{"id":492062,"date":"2021-02-26T06:27:48","date_gmt":"2021-02-26T06:27:48","guid":{"rendered":"https:\/\/ibsintelligence.com\/?p=492062"},"modified":"2021-09-21T12:06:31","modified_gmt":"2021-09-21T12:06:31","slug":"treasury-prime-partners-with-marqeta-to-bring-modern-card-issuing-to-its-baas-platform","status":"publish","type":"ibsi_news","link":"https:\/\/ibsintelligence.com\/ibsi-news\/treasury-prime-partners-with-marqeta-to-bring-modern-card-issuing-to-its-baas-platform\/","title":{"rendered":"Treasury Prime partners with Marqeta to bring modern card issuing to its BaaS platform"},"content":{"rendered":"<p><a href=\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2020\/05\/Treasury-Prime.jpeg.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-156216\" src=\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2020\/05\/Treasury-Prime.jpeg.jpg\" alt=\"Treasury Prime partners with Marqeta to bring modern card issuing to its BaaS platform\" width=\"178\" height=\"178\" srcset=\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2020\/05\/Treasury-Prime.jpeg.jpg 300w, https:\/\/ibsintelligence.com\/wp-content\/uploads\/2020\/05\/Treasury-Prime.jpeg-150x150.jpg 150w, https:\/\/ibsintelligence.com\/wp-content\/uploads\/2020\/05\/Treasury-Prime.jpeg-100x100.jpg 100w, https:\/\/ibsintelligence.com\/wp-content\/uploads\/2020\/05\/Treasury-Prime.jpeg-60x60.jpg 60w, https:\/\/ibsintelligence.com\/wp-content\/uploads\/2020\/05\/Treasury-Prime.jpeg-90x90.jpg 90w\" sizes=\"auto, (max-width: 178px) 100vw, 178px\" \/><\/a><\/p>\n<p><span data-preserver-spaces=\"true\">California-based\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/treasuryprime.com\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span data-preserver-spaces=\"true\">Treasury Prime<\/span><\/a><span data-preserver-spaces=\"true\">, a provider of API platform for banks and FinTechs, has announced partnering with\u00a0<\/span><a class=\"editor-rtfLink\" href=\"http:\/\/www.marqeta.com\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span data-preserver-spaces=\"true\">Marqeta<\/span><\/a><span data-preserver-spaces=\"true\">, the global payment processing and cash issuing platform provider, to bring Marqeta&#8217;s modern card issuing capabilities to its Prime API.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Under the partnership, fintechs and other companies wanting to embed banking services can access both banking services and card issuing via a single API. The collaboration is live with LendingClub Bank, National Association and will be live in March with Piermont Bank.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">&#8220;This partnership is a perfect fit because Marqeta and Treasury Prime share a commitment to building modern financial infrastructure. We&#8217;ve seen fintechs face launch delays as a result of working with multiple technology vendors, and when you need to get to market fast, that can be an existential threat. By partnering with industry leaders like Marqeta, we become the one-stop-shop for all banking services, and fintechs don&#8217;t need to compromise on the breadth or quality of their embedded financial services,&#8221; said Chris Dean, CEO of Treasury Prime.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">With the integration of Marqeta into Treasury Prime&#8217;s API, customers can issue, activate, and manage the entire card lifecycle using the same API they use for all other banking service. Additionally, Treasury Prime provides program management services, including network agreements, fraud detection tools, BIN management, and custom card design, printing, packaging, and shipping services.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">&#8220;Marqeta delivers modern card issuing that empowers innovators to deliver game-changing financial products, and we see Treasury Prime as an important new channel partner, helping us further deepen our position in the modern banking stack. Treasury Prime shares our focus on creating great developer experiences, which massively simplify the process of building in banking and card products at scale,&#8221; said Salman Syed, SVP\/GM of North America at Marqeta.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Founded in 2017 by Chris Dean and Jim Brusstar, Treasury Prime is built with the mission to modernize the entire banking tech stack. The FinTech offers APIs that let both banks and their corporate customers automate their banking operations.<\/span><\/p>\n","protected":false},"author":14,"featured_media":141722,"parent":0,"template":"","categories":[11376,11379,11378,11371],"tags":[11868,12695],"class_list":["post-492062","ibsi_news","type-ibsi_news","status-publish","has-post-thumbnail","hentry","category-digital-banking","category-lending","category-open-banking","category-treasury-and-capital-markets","tag-america","tag-marqeta"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.9 (Yoast SEO v24.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Treasury Prime partners with Marqeta to bring modern card issuing to its BaaS platform<\/title>\n<meta name=\"description\" content=\"California-based\u00a0Treasury Prime has partnered with\u00a0Marqeta to bring Marqeta&#039;s modern card issuing capabilities to the Treasury Prime API.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ibsintelligence.com\/ibsi-news\/treasury-prime-partners-with-marqeta-to-bring-modern-card-issuing-to-its-baas-platform\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Treasury Prime partners with Marqeta to bring modern card issuing to its BaaS platform\" \/>\n<meta property=\"og:description\" content=\"IBS Intelligence (IBSi) is the world\u2019s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. 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