BankPro picks Thredd to power card programmes

BankPro has partnered with card processing platform Thredd to launch a new suite of physical and virtual debit and credit card programs. For retailers and service providers, this signals a continuing trend of digital-first banks upgrading their infrastructure to offer more seamless payment experiences. The partnership uses AI-driven processing to handle transactions, which typically leads to faster approvals and better fraud detection for the end-user. While BankPro is a private digital bank, the underlying technology provided by Thredd is designed to make card issuing more flexible. This is important for operators who rely on high-functioning payment ecosystems to ensure customer transactions go through without friction. As these digital banks expand their footprint, merchants may see an influx of customers using these specific virtual cards for both one-time purchases and recurring financing payments. The focus here is on reliability and the global scalability of the payment method, ensuring that no matter where your customer is located, their digital card should function as intended at the point of sale.

Source: Finextra — Lending

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