- Enable Financial Institutions (FIs) to diversify their assets and increase profitability by offering high quality relationship-based consumer, business and corporate credit card products and loans
- Mitigate the risk and investment required for an FI to launch a new line of business
- Offer superior customer service, risk management, operations, marketing/sales support, training and state-of-the art technology with end-to-end financial and analytical support to help FIs successfully manage their credit card program and service their customers/cardholders with confidence
- Provide industry-expert insight and best practice policies and procedures to enable FIs to effectively offer competitive payment products that increase FI profitability and leverage their brand
Our target market is the over 5,000 US banks and credit unions with no existing credit card loans, or banks looking to improve their credit card business, especially painlessly upgrading from an agent bank relationship. Our business is scalable, and the opportunity lies in providing digital “last mile connectivity” between cardholders and the payment system.
“One of the things we have to keep in reserve is a little bit of nimbleness to adapt to the marketplace” Jerry Craft, Corserv CEO