Degussa Bank chose TSYS’ specialised TS2 commercial card platform and other card management tools. According to the bank, the key factors in outsourcing to TSYS included technology, delivery track record and the TSYS’ partnering approach. The conversion is planned for the first half of 2010 and will further expand TSYS’ presence within the German market.
Karl-Heinz Golder, head of product management cards for Degussa Bank, said: “TSYS has strong experience and deep expertise in commercial cards and is the right partner to provide the level of service our clients expect from us as we expand our market presence.”
Bob Evans, group executive of TSYS International, said: “Servicing Degussa Bank further enhances TSYS’ reputation within the German market. Germany is a key market for TSYS and provides a great foundation to further show TSYS’ commitment to Europe as we continue to expand across the region.”
