Friday, July 3, 2009

When your provider becomes your competitor...

Gaining a competitive advantage is tough enough without having your provider in a joint venture with your competitor. It came as a surprise when I read this announcement:
First Data (Money Network) and Bank of America created a joint venture to market credit, debit and prepaid cards as well as merchant loyalty, check and eCommerce payment processing to small business, commercial and corporate clients worldwide.
What does this signal to the Regional and Community banks?
Call Directo to find out how we support our bank clients and their paycard needs.

Jim McCarthy
770.810.6502

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