Irvine, Calif. (June 18, 2019) Commercial Bank of California (CBC), a BauerFinancial, Inc Five-Star Superior Bank, recently announced that it has partnered with Group ISO, Inc. to bolster its wholesale ISO program. In this partnership, CBC will sponsor Group ISO with credit card brands as the company grows its merchant base across the U.S.
“This is an exciting time at CBC. We are working to exponentially grow wholesale ISO partnerships this year,” said Shahzad Khan, EVP, Chief Growth and Strategy Officer of Commercial Bank of California. “Our goal is to become one of the largest BIN sponsorship programs in the nation to give our ISO clients the ability to go to market faster and offer innovative payment solutions.”
In this partnership, Group ISO, a merchant payment acquirer that offers debit card, credit card and check processing, mobile, POS, and EMV solutions, can now leverage CBC’s BIN sponsorship to take the offering to its national market. Over the last year, CBC has placed a significant focus on growing its partnerships with independent sales organizations (ISOs), and Group ISO bolsters this program.
“Our strategy for CBC is to vertically integrate into our client’s journey by being a thoughtful receptacle and supporting their growth initiatives,” said Khan. “Together with CBC’s vision and the incredible partnerships we are forming, we are able to bring a new level of innovation to the payments space.”
Group ISO has been providing merchants with electronic payment solutions for nearly two decades. Mike Segura, CEO and founder of Group ISO, has more than 30 years of experience in processing credit cards, e-commerce website payments, recurring billing, and level 2 and 3 payments. In a world of automation and artificial intelligence, Group ISO remains highly focused on innovative security in payment processing without compromising customer service.
About Commercial Bank of California
Commercial Bank of California is a privately held, full-service bank serving the business and professional communities of Los Angeles and Orange counties. Recognized as a BauerFinancial, Inc. “Five-Star Superior Bank” for its financial strength and stability, CBC provides the financial expertise of a major bank while maintaining a commitment to personalized service for every CBC client. More information about CBC’s custom solutions for your business is available at www.cbcal.com.
About Group ISO, Inc.
Group ISO is a merchant services provider founded in 2001 and is headquartered in Newport Beach, California. The company is a leading provider of integrated payments solutions and offers a complete line of POS/virtual terminals, online applications, cloud-based technology, and ACH services. Leveraging more than 30 years of processing industry experience, CEO and founder, Mike Segura, has developed a companywide customer-first philosophy, combined with cutting edge technology that enables Group ISO to provide several value-added services to their clients. Visit www.groupiso.com/ or call (800) 722-4476 for more information.