CorServ with Partner, Pinnacle Bank, Wins Celent’s Model Bank “Banking as a Service Award”

Case Study at a Glance: Celent Credit Cards as a Service 

Pinnacle Financial Partners worked with CorServ Solutions to create a solution that enables U.S. community banks to offer comprehensive credit cards to their customers while owning the full P&L for the program. See the Celent announcement.

Traditionally, banks have two choices to offer credit cards: a direct issuer model that requires high upfront investment or an agent bank program, which gives away the relationship to another bank. Pinnacle’s new innovative solution leveraging CorServ’s digital technology allows a bank to issue credit cards in 120 days and have access to bank-branded portals and mobile apps for end-to-end servicing without having to add staff.

“We believe that packaging the necessary capabilities to enable others to offer financial products is at the heart of all Banking-as-a-Service propositions. The Account Issuer Program developed by Pinnacle and CorServ deserves to be wider known in the US banking community and is a deserving winner of Celent’s Model Bank 2022 award for Banking-as-a-Service.” – Celent’s Zil Bareisis, March 16, 2022 

Request a copy of the Celent Credit Cards as a Service case study below…