CorServ’s direct issuing program enables our Client Banks to offer their own branded credit cards to businesses and consumers. In addition to credit card issuing technology, CorServ can provide credit policy, compliance, and disclosure templates.
Client Banks own the interchange, loan interest, and fee income with Network BIN ownership, risk, compliance, and servicing functions. Client Banks can customize card products, change underwriting rules, review/decision applications that do not reach an automated approval decision, and own program data in their direct issuing program.