Tradition Capital Bank joins CorServ to enhance Credit Card offering

By Gloria Mathias

CorServ, a company that empowers banks and fintechs with payment programs, has partnered with Tradition Capital Bank to launch an innovative credit card program for commercial, small business, nonprofit, and consumer clients.

Tradition Capital Bank, a $2.6 billion commercial-focused bank with a presence in Minneapolis and Scottsdale, was seeking a comprehensive credit card solution to complement its suite of banking services, which equip clients with new capabilities. Tradition Capital Bank was elevated to CorServ’s Account Issuer Program. It gained the unique opportunity to participate in credit decisions and provide its clients with virtual cards, ghost cards, comprehensive spend controls, and self-service administration.

“We believe that intentionally building relationships is key to understanding how to provide customised solutions that really work for our clients,” said Joe Bauer, President of Tradition Capital Bank. “By leveraging CorServ’s advanced technology and deep industry expertise, we can deepen our relationships and provide tailored and innovative card solutions that meet the diverse needs of our commercial, small business, nonprofit, and consumer clients.”

CorServ’s Account Issuer Program provides extensive capabilities, including better choices of credit card products, a powerful self-service interface for company administrators to manage their cards, insightful customisable reports, including Level 2 and 3 transaction data, and an expense reporting module. With more control over credit decisions, Tradition Capital Bank will leverage CorServ’s innovative solution to offer its clients a comprehensive credit card program that competes with large national issuers but with a local bank that they know.

“CorServ’s program gives all clients a modern approach to managing credit cards with more capabilities for a convenient and simple experience,” said Anil Goyal, CEO of CorServ. “We are thrilled to partner with Tradition Capital Bank and support their vision of delivering exceptional banking experiences to their clients.”