TSYS and First Hawaiian Bank Extend Payment Services Agreement
Columbus, Ga.–TSYS (NYSE: TSS) today announced that it has signed a long-term agreement with First Hawaiian Bank to provide issuer processing services for the bank’s consumer and commercial card portfolios. First Hawaiian Bank is Hawaii’s largest bank.
“We have trusted TSYS for more than 15 years to provide us with the right mix of products and services that has helped us grow and maintain healthy relationships with our customers,” said Chris Dods, executive vice president, First Hawaiian Bank. “We are excited to continue this relationship and look forward to the opportunity to expand our services even further with TSYS’ partnership.
“At TSYS, we place tremendous value in long-term commitments to clients like First Hawaiian,” said Bill Pruett, president of TSYS’ North America Services segment. “We look forward to continuing to provide them with innovative products and superior customer service to help provide the best experience for their cardholders.”
As part of the agreement, TSYS will continue to provide First Hawaiian Bank with additional services such as fraud prevention, risk management and customer support.
Financial terms of the long-term agreement were not disclosed.
About First Hawaiian Bank
First Hawaiian Bank (www.fhb.com), with $18.9 billion in total assets, was founded in 1858 and is Hawaii’s largest bank. It is a wholly owned subsidiary of BNP Paribas, a leading global financial services institution.
At TSYS® (NYSE: TSS), we believe payments should revolve around people, not the other way around. We call this belief People-Centered Payments®. By putting people at the center of every decision we make, TSYS supports financial institutions, businesses and governments in more than 80 countries. Through NetSpend®, A TSYS Company, we empower consumers with the convenience, security, and freedom to be self-banked. TSYS offers issuer services and merchant payment acceptance for credit, debit, prepaid, healthcare and business solutions.
TSYS’ headquarters are located in Columbus, Ga., U.S.A., with local offices spread across the Americas, EMEA and Asia-Pacific. TSYS is a member of The Civic 50 and was named one of the 2015 World’s Most Ethical Companies by Ethisphere magazine. TSYS routinely posts all important information on its website. For more, visit us at www.tsys.com.