LoanPro and Visa DPS unite to transform credit card programs

LoanPro has announced a direct integration with Visa DPS, aiming to revolutionize the card industry by offering a unified platform for launching innovative and customizable credit card programs. This collaboration promises unprecedented flexibility and configurability for card issuers, brands, financial institutions, and fintechs.

By leveraging LoanPro's API-first platform, users can connect to any issuer, underwriting tool, and decisioning engine, streamlining operations from account opening to servicing and collections. Key features include real-time ledger tracking, compliance with regulations like the CARD Act, automated servicing, payment flexibility, and hardship programs.

LoanPro's board member and former CEO of Visa U.S.A., Carl Pascarella, highlighted the platform's capabilities in configurability, scalability, and compliance, which position LoanPro to serve all market segments and expand credit availability across the country.

Source: LoanPro