![]() Prior to founding CardWorks, Don was a senior marketing executive with Eastern States Bankcard Association (1982-1986). Don has been instrumental in bringing major banking and non-banking firms into the credit card business, and an influential figure in the financial industry and its evolution over the past three decades. One of the earliest proponents of secured cards (the precursor to today’s non-prime card market), Don is widely known and respected in the consumer finance space, recognized as an industry expert in servicing, marketing, account management, co-branding, partnerships, affinity relationships, and M&A. In 1997, under Don’s leadership, CardWorks founded Merrick Bank, a Utah-based FDIC-insured industrial bank which has become a top-15 credit card issuer in the VISA®/Mastercard® networks market leader in the non-prime loan market for recreational RVs, boats, trailers, and off-road vehicles and top-15 merchant acquirer. (stepping aside as CEO in October 2021), the parent company of CardWorks Servicing, Merrick Bank, and Carson Smithfield.ĭon, as sole founder, has grown CardWorks (established in 1987) into the largest privately held provider of end-to-end operational servicing and support functions for credit card and installment loan products in North America. Berman is the Founder and Executive Chairman of CardWorks, Inc. Partner with us and see the possibilities.ĭonald M. The contributions of these companies combine to give CardWorks an impressive set of credentials, making CardWorks a company you can trust and rely on to help you achieve your financial goals. This is a platform for financial institutions to distribute recurring or one-time payments via electronic transactions (ACH or Biller Payments) or paper checks. Dataline supplements CardWorks’ offerings with the Payment Disbursement Services product.
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