WebBank announced today an agreement with American Express to become a card issuer and participant in the American Express network. The credit card network selected WebBank as one of its key issuing banks focused on the fintech industry.
Commenting on the news, WebBank’s officials stated that they are happy to have a strategic alliance with American Express that broadens the product offerings that they’re able to make available through their strategic partner platforms. Together they aim to create value for the fintech community.
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