TSYS Signs Payments Agreement with ibq
21 Februar 2017 - 06:00AM
Business Wire
TSYS expands footprint in Qatar; 6 of the Top 10 banks now
license PRIMESM
TSYS (NYSE: TSS) announced today that one of the oldest banks in
Qatar, International Bank of Qatar (ibq), has signed an agreement
to license TSYS’ future-focused PRIMESM payment solutions
platform.
ibq has selected PRIME to manage all of its Visa and MasterCard
credit and debit card issuing and ATM acquiring business as part of
a single-platform solution. ibq will benefit from PRIME’s
integrated capability for authorisation and switching, fraud
monitoring and risk management, disputes and chargeback handling,
and ATM management. ibq will further leverage PRIME’s unique
integration layer to enable greater interoperability with the
bank’s existing systems, allowing for operational and business
improvements, while empowering its certified developers to develop
against the integration layer whilst protecting their investment,
and the security and performance of the core PRIME platform.
“TSYS has an established footprint in Qatar and is the leading
partner of choice for licensed payment processing solutions,” said
Georges Hobeika, head of IT at ibq. “PRIME’s future proof
technology and architectural design allows for exceptional
integration opportunities with third-party systems and full user
empowerment and control to allow ibq to embrace innovation, without
compromising security.”
TSYS has approximately 400 clients across more than 80 countries
around the globe. Its PRIME licensing footprint extends across the
Middle East region, and is now licensed by 6 of the top 10 banks in
Qatar.
“We’re delighted to partner with ibq to further support the
growth of the bank’s services. TSYS’ PRIME solution fully supports
our people-centered payments approach to enabling businesses to
grow and offer more payment choice and options to their respective
markets,” said Rene Kruse, group executive and chief operating
officer, PRIME Business Solutions, TSYS International.
About International Bank of Qatar (ibq)
Founded in 1956, the International Bank of Qatar (ibq) is one of
the first financial institutions in the country and played a major
role in the economic growth of Qatar.
Headquartered in Doha, Qatar, ibq offers the full range of
corporate, private and retail banking solutions.
ibq’s corporate banking has longstanding relationships with
strong Qatari companies as well as international ones operating in
the country.
ibq’s private banking is marketing its wealth management
platform specially designed to enhance the products and service
offering to clients.
ibq’s retail banking is known for its innovative approach in
designing products, in particular on mortgage solutions and special
personal loans throughout the year.
ibq has received various international accolades which are
testaments to its position as one of Qatar’s leading banks. The
bank has received various awards for its Private Banking, Retail
Banking and Corporate Banking services from Euromoney, Arabian
Business, International Banker, International Finance Magazine,
Global Banking and Finance Review, The Banker Magazine and Banker
Middle East.
Additional can be found at: http://www.ibq.com.qa/
LinkedIn:
https://www.linkedin.com/company/international-bank-of-qatar-ibq-
Twitter: @IBQ
About TSYS
TSYS® (NYSE: TSS) unlocks opportunities in payments for payment
providers, businesses and consumers. Our headquarters are in
Columbus, Georgia, USA, and we operate in more than 80 countries
with local offices across the Americas, EMEA and Asia-Pacific.
We provide seamless, secure and innovative solutions across the
payments spectrum — from issuer processing and merchant acquiring
to prepaid program management — delivered through partnership and
expertise. We succeed because we put people, and their needs, at
the heart of every decision. It’s an approach we call
‘People-Centered Payments®’.
Our industry is changing every day — and we’re leading the way
toward the payments of tomorrow. We routinely post all important
information on our website. For more, visit us at tsys.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20170220005627/en/
TSYSMedia Relations:Cyle Mims,
+1-706-644-3110cylemims@tsys.comorInvestor Relations:Shawn Roberts,
+1-706-644-6081shawnroberts@tsys.comorTSYS InternationalSara
Ruffell, +357 22882600sararuffell@tsys.comorInternational Bank of
Qatar (ibq)Myriam Abou Haidar, +974 4447
3939mediaenquiries@ibq.com.qa
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