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Visa (NYSE: V) and Advanzia Bank are proud to announce their new partnership, strengthening Visa's issuer network and underlining Advanzia's ambition to expand its credit card offering.
In the scope of the ongoing migration of the Catella bank card portfolio that Advanzia acquired earlier this year, the Visa card portfolio will be integrated into Advanzia's professional card services platform, a servicing solution for financial institutions and private banks.
Roland Ludwig, Advanzia's Chief Executive Officer, comments: "This partnership with Visa represents a new strategic direction for Advanzia. The addition of Visa cards to our portfolio ensures that Advanzia continues to offer our partner banks the broadest possible product range in this market...
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