American commercial bank Five Star Bank (FSB) has partnered with UK-based B2B payment services provider Corserv to launch credit cards for all types of customers.
The bank intends to offer credit cards to its consumer, business, and commercial customers.
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Corserv empowers banks and fintech with payment programmes. It will help FSB deliver the cards to end customers as part of its credit card programme.
Corserv CEO Jerry Craft said: “Corserv’s credit card programme enables Five Star Bank to provide the best credit card products with local service for businesses, municipalities, and non-profits.
“Five Star Bank’s programme considers the overall relationship with their customers when making credit decisions, setting a credit line, and assigning an APR – something National providers can’t do.”
Through the programme, FSB offers consumers and businesses with low-rate bank-branded Mastercard Platinum, Platinum, Platinum Rewards, and World cards.
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By GlobalDataThe bank also provides corporate, corporate rewards, and purchasing cards to its commercial customers.
FSB cardholders will be able to manage their accounts online, via mobile app or a multi-lingual IVR.
Additionally, they can also make payments via Apple Pay, Google Pay, and Samsung Pay as well.
Five Star Bank EVP COO and CFO Krista Snelling said: “With Corserv’s credit card programme, Five Star Bank now offers competitive credit cards and is able to make the credit decisions, especially for our relationship customers.
“Corserv’s solution provides robust features for our business customers such as a self-service card management portal, alerts and controls, and virtual cards to automate ePayables.”
