Torpago and Marqeta announced the launch of Sunwest Visionary Card, Sunwest's commercial credit card and expense management solution. Combining a cloud-native, event-driven infrastructure with Marqeta's modern card issuing API, Torpago ?Powered By' empowers Sunwest to launch a market-leading, bank-branded credit card program. Community banks are financial pillars to their surrounding communities, providing critical financial services to their customers.

In the U.S. alone there are nearly 4,500 community banks, representing approximately 97% of all banks in the country. These banks are committed to their customer bases, working to support the growth and financial health of local businesses and neighborhoods. A recent Torpago survey of community banks in the U.S. found that 93.2% recognize the significance of delivering customer experiences, with a focus on digital and mobile banking.

Sunwest views modernization with Torpago as a growth engine. Offering market-leading products under the Sunwest brand allows Sunwest to deepen existing customer relationships and attract new business. Torpago provides a bank-branded, low-code/no-code technology platform.

The platform provides end-to-end infrastructure including loan origination and underwriting, card issuing and fulfillment, fraud monitoring, web and mobile apps, expense management tools, third-party integrations, and account servicing software. Torpago also manages services such as compliance, cardholder support and collections. Torpago's card issuing, spend controls and card fulfillment are made available via Marqeta APIs.

Sunwest is responsible for customer acquisition and leverages its own balance sheet.