TSYS has entered into a long-term agreement with
BancorpSouth.
TSYS will process the bank’s debit, consumer,
and commercial credit card portfolios.
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Mississippi-headquartered retail bank,
BancorpSouth provides traditional retail banking services along
with credit, mortgage, investment, insurance, trust and fiduciary
services.
“We look forward to working with TSYS’
industry-leading payment solutions and resources to manage and grow
our debit and credit card portfolios,” said Michael Lindsey,
BancorpSouth senior vice president of retail banking. “Their focus
on client relationship management and customer service parallels
that of BancorpSouth.”
TSYS’ role will also include support card and
statement production, as well as fraud prevention services.
BancorpSouth – which has 286 locations
primarily in the southern United States – expects the conversion to
be completed in the first quarter of 2012.
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