Vervent and CoreCard partner to enhance credit card processing

By Pavithra R

Vervent, one of the pre-eminent Lending as a Service (LaaS) companies, in an effort to enhance credit card servicing solutions has announced entering into a partnership with CoreCard, a provider of card management systems and boutique processing services, to expand their payment processing offerings.

The partnership will add a new, innovative payment platform with modern technology to Vervent’s arsenal to enable more flexibility and get client card programs live more quickly.

”Vervent’s industry leading servicing solutions are the perfect complement to our core processing service offerings for innovative card programs. We’re very excited about the partnership and we believe this will give our clients a streamlined experience not only for their card programs, but also for their cardholders,” said Mark Raleigh, Chief Operating Officer at CoreCard.

CoreCard, a subsidiary of Intelligent Systems Corporation, is a leading international provider of innovative prepaid and credit technology solutions and processing services to the financial technology and services market. It offers an array of account management solutions to support the complex requirements of the evolving global financial services industry.

“We’re excited to add CoreCard as one of our industry leading partners and believe this partnership will enhance our ability to offer more flexible, faster-to-market card program solutions for our clients,” said Lou Geibel, EVP, Sales.

Vervent sets the global standard for outperformance by delivering superior expertise, future-built technology, and meaningful services. It empowers companies to accelerate business, drive compliance, and maximize service.