
White Paper
How Banks Win Corporate Payments Market Share
Summary
A partnership with CSI globalVCard provides banks with a distinct competitive advantage and the ability to capture market share in one of the most dynamic sectors within the world of financial services: corporate payments.
Whether through the software licensing of globalVCard’s platform (white-labeling) or a referral partnership, banks gain the ability to go to market quickly with a fully supported, end-to-end electronic payments program.
Market Need
While banks have mastered the traditional payment services that businesses need, i.e. checking accounts, ACH and wire transfers, as well as the issuance of corporate credit cards, these conventional offerings have remained largely unchanged for decades.
Lacking a focus on innovation, banks often do not have the ability to rapidly develop offerings built on more modern technology.
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"CSI has been a great partner. They understand the various card programs and how to make their payables program work for the benefit of our bank and our customers.”