Corserv provides the following credit card programs:

Direct Issuer

Targeted at larger Financial Institutions (FIs) with an existing or commitment to a credit card program of at least $100M in loans, the Direct Issuer program enables the FI to be the sponsor bank with Visa or Mastercard, and provides technology and subject matter expertise tailored to the FIs business model to realize maximum control & self reliance. The Direct Issuer program seeks to maximize returns & program control for FIs enabling them to offer their own branded card to consumers and businesses while owning the fee income and net interest margin on loans, and doing some/all of their own servicing.  Learn more about the Direct Issuer Program.

Account Issuer

Enables FIs to offer their own branded card to consumers and businesses and to own the interchange, fee income, the loans, and the net interest margin on loans but with a shared bank partner to support Network sponsorship, risk, compliance, and servicing functions. The financial institutions review/approve applications that do not reach an automated approval decision. Learn more about the Account Issuer Program.

Agent Bank +

Agent Bank + is a better version of an Agent Bank program with a shared bank partner to support Network sponsorship, risk, compliance, and servicing functions. It lets Financial Institutions offer their own branded card to consumers and businesses while not taking credit or fraud risk, yet realizing a fee for each customer account they originate, and a % of associated issuer interchange volume. Powerful role-based features and reporting for servicing and managing the credit card business are available to the financial institution staff. Financial Institutions have the option to control their credit card issuing relationships and own the loans at the end of the contract term by either migrating to Corserv’s Account Issuer Program or converting to another provider. Learn more about the Agent Bank + Program.

Technology Licensee

Corserv has modern, open software and technology modules based on Java, open APIs, and agile development, coupled with deep expertise in credit card issuing business processes that clients can license to create a world-class credit card issuing business. Learn more about Corserv’s Integrated Credit Card Issuing Modules.

Channel Partner

If you already have financial institutions as clients and know that they can also benefit from a credit card issuing business, then you can quickly create a new business area by becoming a Corserv channel partner to provide our turn-key solutions to your clients.