Financial services provider Evolve Bank & Trust has partnered with i2c, a payments processing technology firm, to provide a range of customisable cards.
The alliance will use i2c’s technology and infrastructure for credit, debit, prepaid and DDA product offerings. i2c technology is expected to allow custom-build of banking and payment products.
In addition, Evolve will use i2c’s configurable cloud-based platform to quickly introduce programmes.
i2c founder and CEO Amir Wain said: “i2c is thrilled to partner with Evolve to provide the technology and infrastructure needed to deliver differentiated and innovative products.
“Evolve’s forward-thinking payments strategy is a perfect match with i2c’s vision of bringing innovation to customers across the financial services spectrum, here in the US, and around the globe.”
Besides credit, debit and prepaid cards, the collaboration will cover a suite of core-banking solutions. Evolve plans to initially launch a virtual card programme.
Evolve chairman Scot Lenoir said: “Evolve was looking for a partner we could form a deep relationship with that provides reliability, accuracy, flexibility and has a proven track record of 100% availability to meet the needs of our tech-savvy customers. i2c checked off all the boxes and then some.
“We are excited to work with i2c to bring non-traditional card issuing solutions to our customers beginning from day one and look forward to creating even more next-gen solutions together in the future.”
Evolve also intends to introduce the Mastercard Cash Pick-Up programme, enabling money withdrawal from participating ATMs without a physical card.