TSYS

96 results about this entity

Period: 20 Jan 2005 - 22 Nov 2023

Tsys seizes control of First National Bank of Omaha joint venture

US payment processor Tsys has acquired the remaining 49% stake in First National Merchant Solutions, a joint venture created in association with First National Bank of Omaha just eight months ago.

RBS inundated with WorldPay offers

Royal Bank of Scotland has received over a dozen bids for its Global Merchant Services business, which includes WorldPay, with private equity groups, payment processors and IT vendors all in the frame.

Tsys enters merchant acquiring business with FNMS stake

Tsys is to spend $150.5 million to acquire a controlling interest in First National Merchant Solutions, which it will run in a joint venture partnership with First National Bank of Omaha.

Tsys to cut jobs as Q4 profit slides

Tsys says it will cut more jobs this year after reporting a 9.2% fall in net income for the fourth quarter as revenue from electronic payment processing services fell.

Tsys knocked by Bank of America/First Data joint venture plans

Payments processor Tsys says it stand to lose four per cent of its annual revenue as a result of plans by Bank of America to switch its 240,000 merchant relationships to a new joint venture company in partnership with First Data.

Travel Bank to issue first Visa pre-paid card in Japan

Japan's Travel Bank has partnered Tsys to launch a pre-paid Visa card designed as an alternative to paper travellers' cheques for people going overseas.

Tsys revises guidance as Q1 profit tumbles; offloads Debt Management arm

Payments processor Tsys has been forced to revise its full year guidance downwards after posting an 18% fall in net profit for the first quarter and warning of declining card transaction volumes during the recession.

Tsys loses WaMu deal as Chase brings processing in-house

JPMorgan Chase is bringing Washington Mutual's card processing in-house, terminating the distressed bank's current deal with Tsys.

China Postal Savings Bank signs credit card processing deal with CUP Data

China Postal Savings Bank has inked a multi-year credit card processing deal with China UnionPay Data Services (CUP Data).

Tsys opens new Japanese data centre

US-based payments processor Tsys has signed three new Japanese clients - AZ Card, OCS, and Nagasaki Kenmin Shinyo Kumiai - and opened a new data centre in Okinawa.

Finextra50 bounces back 2.5% led by Vasco, Tsys and Temenos

The Finextra50 Financial Technology Index closed last week higher at 84.06, and despite the decline in Europe's markets last week, it was the index's Indian fintech stocks that took the biggest beating, led by i-Flex, which fell 18.41%

TSYS to be spun off

US electronic payment processor TSYS is to spin off from its parent company, Georgia-based financial services house Synovus, and become fully independent.