Salem, Oregon-based MaPS Credit Unit has established an agreement with Fidelity National Information Systems Inc. to
outsource its credit and debit card processing and utilize multiple services, including FIS’ new Portfolio Management Analysis.
According to an FIS press release, MaPS will leverage FIS Scorecard, a comprehensive loyalty and rewards program; Portfolio Management Analysis and several other services. PMA is a customized service that analyzes a financial institution’s credit portfolio, measures and evaluates the market and provides an individualized plan that will achieve the institution’s desired goals.
“We made the strategic decision to enhance and grow our credit card portfolio,” said Dan Penn, president of MaPS Credit Union.
Penn says the company’s existing internal credit card platform didn’t give it the flexibility needed to reach its goals. He says with FIS’ comprehensive offering of enhancement products and analysis services, the company now looks forward to exceeding its goals.
“As a full-service provider, we’re able to listen to the institution’s needs and put together the best package of products and services to meet its needs,” said James A. Susoreny, executive vice president of FIS Integrated Financial Services. “We are truly a technology partner instead of just a provider.”
Author: Silver Hogue
• Date: 08/29/2007