BancVue Getting Into Card Processing
BancVue, a product development and marketing firm dedicated to helping CUs compete with large banks, has announced a deal with card processing giant TSYS.
The arrangement will allow BancVue to offer TSYS card processing to its client CUs, the companies said.
"We couldn't be more excited to bring TSYS' best-in-class card products to the community financial institutions marketplace," said Gabriel Krajicek, CEO of BancVue. "This partnership will go a long way toward supporting our mission of bringing innovative and market-ready products that empower our clients to offer card products that are competitive with the megabanks."
TSYS supports a variety of card programs, including credit, debit, commercial, private-label, prepaid and loyalty or rewards programs.
"We chose BancVue as a partner not only for its history of innovation, but for the company's strong client relationships and experience as well," said Bill Hunt, group executive for TSYS Program Solutions. "The relationship is based on our two companies' common mission to deliver nothing but the best products and services to our clients."