From Pymnts · PYMNTS · · 1m 10s
BankPro Partners with Thredd for Cards
BankPro uses Thredd's AI to power premium cards for high-net-worth clients.
In brief
BankPro uses Thredd's AI to power premium cards for high-net-worth clients. BankPro partners with Thredd to offer Visa Platinum and Infinite cards with real-time credit options via AI. Originally reported by Pymnts.
BankPro and Thredd Partner
BankPro teams with Thredd to power physical and virtual debit and credit card programs for international high-net-worth customers.
BankPro's COO on Partnership
Loizos Theofanous, BankPro's chief operating officer, said the partnership leverages Thredd's global platform for speed, control, and flexibility.
Thredd CEO on Client Expectations
Thredd CEO Jim McCarthy noted private banking clients expect the same immediacy and digital experience as top fintech products without security compromises.
AI Credit Benefits for Cardholders
Real-time data and tokenization allow issuers to offer flexible credit options, such as installment plans at point of sale.
Consumer Preferences for Repayment Plans
40% of millennials and 48% of Gen Z consumers would use cards more if they could choose repayment plans at point of sale.
Next Steps for AI Credit
Issuers must turn AI credit investments into options cardholders can understand, control, and use through transparent decisioning.
The takeaway
BankPro partners with Thredd to offer Visa Platinum and Infinite cards with real-time credit options via AI.
