TSYS, a US-based credit card processor, has inked an agreement to process Metro Bank’s credit and debit card portfolios on TSYS’ TS2 processing platform.
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Under the agreement, TSYS will also provide Metro Bank fraud management services via TSYS Managed Services EMEA.
Metro Bank has switched its existing credit card portfolios to TSYS, with TSYS offering 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.
Metro Bank COO Aisling Kane said: "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."
TSYS president of International Services segment Gaylon Jowers said: "Metro Bank has a unique, customer-focused business that looks to reinvent the rules of banking.
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By GlobalData"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 UK payments market."
