TSYS Card Tech signs DnB Nor to Prime

TSYS Card Tech signs DnB Nor to Prime

Norwegian banking group DnB Nor is implementing the Prime card and merchant management system from TSYS Card Tech at its credit card division.

The vendor says its technology will be rolled out at the DnB NOR Kort division to consolidate issuance and management of different types of credit and payment cards, including pre-paid, private-label and loyalty cards on a single platform.

The Prime platform was developed by London-based Card Tech, which was acquired by US e-payments processor TSYS last year. The software - which uses Oracle's Real-Time Application Clustering (RAC) to achieve secure, high-volume transaction processing - provides support for handling multiple issuers and acquirers on the same installation, says TSYS Card Tech.

The system also supports EMV-compliant issuing and acquiring for Visa, MasterCard and American Express requirements.

Says Bjørn Tore Westby, CEO, DnB NOR Kort: "With Prime, we can consolidate our different card management systems to one platform for our various brands."

The TSYS Card Tech deal follows news earlier this week that DnB NOR had signed a new IT outsourcing renewal contract, worth $81 million, with Computer Sciences Corporation.

In a separate move TSYS has appointed payments expert Ralf Mueller as director of business development for Central and Eastern Europe, based in Munich, Germany.

Mueller has previously served as director of cards and payments at Germany's HypoVereinsbank, where he was responsible for debit and credit operations, product launches and the coordination of card activities across an Eastern European network.

Most recently Mueller was in charge of national and international sales for EL-ME, a manufacturer of point-of-sale terminals.

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