We’ve partnered with the First National Bank of Omaha (FNBO) to expand our ecosystem of credit providers, empowering our customers to develop the next generation of credit cards. We’re excited to enable our customers to launch flexible and innovative credit programs on our modern card issuing platform.
This year, banks have issued 42% more credit cards to consumers in the first six months of 2021 compared to 2020 according to credit-reporting firm Equifax, Inc. With consumer demand growing, credit card providers are looking for modern and agile platforms to help deliver the digital card experiences consumers are looking for.
“FNBO is constantly seeking out new technology and product offerings to ensure the financial well-being of our customers while maintaining the impeccable level of service that’s been a defining characteristic of our company for more than 160 years,” said Jerry J. O’Flanagan, Executive Vice President, Partner Customer Segment, FNBO. “This partnership with Marqeta will allow us to continue to modernize our credit offering and meet the demand for a more flexible, digitally-native experience. We’re proud to be on the leading edge of banking-as-a-service and look forward to expanding our offerings with Marqeta.”
Our partnership with FNBO will help make it possible for innovative companies to launch credit cards quickly and seamlessly using our open APIs, and embed that card experience within their app ecosystem. We’re combining FNBO’s decades of deep experience in credit card programs with the flexibility and control of our modern card issuing platform.
Learn more about Marqeta’s credit card issuing platform here: https://www.marqeta.com/platform/credit