Fiserv Partners with Central Payments to Deliver BaaS Issuing for Fintechs

Fiserv announced a partnership with Central Payments to deliver issuing capabilities and a BaaS platform to fintechs and financial institutions. Central Payments, a division of Central Bank of Kansas City, brings its sponsor bank relationships and issuing expertise to the collaboration. Through the partnership, fintechs gain streamlined access to sponsor banks and card issuing infrastructure, reducing the complexity of launching financial products.

Fiserv contributes its technology platform and processing capabilities. The arrangement is designed to help fintechs and financial institutions bring payment and card programs to market more quickly. No specific financial terms were disclosed.

The partnership reflects continued demand for turnkey BaaS solutions that bundle technology, compliance, and banking infrastructure. It positions both companies to capture growing fintech demand for embedded card and payment programs.