Card issuing
News on card issuing: issuer processors, card programs and their bank partners.
Geotab Fleet Card runs on AtoB's embedded payments platform
AtoB says Geotab is the first fleet management platform to build its payments platform into its own software.
Cross River's $50M credit facility backs GoodLeap's card
One sponsor bank issues the card and lends to the fintech that funds it.
SoFi goes live with stablecoin settlement on Mastercard
SoFi Bank settles its debit and credit card program in SoFiUSD, its own bank-issued stablecoin.
Reap and Visa take stablecoin credit cards to 100+ markets
Payward-owned Reap will run stablecoin-funded Visa credit programs for fintechs well beyond Asia.
Marqeta and BVNK partner on stablecoin-backed cards
Marqeta will issue cards funded by stablecoin balances, with BVNK, now part of Mastercard, behind them.
Items cover issuer processors, card program launches and the banks and networks behind them, including stablecoin-backed cards and settlement, such as the reap visa stablecoin credit card programs, and sponsor banks that both issue a card and fund the lender behind it, as in the cross river goodleap credit facility, and cards built into vertical software, such as the geotab fleet card that runs on AtoB inside Geotab’s platform. Each links the company’s announcement or the network’s release. For background, read bin sponsorship, debit card issuing, virtual card issuance and how to choose an issuer processor, or compare card issuing platforms.
Questions
What is an issuer processor? The system that authorizes and records card transactions for an issuing bank’s program.
Where are card issuing providers listed? In the card issuing providers directory, with facts from each provider’s documentation.