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TNS Acquires Taiwan Manager to Lead Asian Expansion
|By Business Wire
|January 14, 2013 09:00 PM EST
Transaction Network Services (NYSE: TNS) has expanded its presence in
Asia with the opening of an office in Taiwan and the appointment of
David Chiang as Country Manager.
The office was opened after TNS had been granted a Type II Telecom
Business license by the National Communications Commission of Taiwan,
which enables it to provide international telecommunication and
transactional processing services in Taiwan. TNS is working with a
leading payments company in the region to migrate its business to a
fully managed PCI DSS compliant service, delivering significant
operational benefit and cost savings.
Mr Chiang, who speaks Mandarin, English, Taiwanese and French, will be
responsible for generating new sales leads in the Greater China region,
developing relationships with local banking and merchant organizations
and promoting TNS solutions in the Taiwan market. In addition, he will
lead the Taiwan office based in Taipei.
With more than 30 years of experience in the payments industry across
Taiwan, China and USA, Mr Chiang joins from Nexsys Corporation and has
previously held roles with companies including Chia Hsin RMC, ComLink,
E&M Technology and Kapiit Inc. He brings specialist knowledge and
expertise in retail credit card issuance, acquiring and processing, as
well as international trade finance. Mr Chiang will be assisted by James
Wu, who joins the company from Far East Tone Telecom.
John Banfield, Senior Vice President and General Manager of TNS’ Asia
Pacific Payments Division, said: “We are delighted to welcome David to
the team. His in-depth knowledge of the Asian marketplace, coupled with
experience gained at leading payments technology companies, makes him
well positioned to enhance our presence predominantly in Taiwan, but
also further into the Greater China region.”
Mr Chiang said: “There are many opportunities to promote TNS’ full suite
of payments solutions in the Greater China region. Having worked in the
industry for many years, I am delighted to join such a well-established,
prestigious company and I’m looking forward to exploring new
relationships in the region, as well as promoting the benefits of our
secure, resilient and cost effective services to the industry.”
Founded in 1990, TNS’ global expertise extends to more than 60 countries
across Europe, the Americas and the Asia Pacific regions. Through its
broader payment solutions offering, TNS now connects over a million
merchants and retailers to the world’s leading banks, acquirers and
processors, enabling secure, efficient and cost-effective delivery and
processing of payments.
For more information about TNS, please visit www.tnsi.com
About Transaction Network Services:
Transaction Network Services (TNS) is a leading global provider of data
communications and interoperability solutions.
TNS offers a broad range of networks and innovative value-added services
which enable transactions and the exchange of information in diverse
industries such as retail, banking, payment processing,
telecommunications and the financial markets.
Founded in 1990 in the United States, TNS has grown steadily and now
provides services in over 60 countries across the Americas, Europe and
the Asia Pacific region, with our reach extending to many more. TNS has
designed and implemented multiple data networks which support a variety
of widely accepted communications protocols and are designed to be
scalable and accessible by multiple methods.
For further information about TNS, visit www.tnsi.com.
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