network Strengthen Partnership To Deepen Financial Inclusion, Digital Transformation

<h4>Polaris Bank  And Network Strengthen Partnership<&sol;h4>&NewLine;<p><strong><a href&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;">OpenLife Nigeria<&sol;a><&sol;strong> reports that Network International &lpar;Network&rpar;&comma; the leading enabler of digital commerce across the Middle East and Africa &lpar;MEA&rpar; region&comma; has renewed its partnership with one of Nigeria’s largest financial service providers&comma; Polaris Bank Limited&comma; to deepen financial inclusion and digital transformation&period; The partnership is anchored on the provision of payments processing solutions and API gateway services which supports the Bank’s goal of offering self-service&sol;digital channels that bring banking services closer to its current customers and prospects&period;<&sol;p>&NewLine;<p>The collaboration with Network enables Polaris Bank to provide low-cost digital solutions on a secured platform&comma; making customer acquisition and digital onboarding seamless&period; The strategic partnership agreement covers multiple product lines that will have a major impact on business generated by cards and other modes of digital payment&comma; while also enabling financial inclusion and allowing the Bank to offer premium payment solutions to its customers&period;<&sol;p>&NewLine;<p><img class&equals;"alignnone size-medium wp-image-20502" src&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;wp-content&sol;uploads&sol;2023&sol;04&sol;IMG-20230424-WA0299-300x79&period;jpg" alt&equals;"" width&equals;"300" height&equals;"79" &sol;><&sol;p>&NewLine;<p>Polaris Bank will benefit from Network’s years of experience and expertise in comprehensive payment solutions for the African market&comma; empowering the Bank with a future-ready micro-services architecture that allows for seamless integration to any number of advanced implementations&comma; ensuring the maximum potential for creative revenue streams for the next decade&period;<&sol;p>&NewLine;<p>Polaris Bank Limited is a Nigerian Private Limited Liability Company wholly owned by Strategic Capital Investment Limited &lpar;SCIL&rpar;&period; It has a footprint of over 224 branches and cash centers across Nigeria and a robust Digital Banking platform powered by the award-winning VULTe digital solutions&period; Polaris Bank is redefining banking products and services that meet the needs of individuals and businesses&period; The Bank was adjudged Digital Bank of the Year in 2021 and 2022 in Nigeria at the BusinessDay Banks and other Financial Institutions &lpar;BAFI&rpar; Awards&period;<&sol;p>&NewLine;<p>Speaking on the Partnership&comma; Mr&period; Adekunle Sonola&comma; Managing Director&sol;CEO of Polaris Bank&comma; said&colon; &OpenCurlyDoubleQuote;Polaris Bank is geared towards growth in retail banking&comma; and will achieve its aspirations with a trusted and reliable partner like Network International&period; Providing excellent customer services is a top priority for us across all digital platforms&comma; and this will only be possible with the support from partners that share the same vision and goals as the Bank&period;”<&sol;p>&NewLine;<p>In his own reaction on the collaboration between the two Institutions&comma; Dr&period; Reda Helal&comma; Group Managing Director – Processing&comma; Africa &amp&semi; Co-Head Group Processing at Network International&comma; commented&colon; &OpenCurlyDoubleQuote;We are equally excited to renew our partnership with Polaris Bank&period; Network International is well-positioned to offer innovative products and services to our clients&comma; and this is a partnership that has been built to last&period; We are committed to investing in local resources to ensure that we are agile in offering and delivering the best to our customers&period;”<&sol;p>&NewLine;