Funds credit score union service group (CUSO) Velera has turned to Arroweye Options for its twin interface debit and bank card portfolio.
The multi-year partnership will present quicker velocity to market and alter orders, in addition to zero stock to keep away from having to handle shops of pre-printed playing cards.
Headquartered in Nevada, Arroweye made its Finovate debut at FinovateSpring 2011.
Funds credit score union service group (CUSO) Velera has partnered with Arroweye Options to supply card manufacturing, personalization, and success for Velera’s twin interface debit and bank card portfolio.
The multi-year partnership introduced this week will allow Arroweye to supply Velera and its monetary establishment companions with a wide range of advantages for his or her card applications. These embrace quick velocity to market and alter orders; dynamic card personalization; zero stock as playing cards are manufactured, customized, and fulfilled as wanted; high quality supplies, vertical or horizontal orientation, and different choices.
“Supporting Velera’s card diversification technique, Arroweye’s capabilities will assist Velera improve time to market and ship a extra seamless, frictionless card personalization expertise to our monetary establishments’ shoppers,” Velera SVP for Product Enablement & Development, Cody Banks mentioned. “We view Arroweye as a real monetary companies accomplice and sit up for integrating their suite of capabilities into our core providing.”
Arroweye CEO Dan Oswald praised Velera as a “premier fintech options supplier for credit score unions in North America.” Oswald added, “Arroweye’s options and capabilities align completely with Velera’s card issuance wants as we speak and into the longer term, and we sit up for offering Arroweye’s best-in-class companies to their monetary establishments.”
Created through a merger between PSCU and Co-op Options earlier this yr, Velera is each a premier funds credit score union service group (CUSO) and an built-in fintech options supplier. Velera serves greater than 4,000 monetary establishments all through North America, providing a product portfolio that options options for cost processing, fraud and threat administration, knowledge and analytics, digital banking, on the spot funds, strategic consulting, ATM and POS networks, and extra. Charles E. Fagan III is President and CEO.
Based in 2000, Arroweye Options made its Finovate debut at FinovateSpring 2011. Within the years since, the Henderson, Nevada-based firm has grown into a number one card supply agency, providing EMV, dual-interface, and magnetic stripe playing cards authorized by Visa, Mastercard, American Categorical, Uncover, and UnionPay.
This yr, Arroweye has fashioned partnerships with small enterprise monetary companies platform Affinity Finance {and professional} banking companies supplier BankPro, a subsidiary of FxPro Group. The corporate has raised greater than $76 million in funding in response to Crunchbase, and contains Multiplier Capital and Landa Ventures amongst its traders.
Picture by Pixabay
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