Network International set to embark on series of Middle East road shows

The road show will provide an opportunity to meet up with industry experts on the issuing and acquiring business. It will provide an opportunity to gain considerable insights on capitalizing on growing business needs and customer expectations in a dynamic industry.

It will also help banks understand how outsourcing of their non-core processes, whilst complying with scheme regulations and providing a superior service, can effectively improve their profit margins by driving down their costs which would otherwise involve significant investment in technology, considerable time to implement and need for highly skilled resources. Thus banks can focus on their core competencies of marketing and customer service.

The road show will explain to the banks how Business Process Outsourcing (BPO) can be beneficial to their business operations by maximizing on global as well as regional knowledge, skills and experience of specialists. It will explain how a befitting superior architecture will comply with EMV developments and liberate organizations to design new card products and market them at short notice. BPO is being used globally as many worldwide conglomerates realize that it is extremely useful for many kinds of businesses and especially in the context of smart card launches, where cost plays a significant role. Using BPO banks can leverage their costs through Network International who provides the facility to personalize such smart cards. The uniqueness of Network International, is that it clearly understands how banking institutions can achieve operational excellence and project accurate profitability due to known running costs. In addition, Network International provides a whole host of services which covers all processing requirements for both Issuers and Acquirers alike.

The road shows will feature keynote speakers from Visa International and MasterCard International and an internationally renowned speaker on Call Centre solutions.

Card Schemes encourage banks to outsource their business operations and focus on their key area i.e. marketing of their card products, future business development and increasing revenue. Network International, believes that in today's highly competitive progression of the cards industry, outsourcing makes it sound business acumen for banks to achieve functional excellence by being better, faster and cheaper to their customers, whilst concentrating on their strategic business development areas.

Abdulla Qassem, Chairman, Network International said, "The road shows will provide a unique opportunity for the region, providing a platform for meetings with industry experts on topics such as personalizing smart cards, issuing and acquiring outsourcing options, and at the same time demonstrating how outsourcing can effectively assist financial institution's in increasing their bottom line as well as meeting scheme regulations."

A regional EMV certified cards processor, Network International is the only company which offers a full range of card processing solutions. They specialize in managing and processing Card payment solutions, ATM sharing services, merchant acquiring, e-commerce and chip card programmes. As part of its efforts to develop a greater understanding of the nature of its business and the full spectrum of client offerings, Network International is hosting a series of regional road shows. The road shows will commence on January 30th in Dubai , followed by Lebanon, Egypt and the Kingdom of Saudi Arabia in February and Bahrain, Kuwait and Qatar in March.