San Antonio (March 14, 2017)
—ICBA Bancard, the payments services subsidiary of the Independent Community Bankers of America (ICBA), announced today its partnership with linked2pay, the California-based creator of Bank Centric Payments. This award-winning, white label solution will allow community banks to help their small business customers manage cashflow and receivables.
“The single platform approach for the delivery of payment solutions is changing the way we all do business,” said ICBA Bancard President and CEO Tina Giorgio. “We see the linked2pay platform as an ideal opportunity to provide a broader range of solutions for the community banks we serve. Ultimately, it’s a solution that will help streamline their process, providing positive results for both the community bank and its customers.”
The Bank Centric Payments platform provides an easily deployed, risk-managed environment for the registration, underwriting and delivery of Automated Clearing House, remote deposit capture and card payment transactions through a cloud-based system. Through this alliance, ICBA members will gain access to a highly-scalable payments platform without the operational burdens and costs associated with building their own platform.
“We are excited that ICBA Bancard has selected our Bank Centric Payments as a preferred payments solution platform for its community bank clients,” said Jay McShirley, CEO and chairman of linked2pay. “We look forward to empowering community banks through the delivery of payments innovation and automation, and by doing so in a manner that enables them to compete and win in the payments solutions marketplace.”
For more information call (800) 242-4770.
About ICBA Bancard & TCM Bank. N.A.
ICBA Bancard® is the wholly owned payment services subsidiary of the Independent Community Bankers of America. ICBA Bancard’s community bank issuers generated $23 billion in sales volume in 2016 and are ranked collectively as the 25th largest credit card portfolio in the United States. Through ICBA Bancard, banks provide competitive payments solutions and ICBA Bancard provides exclusive services to issuers including its Fraud Loss Protection Plan, marketing support and product education. With nearly $300 million in assets, TCM Bank, N.A., a subsidiary of ICBA Bancard, provides credit card services for community banks including consulting, portfolio acquisition, product development and agent bank sponsorship. Through its Total Card Management® program, TCM helps banks promote their branded cards while limiting their exposure to risk and expense. For more information, visit www.icbabancard.org.
As the originator of Bank Centric Payments, linked2pay is dedicated to the development of solutions that securely enable all of our business partners to more easily manage their payments processing.