TSYS launches credit card program for regional and community banks
TSYS has launched a new division to provide turnkey credit card programs for regional and community banks and credit unions.
TSYS®, a leading global payment solutions provider, and NetSpend, a leading provider of general purpose reloadable prepaid debit cards and related financial services to underbanked consumers in the United States, today announced that they have entered into a definitive agreement pursuant to which TSYS will acquire NetSpend in an all cash transaction valued at approximately $1.4 billion.