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Fiserv and Central Payments Deliver Modern Issuing Capabilities to Fintechs and Financial Institutions


Fiserv, Inc., a leading global provider of payments and financial services technology solutions, and Central Payments L.L.C., a banking-as-a-service (BaaS) provider, are enabling fintechs, enterprise businesses and payment facilitators to bring financial products and services to market with greater speed and growth potential.

The combination of the Fiserv technology stack, including a real-time core, card processing, and issuance, with Central Payments’ award-winning Open*CP Fintech API Marketplace®, which includes program management and compliance oversight, enables fintechs and nearly any other business to create valuable products and services that more holistically meet the rising expectations of consumers and small businesses. For those with established card programs, this provides access to more comprehensive and regulated core banking and payment services.

As fintech offerings have grown more robust, so has consumer demand to access their money through digital experiences outside of traditional banking channels. In many cases, this means enabling non-chartered fintechs and other businesses to deliver financial services, such as debit cards, secure credit, stored value cards, unsecured credit and more. Fiserv and Central Payments bring together a BaaS platform, products and services, and access to a network of sponsor banks to support a wide spectrum of innovative use cases across retail and business.

“As fintechs and financial institutions work together to create compelling financial offerings, speed to market, a robust and flexible tech stack and streamlined operations are essential,” said Sunil Sachdev, head of Fintech and Growth at Fiserv. “Together, Fiserv and Central Payments can deliver these requirements without compromising compliance and risk controls needed to safeguard all parties.”