CorServ’s Post

Commercial credit card spending by mid-market companies reached $590 billion in 2021 — and that number is only growing.    Is your financial institution equipped to provide credit cards to business customers? If not, you may be driving valuable relationship customers to other banks.   In the fourth blog of our series, we discuss the lucrative commercial credit card opportunity and how a partnership with CorServ can be your solution to effectively issuing purchasing cards, including virtual cards, to customers: https://lnkd.in/g3RDe6Ti

Owning a profitable, well-managed credit card issuing program doesn't have to be costly or complex. Typical Agent Bank programs and traditional direct issuing present unique complications and limitations for banks and fintechs and their business customers.    CorServ has a better solution.    In the third installment of our new blog series, learn how your financial institution can own a lucrative card issuing program without adding staff and infrastructure or giving up valuable relationship customers: https://lnkd.in/gj6hKB3h #directissuing #agentbank #banking #fintech #creditcard

We are thrilled to win the 2024 Tearsheet Big Bank Theory Award for Best Card Issuing Platform. This award highlights how CorServ empowers financial institutions with innovative payment card issuing solutions and a client-focused mindset. Our credit card issuing platform enables banks and fintechs to succeed with flexible, scalable and unmatched operational efficiencies. CorServ provides clients with more control over their customized, competitive credit card programs, from decisioning to portfolio management, while maximizing profitability. We are committed to helping our clients succeed in an ever-evolving landscape, and we thank Tearsheet for its prestigious recognition. Learn more about CorServ’s turnkey credit card issuing program here: https://lnkd.in/gSpekECi Read about our award here: https://lnkd.in/g69DPh6h #award #cardissuing #bank #fintech #partnership

80% of business owners with a community bank credit card said they consider it their primary card in a study from Visa and Kearney. Is your community bank leveraging this opportunity, or are you referring customers to an Agent Bank? In the second installment of our new blog series, learn how deepening customer relationships by participating in payment card programs can make your financial institution more profitable and a more complete service provider to your customers: https://lnkd.in/gdnGCV-K

Heritage Bank - Greater Cincinnati is fostering excellent client relationships, expanding their suite of banking solutions, and earning higher ROA with a turnkey credit card issuing program provided by CorServ! Listen to this recent podcast from the American Bankers Association to learn how Heritage Bank is building client loyalty by leveraging their partnership with CorServ: https://lnkd.in/g8YZSMKN #creditcards #banking #cardissuer #partnership

Your community bank could be missing out on a high-margin credit card program. So, how do you tap into this market? 💡   Step one is understanding the credit card issuing opportunity.    Learn more about successful card issuing in our new blog series! Our first installment discusses credit card profitability, current market trends, and how your bank can partner with CorServ to build a lucrative card issuing program. Click the link to read, and keep an eye out for more upcoming insights from CorServ’s thought leaders: https://lnkd.in/gb9cTnm6 #communitybank #issuer #businessbanking

We are thrilled to announce that CorServ was recognized as a Top Workplace in Atlanta by the Atlanta Journal-Constitution for the 3rd year in a row. CorServ ranked 6th in small businesses with 150 or fewer employees. Over 9,000 companies were surveyed. CorServ's commitment to fostering a positive, engaging, and supportive work environment truly shone through. Thank you to every member of our team. Your enthusiasm, collaboration, and pursuit of excellence have been the driving force behind this recognition. This award is a testament to the amazing culture we have built and work to maintain.