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October 31, 2016

TSYS, Rabobank renew payments deal

Payment solutions provider TSYS and Rabobank, a Dutch banking and financial services company, have renewed their payments agreement.

By Verdict Staff

Payment solutions provider TSYS and Rabobank, a Dutch banking and financial services company, have renewed their payments agreement.

As per the renewed agreement, TSYS will continue to process the bank’s consumer card portfolio.

TSYS will also offer additional services including fraud and risk management, as well as customer service through its Managed Services EMEA.

TSYS International group executive Rob Hudson: “For more than a decade we’ve enjoyed a great relationship with Rabobank, a key leader in the Dutch payments market.

“We’re excited to continue providing them with innovative products and services that enables them to offer a unique experience for their customers.”

Rabobank senior vice president Erik Kwakkel said: “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."

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