B2B Payments Innovator Expands White-Label E-Payments Services to Bank’s Corporate Customers
Bonita Springs, FL (August 29, 2017) − CSI globalVCard, a leading B2B payments company specializing in secure payments with rewards, today announced that it has expanded its relationship with Mutual of Omaha Bank to provide virtual credit card and e-payment services to the bank’s corporate clients.
The partnership involves CSI globalVCard integrating a white-labeled payments platform into Mutual of Omaha Bank’s website that allows the bank’s business clients to send automated, virtual payments to suppliers within seconds.
CSI globalVCard and Mutual of Omaha Bank have developed and implemented the capability to issue and process virtual card supplier payments on both the MasterCard and Visa networks. The arrangement also enables Mutual of Omaha Bank to offer CSI globalVCard paysystems integrated accounts payable (AP) technology and program management support to the bank’s corporate clients through direct referrals or via Mutual of Omaha Bank’s website.
“We are thrilled to work with Mutual of Omaha Bank as its trusted e-payments partner,” said David Disque, Managing Director, CSI globalVCard. “CSI globalVCard has a proven track record of increasing revenue for a bank’s customers through our payments technology. Mutual of Omaha Bank is an excellent fit because the bank works with many corporate and property management company customers.”
“We are pleased to offer our clients MutualPaySM Vendor Invoice Pay (VIP) through our partnership with CSI globalVCard,” said Matt Minchow, Chief Payments and Deposits Officer at Mutual of Omaha Bank. “Our corporate and property management company clients need solutions that reduce manual processes. This automated, end-to-end payment platform offers our clients those efficiencies, so they can focus on running and growing their business.”
CSI globalVCard leverages Mutual of Omaha Bank’s card-issuing capabilities and credit facilities and is further expanding integration through data exchange via API. Mutual of Omaha Bank’s proven processes allowed CSI globalVCard to quickly onboard its platform into the bank’s website.