TSYS Signs Payments Agreement with Metro Bank
TSYS (NYSE: TSS) today announced that it has signed an agreement to process Metro Bank’s credit and debit card portfolios on TSYS’ TS2® processing platform, as well as provide Metro Bank fraud management services through TSYS Managed ServicesSM EMEA.
Metro Bank is the U.K.’s first new high street bank in more than 100 years. It offers personal, business and private banking, with a focus on providing customers with unparalleled levels of service and convenience.
Aisling Kane, chief operating officer of Metro Bank, commented: “We are delighted to partner with TSYS, whose flexible card-processing solution will help support our ongoing and rapid growth. We look forward to working with them going forward.”
“Metro Bank has a unique, customer-focused business that looks to reinvent the rules of banking,” said Gaylon Jowers, president of TSYS’ International Services segment. “At TSYS, we are constantly looking to change payments for the future, and working with forward-thinking banks like Metro Bank allows us to remain at the forefront of the U.K. payments market.”
Metro Bank has converted its existing credit card portfolios to TSYS, with TSYS providing a card-processing solution for its debit and credit cards, including fraud prevention and detection and the support of in-store instant issuance of cards and PINs.
About Metro Bank
Metro Bank operates retail hours, not banking hours. It is open seven days a week (8am - 8pm Monday to Friday, 8am - 6pm Saturday, 11am - 5pm Sunday and bank holidays), every day of the year apart from Easter Sunday, Christmas Day and New Year’s Day.
Metro Bank PLC. Registered in England and Wales. Company number: 6419578. Registered office: One Southampton Row, London, WC1B 5HA. ‘Metrobank’ is the registered trade mark of Metro Bank PLC.
We’re authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority. Most relevant deposits are protected by the Financial Services Compensation Scheme. For further information about the Scheme refer to the FSCS website www.fscs.org.uk.
All Metro Bank products are subject to status and approval.
Metro Bank PLC is an independent UK bank - it is not affiliated with any other bank or organisation (including the METRO newspaper or its publishers) anywhere in the world. Please refer to Metro Bank using the full name.
About TSYS
At TSYS® (NYSE: TSS), we believe payments should revolve around people, not the other way around. We call this belief People-Centered Payments®. By putting people at the center of every decision we make, TSYS supports financial institutions, businesses and governments in more than 80 countries. Through NetSpend®, A TSYS Company, we empower consumers with the convenience, security, and freedom to be self-banked. TSYS offers issuer services and merchant payment acceptance for credit, debit, prepaid, healthcare and business solutions.
TSYS’ headquarters are located in Columbus, Ga., U.S.A., with local offices spread across the Americas, EMEA and Asia-Pacific. TSYS is a member of The Civic 50 and was named one of the 2015 World's Most Ethical Companies by Ethisphere magazine. TSYS routinely posts all important information on its website. For more, please visit us at www.tsys.com.
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Contact information
TSYS Media Relations
Cyle Mims, +1-706-644-3110
cylemims@tsys.com
or
TSYS
Investor Relations
Shawn Roberts, +1-706-644-6081
shawnroberts@tsys.com
or
TSYS
International
Victoria Winn, +44.1904.562.577
victoriawinn@tsys.com
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