prweb - FinTecBuzz https://fintecbuzz.com Fintech News Wed, 17 Apr 2024 06:10:51 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 https://fintecbuzz.com/wp-content/uploads/2019/04/cropped-Original-black-FinTech-512-32x32.png prweb - FinTecBuzz https://fintecbuzz.com 32 32 Busey Bank, CorServ to introduce modern credit card program https://fintecbuzz.com/busey-bank-corserv-to-introduce-modern-credit-card-program/ Tue, 16 Apr 2024 16:00:32 +0000 https://fintecbuzz.com/?p=58293 CorServ, a company that empowers banks and fintechs with payment programs, has partnered with Busey Bank ($12.5 billion in assets) to launch a modern credit card program for their commercial customers.

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CorServ, a company that empowers banks and fintechs with payment programs, has partnered with Busey Bank ($12.5 billion in assets) to launch a modern credit card program for their commercial customers.

Headquartered in Champaign, IllinoisBusey Bank serves their customers in over 80 locations. Aiming to add a comprehensive credit card solution to their suite of commercial banking services, Busey Bank transitioned out of an Agent Bank program to CorServ’s Account Issuer Program. Both Busey Bank and their commercial customers will benefit from the Interchange realized by using commercial credit cards for payments.

Busey Bank uniquely knows the financial situation and banking needs of our commercial customers,” said Andy Santangelo, EVP and Director of Treasury Management for Busey Bank. “CorServ’s commercial card program provides us with tools for credit decisioning, options for local servicing, and custom rebates which empower Busey Bank to better serve our commercial customers compared to what National card issuers can offer.”

CorServ’s Account Issuer Program provides Busey Bank’s commercial customers with benefits including better choices of credit card products, a powerful self-service interface for company administrators to manage their cards, insightful customizable reports including Level 2 and 3 transaction data, virtual cards to pay vendors, spend controls, and efficient expense reporting. With more control over credit decisions for their customers, Busey Bank will leverage CorServ’s innovative solution to offer its commercial and business customers a comprehensive credit card program.

“CorServ’s program gives commercial customers a modern approach to banking with more capabilities for a convenient and simple experience,” said Anil Goyal, CEO of CorServ. “We are thrilled to partner with Busey Bank to contribute to their legacy of associate excellence, customer service, community involvement, and expanding shareholder value.”

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Gorham Savings Bank, CorServ to implement Modern Credit Card Program https://fintecbuzz.com/gorham-savings-bank-corserv-to-implement-modern-credit-card-program/ Mon, 26 Feb 2024 13:30:46 +0000 https://fintecbuzz.com/?p=56038 CorServ, a company that empowers banks and fintechs with payment programs, has implemented an innovative credit card program with Maine-based Gorham Savings Bank ($1.6 Billion), to improve commercial lending for customers.

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CorServ, a company that empowers banks and fintechs with payment programs, has implemented an innovative credit card program with Maine-based Gorham Savings Bank ($1.6 Billion), to improve commercial lending for customers.

Gorham Savings Bank strives to be the leading financial services provider creating economic growth, prosperity and financial security for the people and communities of Southern Maine. Previously using an agent bank program for their business credit card program, Gorham Savings Bank was interested in enhancing their commercial lending process by offering commercial credit cards with ePayables and virtual card features.

Gorham Savings Bank selected CorServ’s advanced card issuing program to offer credit cards with extensive commercial banking capabilities. With the modern credit card program, CorServ gives Gorham Savings Bank the unique opportunity to participate in all credit decisions which impact its business banking customers.

“At Gorham Savings Bank we aim to provide the best banking experience for our customers,” said Kim Donnelly, EVP, Director of Wealth and Business Services at Gorham Savings Bank. “We’re excited to introduce a new, more comprehensive suite of credit cards better suited to meet the needs of our small business and commercial customers.”

Gorham Savings Bank will be equipped to serve their clients based on their unique commercial or business banking needs with features such as virtual card support for businesses’ ePayables, extensive spend controls including by MCC, a free expense reporting system, sales and servicing portals, transparent and robust reporting, all hosted and using CorServ’s secure PCI-compliant software.

“CorServ provides an enhanced value for Gorham Savings Bank and their customers with improved digital banking services for commercial lending including easier employee expenses and vendor payments,” said Anil Goyal, CEO at CorServ. “We are thrilled to provide a competitive and sophisticated commercial credit card program for Gorham Savings Bank customers.”

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Splitero launches Real Estate Brokerage https://fintecbuzz.com/splitero-launches-real-estate-brokerage/ Thu, 05 Oct 2023 15:30:01 +0000 https://fintecbuzz.com/?p=50695 Splitero Homes aims to help homeowners get the best outcome when they're ready to sell

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Splitero, the financial technology company that provides homeowners better options to access their home equity, announced the launch of its new real estate brokerage and affiliate company, Splitero Homes. As a home equity partner, Splitero has a vested interest in helping homeowners get the best outcome when they’re ready to sell.

“We are excited to continue our mission of helping homeowners with the launch of Splitero Homes,” said Michael Gifford, Co-Founder and CEO of Splitero. “We’re invested alongside our homeowners and want to help them sell for the highest price possible while making sure they are treated fairly throughout the complicated process.”

Splitero Homes is committed to providing homeowners with the best possible service and support. With decades of experience in the real estate industry, a team of experienced real estate professionals, and no commitment until you’re ready to sell, Splitero Homes’ mission is to help homeowners get the highest price for their homes.

“We understand that life changes and selling a home is a big decision. We want to be there for our homeowners and make the process as easy and stress-free as possible,” said David Zvaifler, Co-Founder of Splitero. “We are here to be your partner in home equity, and as your partner, when you win, we win.”

Splitero Homes is an affiliated company of Splitero and can help homeowners sell in CaliforniaColoradoOregon, and Washington.

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