22 January 2018
visit www.ebaday.com

First Hawaiian Bank extends TSYS payments processing contract

08 April 2004  |  572 views  |  0

TSYS and First Hawaiian Bank, Hawaii's largest bank, signed an exclusive five-year card processing agreement, thus extending their relationship until 2009. Under the terms of the agreement, TSYS continues to process First Hawaiian's credit, debit and commercial portfolios. In addition First Hawaiian will continue to utilize TSYS' subsidiary ProCard, which provides technology support and services for its commercial card accounts. First Hawaiian has been a TSYS client since 1998.

"The confidence First Hawaiian Bank continues to place in us as their strategic partner is very rewarding because we are genuinely interested in their success," said M. Troy Woods, TSYS president and chief operating officer. "First Hawaiian Bank has an excellent track record of satisfying its customers and meeting their needs with just the right products. We are delighted that we can provide a valuable service to them that allows them to strengthen their overall client relationships, and generate revenues for the banking operation."

"TSYS has best-in-class processing services, truly cares about our business and is a partner to our success," said Curt T. Otaguro, Senior Vice President. "We look forward to leveraging the strength of their technology, particularly in the area of commercial cards."

First Hawaiian is Hawaii's largest (and only locally-based) merchant processor, handling nearly $3 billion in transactions during 2003. The bank is also the largest issuer of both Visa(R) and MasterCard(R) products in Hawaii.

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.vasco.comvisit www.capgemini.comvisit www.thomsonreuters.info

Who is commenting?

Top topics

Most viewed Most shared
Europe begins Open Banking era in subdued styleEurope begins Open Banking era in subdued...
13313 views comments | 33 tweets | 38 linkedin
BofA leads on blockchain patentsBofA leads on blockchain patents
8499 views comments | 12 tweets | 12 linkedin
Standard Chartered establishes fintech innovation and investment unitStandard Chartered establishes fintech inn...
8406 views comments | 14 tweets | 14 linkedin
hands typing furiouslyFintech Adoption is About People, Not Tech
7375 views 1 | 7 tweets | 2 linkedin

Featured job

Competitive base + commission (double OTE)
London, UK

Find your next job