TSYS Renews Payments Agreement with Rabobank
October 27 2016 - 4:00AM
Business Wire
TSYS (NYSE: TSS) today announced that Rabobank has renewed its
payments agreement with TSYS to continue processing the bank’s
consumer card portfolio. TSYS will also provide additional services
such as fraud and risk management, as well as customer service
through TSYS Managed Services EMEA.
The Rabobank Group is one of the world’s leading, sound and
sustainable financial institutions. With roots in the Netherlands,
the Rabobank Group has grown into an international financial
services provider active in banking, asset management, leasing,
insurance and real estate. It has more than 24,000 employees and is
active in 40 countries.
“For more than a decade we’ve enjoyed a great relationship with
Rabobank, a key leader in the Dutch payments market,” said Rob
Hudson, group executive for TSYS International. “We’re excited to
continue providing them with innovative products and services that
enables them to offer a unique experience for their customers.”
“TSYS is a trusted partner to us,” said Mr. Erik Kwakkel, senior
vice president, of Rabobank. “Since 2005 TSYS have supported our
business and the unparalleled strength, stability and resiliency of
TSYS’ consumer card platform have been key elements in the results
we have seen within our growth and customer journey experience. We
count on them to help us better serve the evolving needs of our
customers.”
Details of the long-term agreement were not disclosed.
About TSYS
TSYS® (NYSE: TSS) unlocks opportunities in payments for payment
providers, businesses and consumers. Our headquarters are in
Columbus, Georgia, USA, and we operate in more than 80 countries
with local offices across the Americas, EMEA and Asia-Pacific.
We provide seamless, secure and innovative solutions across the
payments spectrum — from issuer processing and merchant acquiring
to prepaid program management — delivered through partnership and
expertise. We succeed because we put people, and their needs, at
the heart of every decision. It’s an approach we call
‘People-Centered Payments®’.
Our industry is changing every day — and we’re leading the way
toward the payments of tomorrow. We routinely post all important
information on our website. For more, visit us at tsys.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20161027005373/en/
TSYSMedia Relations:Cyle Mims,
+1-706-644-3110cylemims@tsys.comorInvestor Relations:Shawn Roberts,
+1-706-644-6081shawnroberts@tsys.com
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