DUBLIN--(BUSINESS WIRE)--TSYS (NYSE: TSS) today announced that Allied Irish Bank (AIB) has extended its agreement with TSYS to continue processing the bank’s credit and debit card portfolios.
As the leading retail banking franchise in Ireland, AIB has strong customer relationships and deep roots within the Irish banking industry. All of these factors, along with its reputation for a customer first strategy, have positioned it for continued growth.
“TSYS and AIB have developed a valued and enduring relationship over the years,” said Rene Kruse, Senior Vice President and Managing Director of International Markets, TSYS. “We are excited to help AIB deliver on its strategic goals of providing innovative credit and debit card products to their customers now and in the future.”
“AIB and TSYS have forged a strong relationship through the years, making this an easy decision to continue our partnership,” said Orla McGovern, Head of Card Issuing, AIB. “Our ongoing partnership creates further opportunities to support continued growth and innovation across our card portfolios.”
Details of the long-term agreement were not disclosed.
About TSYS
TSYS® (NYSE: TSS) is a leading global payments provider, offering seamless, secure and innovative solutions across the payments spectrum — from issuer processing and merchant acquiring to prepaid program management. 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 headquarters are located in Columbus, Ga., U.S.A., with approximately 12,000 team members and local offices across 13 countries. TSYS generated revenue of $4.9 billion in 2017, while processing more than 27.8 billion transactions. We are a member of The Civic 50 and were named one of the 2018 World's Most Ethical Companies by Ethisphere magazine. TSYS is a member of the S&P 500 and routinely posts all important information on its website. For more, visit tsys.com.
About Allied Irish Bank
AIB is a financial services group operating predominantly in the Republic of Ireland. We provide a comprehensive range of services to retail, SME and corporate customers, and hold market-leading positions in key segments in the Republic of Ireland. AIB also operates in Great Britain as Allied Irish Banks (GB) and in Northern Ireland, under the trading name of First Trust Bank. AIB’s purpose is to back our customers to achieve their dreams and ambitions.
