Fiserv Processes First Card-Based Payment Transactions Under Special Bank Charter

pymnts.com/news/payment-methods/2025/fiserv-processes-first-card-based-payment-transactions-under-special-bank-charter

The Georgia Department of Banking and Finance said Wednesday (April 30) that Fiserv merchant acquirer limited purpose bank (MALPB) has become the nation’s first chartered MALPB to process card-based payment transactions.
The department said in a press release that the wholly owned…

This story appeared on pymnts.com, 2025-04-30 23:27:46.
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