Bank NXT extends collaboration with Network International to modernize payments infrastructure
Bank NXT, a leading provider of integrated retail and corporate banking solutions in Egypt, announced the extension of its collaboration with Network International ( www.Network.ae/en ) (Network), a leading fintech company in the Middle East and Africa, to accelerate the digitalization of its payment services and further modernize its payments infrastructure. As part of the collaboration, Bank NXT will migrate its ATM and debit card portfolio to Network’s end-to-end processing platform, enabling more streamlined operations, strengthening security controls, and enhanced customer experience. The agreement underscores Bank NXT’s strategic commitment to advancing its payments infrastructure in partnership with Network. Migration supports the Bank’s expansion agenda by building trust among existing and new customers. The partnership comes at a significant time, as Egypt’s banking sector is undergoing a rapid digital transformation, driven by the Central Bank of Egypt to foster a thriving digital economy. Tamer Seif El-Din, CEO and Managing Director of Bank NXT, said: “Our collaboration with Network International is a cornerstone of Bank NXT’s strategy to modernize our payments infrastru
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