Newline's Card Issuing Sponsorship Program

Overview

This guide provides information on setting up and managing a Card Issuing Sponsorship Program with Newline. It covers the essential roles, responsibilities, and processes involved in the program.

What is Card Issuing Sponsorship?

Card Issuing Sponsorship allows Program Managers to access payment networks and banking infrastructure. Program Managers are responsible for product development, processing, distribution, sales, marketing, and customer service. The issuing bank oversees compliance with applicable laws and regulations, provides risk management oversight, technical and operational support, and handles settlement and reconciliation processes. (This list is not comprehensive.)

Roles and Responsibilities

Role	Description
Program Manager	Responsible for product development, processing, distribution, sales, marketing, and customer service. Manages customer service within the Card Issuing Program, with CSC as a point of contact specifically for MFT support.
Issuing Bank	Provides oversight for compliance with laws and regulations, provides risk management oversight, offers technical and operational support, and handles settlement with Card Networks.

Program Setup

Key Activity	Description
Initial Evaluation	Assess capabilities, information security, BSA/AML, OFAC compliance, regulatory compliance, and contract negotiations.
Ongoing Oversight	Provide ongoing oversight, as appropriate, to ensure adherence to bank standards.
Document Review	Outline duties and responsibilities for collecting and reviewing initial and ongoing documents.
Data Transmission	Request cardholder, business, beneficial owner, and transaction information for BSA/AML transaction monitoring, sanctions screening, and fraud investigations.