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June 3, 2010

TSYS Migrates DnB NOR Bank MasterCard Portfolio

TSYS has completed the migration of Norway-based financial services group DnB NOR Bank's MasterCard portfolio. The bank chose TSYS' Prime card and merchant management solution to service 2.9 million portfolio of cards for its credit-card operator DnB NOR Kort.

By CBR Staff Writer

According to TSYS, Prime provides support for handling multiple issuers and acquirers on the same installation, support for multiple languages and currencies, and fully EMV-compliant issuing and acquiring for multiple payment schemes.

Prime will enable DnB NOR Kort to consolidate its issuance and management of different types of credit and payment cards, including prepaid and corporate cards, on a single platform.

TSYS provided DnB NOR Kort a migration plan for its 2.2 million MasterCard credit cards, following a phased migration of its American Express cards, from a variety of external legacy systems to a single in-house Prime solution.

TSYS assisted the bank with project design, planning methodology and systems integration, helping DnB NOR Kort achieve high-volume transaction processing. An additional 0.7 million cards, including DnB NOR Kort’s VISA cards, will be migrated to the Prime platform in the final phase of the migration.

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Bjorn Westby, CEO of DnB NOR Kort, said: “We chose TSYS because of its track record in delivering a cost-effective solution, combined with high performance, high quality, stability and security. The conversion of our portfolio to Prime is a fantastic milestone in the development of the credit card business in our bank, and we are extremely grateful to TSYS for its careful planning of a seamless migration.”

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