COLUMBUS, Ga., U.S., and BARNEVELD, Netherlands– September 25, 2015 — TSYS (NYSE: TSS) today announced that it has extended its payments agreement with ING Bank N.V. for their commercial card portfolio. TSYS has been supporting ING Bank N.V. since 2009 with the TS2® processing platform, as well as providing additional services.
ING is a global financial institution with a strong European base, offering banking services through its operating company ING Bank. Through the TSYS platform ING delivers commercial cards into 14 European countries.
“The commercial payments space is an important sector for TSYS, as companies continue to look to work across different countries and need a solution to support their growth,” said Gaylon Jowers, president of TSYS International. “Working with companies like ING Bank N.V. enables us to develop our value proposition in working with key players across Europe and supporting them in their commercial payments offerings to clients.”
TSYS will continue to provide ING Bank N.V. with commercial card processing services and related services such as fraud management and 24×7 client services.
At TSYS® (NYSE: TSS), we believe payments should revolve around people, not the other way around. We call this belief People-Centered Payments®. By putting people at the center of every decision we make, TSYS supports financial institutions, businesses and governments in more than 80 countries. Through NetSpend®, A TSYS Company, we empower consumers with the convenience, security, and freedom to be self-banked. TSYS offers issuer services and merchant payment acceptance for credit, debit, prepaid, healthcare and business solutions.
TSYS’ headquarters are located in Columbus, Ga., U.S.A., with local offices spread across the Americas, EMEA and Asia-Pacific. TSYS is a member of The Civic 50 and was named one of the 2015 World’s Most Ethical Companies by Ethisphere magazine. TSYS routinely posts all important information on its website. For more, visit us at www.tsys.com.
ING is a global financial institution with a strong European base, offering banking services through its operating company ING Bank and holding a significant stake in the listed insurer NN Group NV. The purpose of ING Bank is empowering people to stay a step ahead in life and in business. ING Bank’s more than 52,000 employees offer retail and commercial banking services to customers in over 40 countries.
ING Group shares are listed (in the form of depositary receipts) on the exchanges of Amsterdam (INGA NA, ING.AS), Brussels and on the New York Stock Exchange (ADRs: ING US, ING.N).
Sustainability forms an integral part of ING’s corporate strategy, which is evidenced by ING Group shares being included in the FTSE4Good index and in the Dow Jones Sustainability Index (Europe and World) where ING is the industry leader in the diversified financials group.