Banc of California has joined forces with MasterCard for its debit card program, and will shift its existing debit card portfolio from Visa in the second quarter of this year.
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The bank will provide debit cards that will meet the requirements its depository customers, representing more than 60,000 depository accounts.
The debit cards will feature premium award programs, upgraded security features and the bank’s concierge services.
In addition, Banc of California has appointed Ben Kessler as managing director of payment solutions, who will lead payment related activities.
Before joining the bank, Kessler worked as vice president of global account management at Earthport, a financial services payments organization.
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By GlobalDataEarlier, he also worked with MasterCard Worldwide for eight years and most recently as vice president of global relationship manager.
MasterCard executive vice president of North America John Ainsworth said: "We are proud that Banc of California has selected MasterCard as their debit card network and we look forward to working with them as they grow their payment solutions business."
