From the Field: Sourcing Best Practices for Credit Card Issuers
First Annapolis enjoys a unique position in the market, advising many of the largest credit card issuers, community financial institutions and retailers on strategic sourcing initiatives. These engagements have yielded rich insights that can guide credit card issuers as they assess current and future card processing and servicing relationships.
The current market environment requires card issuers of all sizes to optimize available program delivery (i.e., in-house and/or third party providers) and participation economics. Issuers should use all tools at their disposal to execute on their respective sourcing strategies and initiatives.
Source: First Annapolis Consulting research and analysis.
For more information, please contact Scott Reaser, Principal specializing in Strategic Sourcing and Deposit Access, firstname.lastname@example.org.
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