TSYS (TSS) announced today that it has signed a long-term renewal of its payments services agreement with BBVA Compass to continue processing the bank’s consumer, commercial and small business credit card portfolios.
TSYS will also continue to provide additional services such as card and statement production, fraud and risk management, web and mobile service support, and other value-added services.
“We are very pleased to announce that we have agreed to extend our relationship with BBVA Compass, a valued TSYS client for more than 35 years,” said Pam Joseph, president and chief operating officer of TSYS. “As we have done for many years, we will work closely with the bank on its needs and continue to support future growth and innovation across all of its credit card portfolios.”
Financial terms of the long-term agreement were not disclosed.