TSYS (TSS) today announced that it has signed an agreement to process Metro Bank’s credit and debit card portfolios on TSYS’ TS2 processing platform, as well as provide Metro Bank fraud management services through TSYS Managed Services EMEA.
Metro Bank is the U.K.’s first new high street bank in more than 100 years. It offers personal, business and private banking, with a focus on providing customers with unparalleled levels of service and convenience.
Aisling Kane, chief operating officer of Metro Bank, commented: “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.”
“Metro Bank has a unique, customer-focused business that looks to reinvent the rules of banking,” said Gaylon Jowers, president of TSYS’ International Services segment. “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 U.K. payments market.”
Metro Bank has converted its existing credit card portfolios to TSYS, with TSYS providing a 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.