Merchants and Planters Bank and MK Decision Partner to Offer Online Credit Card Apps to Their Customers

MK decision (MK), the leader in credit card loan origination, today announced its partnership with Bank of merchants and planters (M&P) to provide their customers with a simple digital credit card application process.

In January 2019, M&P, a $ 260 million community asset bank in Arkansas, participated in the The Independent Community Bankers of America® (ICBA) ThinkTECH Accelerator Powered by The Adventure Center in Little Rock, Arkansas. M&P was looking for a fintech partner to help its clients open accounts online. MK was one of eight companies hand-picked out of 190 applicants from over 40 countries to participate in the inaugural ICBA ThinkTECH Accelerator. The accelerator brought together community bankers and fintechs from across the country to solve the biggest technological challenges in banking.

“The ICBA ThinkTECH Accelerator program was designed for promising fintechs like MK who value and support the important work of community banks nationwide,” said ICBA Bancard President and CEO. Tina Giorgio noted. “MK’s success is a testament to the ingenuity and commitment of its founders to create bank-focused community solutions that deliver an enhanced customer experience. This is why ICBA Bancard has partnered with MK to provide their original credit card system.

“When we first met MK Decision, we knew the company would be a perfect fit for the ICBA ThinkTECH accelerator,” said Wayne miller, executive director of the Venture Center. “MK Decision understands the importance of strong relationships and, like community banks, excels at building them. We look forward to celebrating their continued success. “

After searching for a new partner for almost a year, M&P was impressed with MK’s mission to help community banks acquire more deposits and more loans. After meeting the CEO of MK, Har Rai Khalsa and COO, Guru Dharam Khalsa at the Accelerator, M&P has chosen to continue its digital transformation with MK as a partner.

“MK continued to impress M&P with its mobile-focused online applications and digital lending platform. This platform has enabled us to offer our customers a digital application that is quickly accessible, concise and easy to use. MK made the implementation process almost effortless, giving us exceptional service, quick turnaround times and attention to detail, ”notes Jim S. Gowen Jr., President and CEO of M&P.

The partnership between M&P and MK is a testament to the impact of the ICBA ThinkTECH accelerator. By connecting this dynamic duo, ICBA and The Venture Center have proven they have the power to create real relationships between community banks and fintechs.

About MK Decision

MK Decision’s mission is to help community financial institutions thrive by receiving more deposits and more loans. Committed to strengthening local economies, MK’s platform gives community financial institutions a competitive advantage through simple, beautiful customer experiences and streamlined banking workflows. The MK platform supports a variety of financial products, including checking and savings accounts, credit cards, and consumer, business, small business, and indirect loans. So far, MK helps more than 130 community banks to acquire customers online. The company was founded in 2015 by Har Rai, Guru Dharam, and Jodha Khalsa and is headquartered in San Diego, California. To learn more about MK, please visit

About the bank of traders and planters

Merchants and Planters Bank has been a community bank in Northeast Arkansas since 1946. It currently has twelve bank branches, as well as a trust and investment division and an insurance agency. M&P Community Bancshares, Inc. currently has assets in excess of $ 260 million and is the holding company of Merchants and Planters Bank and M&P Insurance and Investment Services, both based in Newport, AR. To learn more about Merchants and Planters Bank, please visit

About the ICBA bank card

ICBA Bancard® is the wholly owned payment services subsidiary of Independent Community Bankers of America. ICBA Bancard’s community bank issuers generated $ 31.6 billion in revenue in 2019 and collectively rank as the 24th largest credit card portfolio in the United States. ICBA Bancard enables thousands of community banks to provide competitive credit, debit, ATM and merchant processing solutions. The company also provides exclusive services to issuers, including its fraud protection plan, marketing support and product training. For more information visit

About the Venture Center

Venture Center’s immersive accelerator programs are designed to accelerate the growth of start-ups and help them validate their solutions to real-world problems. Our methodology provides a unique opportunity to connect with community bank leaders, receive seed money, and learn from a comprehensive program that will help strategically address marketing, business and financial challenges. For more information visit

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David A. Albanese

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