CorServ’s Direct Issuing solution enables banks to self-issue credit cards to their customers and fully own their issuing program.
Client banks have the flexibility and control to design their program while leveraging our CorServ’s capabilities and expertise. CorServ implements credit card issuing technology and program management with support on credit policy and compliance, making it easier for the bank to get started.
Client Banks own the interchange, loan interest, and fee income with Network BIN ownership, risk policies, compliance autonomy, and servicing functions. Client Banks can customize card products and retain full control over pricing, rewards, features, branding, and program rules for a unique-to-bank cardholder experience. Change underwriting rules, review/decision applications that do not reach an automated approval decision, and own program data in your direct issuing program.