US- based Northeast Bank has launched a new credit card programme for its business and commercial customers in partnership with Corserv.

Northeast Bank is a premier independent community bank with $770 million in assets.

Its National Lending group purchases and originates commercial loans on a nationwide basis, while the Community Banking group offers personal and business banking services via nine branches.

The bank selected the FinTech’s account issuer programme with the aim of expanding its range of credit card payment solutions for its business and commercial customers.

“CorServ’s commercial card programme equips us with compelling card options, a powerful self-service interface for company administrators to manage their cards, and personalised rebate options for businesses,” said Eva Rasmussen, chief strategy officer at Northeast Bank.

The programme includes an expanded range of capabilities for customers, including a greater choice of credit card products, customisable reports, virtual cards, spend controls, and expense reporting.

Anil Goyal, chief executive of CorServ, added: “We are thrilled to partner with Northeast Bank to contribute to their mission of building strong communities by providing their customers with the best solutions.”

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