BancVue Ltd., an Austin, Texas-based product-development and marketing company focused on community banks and credit unions, on Sept. 7 announced a strategic partnership in which it will provide Total System Services Inc.’s electronic payments services to community financial institutions.

“This partnership will go a long way toward supporting our mission of bringing innovative and market-ready products that empower our clients to offer card products that are competitive with the megabanks,” Gabriel Krajicek, BancVue CEO, stated in a news release.

The company last week announced the purchase of the Silverton Bank credit card portfolio from the Federal Deposit Insurance Corp. and indicated then that it soon will announce a full-service offering for community financial institutions that want to run their own card programs as direct issuers (see story). 

Subscribe Now

Authoritative analysis and perspective for every segment of the payments industry

14-Day Free Trial

Authoritative analysis and perspective for every segment of the industry