News Feed Item
TSYS Signs Agreement with the Philippines’ Metrobank Card Corporation
|By Business Wire
|August 6, 2014 08:00 PM EDT
TSYS (NYSE: TSS) announced today that it has signed an agreement to
license its PRIME payment transaction processing platform to Metrobank
Card Corporation (MCC) in the Philippines. MCC is a strategic joint
venture between Metrobank and Australia New Zealand Bank and is one of
the largest issuers and acquirers in the Philippines’ market.
MCC will license PRIME 4, the latest version of the payment processing
platform, to manage its multi-payment card issuing and merchant
acquiring together with online authorization and switching on a single
platform. Value-added services for installments, credit, loyalty,
collections, dispute and chargeback management and acquirer fraud
monitoring will also be offered as part of PRIME 4’s integrated payment
“We chose TSYS after an in-depth analysis of global vendors and their
payment processing solutions. TSYS stood out for us, not simply as a
vendor — but as a provider who could support our future vision and
growth ambitions,” said Riko Abdurrahman, president, MCC. “With PRIME’s
inherent flexibility and user-empowerment capabilities including
Web-based services, high level of paramaterisation, a unique integration
layer and extensive APIs, we will be excellently positioned to
accelerate our speed-to-market in launching new card products and
creating greater customer value through flexible payment options and
innovative services for the Philippines’ market.”
MCC will deploy PRIME 4 to manage its growing credit and commercial card
portfolios and will leverage PRIME’s global expertise to bring to market
new and innovative payment products.
“Our migration expertise and feature-rich platform, combined with
best-of-breed fraud monitoring and value-added services, create a
compelling value proposition for MCC,” said Amit Sethi, Managing
Director, Asia, Middle East and Africa, TSYS International. “We are
delighted with the opportunity to work with MCC to further accelerate
the growth of the Philippines’ payments market and broaden access to a
wider range of card payment services for MCC customers.”
In 2013, TSYS celebrated its 30-year anniversary in the payments
industry. Its in-house, outsourced and hybrid payment solution offerings
have an established footprint across approximately 400 clients in 80
countries around the globe — spread across the Americas, EMEA and
Asia-Pacific. Its clients are supported by a dedicated team of more than
9,800 team members.
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
TSYS’ headquarters are located in Columbus, Georgia, with local offices
spread across the Americas, EMEA and Asia-Pacific. TSYS provides
services to more than half of the top 20 international banks, is a
member of the Civic 50 and was named one of the 2013 World's Most
Ethical Companies by Ethisphere magazine. TSYS routinely posts all
important information on its website. For more, please visit us at www.tsys.com.
About Metrobank Card Corporation
Metrobank Card Corporation (A Finance Company) [MCC] was established in
August 1985, known then as Unibancard Corporation. Its maiden product
was called Unicard, a single currency credit card accepted in key
establishments in the Philippines. Over the years, Unicard evolved from
a locally accepted card to an internationally recognized credit card
when it rode on the MasterCard scheme in 1994 and the Visa scheme in
In October 2003, Australia New Zealand Bank (ANZ) entered into a joint
venture with Metropolitan Bank and Trust Corporation (MBTC) for the
cards operation business of MCC. Since then, MCC has already tripled its
cardholder base, and has launched a string of new products that offer
distinct advantages to its customers, such as special installment plans,
unmatched perks and privileges, and invites to exclusive events.
The cloud competition for database hosts is fierce. How do you evaluate a cloud provider for your database platform?
In his session at 18th Cloud Expo, Chris Presley, a Solutions Architect at Pythian, gave users a checklist of considerations when choosing a provider.
Chris Presley is a Solutions Architect at Pythian. He loves order – making him a premier Microsoft SQL Server expert. Not only has he programmed and administered SQL Server, but he has also shared his expertise and passion with b...
Dec. 3, 2016 08:00 PM EST Reads: 3,944
In his session at 19th Cloud Expo, Claude Remillard, Principal Program Manager in Developer Division at Microsoft, contrasted how his team used config as code and immutable patterns for continuous delivery of microservices and apps to the cloud. He showed how the immutable patterns helps developers do away with most of the complexity of config as code-enabling scenarios such as rollback, zero downtime upgrades with far greater simplicity. He also demoed building immutable pipelines in the cloud ...
Dec. 3, 2016 08:00 PM EST Reads: 1,738
As data explodes in quantity, importance and from new sources, the need for managing and protecting data residing across physical, virtual, and cloud environments grow with it. Managing data includes protecting it, indexing and classifying it for true, long-term management, compliance and E-Discovery. Commvault can ensure this with a single pane of glass solution – whether in a private cloud, a Service Provider delivered public cloud or a hybrid cloud environment – across the heterogeneous enter...
Dec. 3, 2016 06:15 PM EST Reads: 1,506
"IoT is going to be a huge industry with a lot of value for end users, for industries, for consumers, for manufacturers. How can we use cloud to effectively manage IoT applications," stated Ian Khan, Innovation & Marketing Manager at Solgeniakhela, in this SYS-CON.tv interview at @ThingsExpo, held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 3, 2016 05:30 PM EST Reads: 4,036
Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more business becomes digital the more stakeholders are interested in this data including how it relates to business. Some of these people have never used a monitoring tool before. They have a question on their mind like “How is my application doing” but no id...
Dec. 3, 2016 05:15 PM EST Reads: 2,134
@GonzalezCarmen has been ranked the Number One Influencer and @ThingsExpo has been named the Number One Brand in the “M2M 2016: Top 100 Influencers and Brands” by Onalytica.
Onalytica analyzed tweets over the last 6 months mentioning the keywords M2M OR “Machine to Machine.” They then identified the top 100 most influential brands and individuals leading the discussion on Twitter.
Dec. 3, 2016 05:15 PM EST Reads: 1,996
In IT, we sometimes coin terms for things before we know exactly what they are and how they’ll be used. The resulting terms may capture a common set of aspirations and goals – as “cloud” did broadly for on-demand, self-service, and flexible computing. But such a term can also lump together diverse and even competing practices, technologies, and priorities to the point where important distinctions are glossed over and lost.
Dec. 3, 2016 04:30 PM EST Reads: 1,470
Predictive analytics tools monitor, report, and troubleshoot in order to make proactive decisions about the health, performance, and utilization of storage. Most enterprises combine cloud and on-premise storage, resulting in blended environments of physical, virtual, cloud, and other platforms, which justifies more sophisticated storage analytics.
In his session at 18th Cloud Expo, Peter McCallum, Vice President of Datacenter Solutions at FalconStor, discussed using predictive analytics to mon...
Dec. 3, 2016 04:00 PM EST Reads: 4,857
All clouds are not equal. To succeed in a DevOps context, organizations should plan to develop/deploy apps across a choice of on-premise and public clouds simultaneously depending on the business needs. This is where the concept of the Lean Cloud comes in - resting on the idea that you often need to relocate your app modules over their life cycles for both innovation and operational efficiency in the cloud.
In his session at @DevOpsSummit at19th Cloud Expo, Valentin (Val) Bercovici, CTO of Soli...
Dec. 3, 2016 03:30 PM EST Reads: 1,586
Information technology is an industry that has always experienced change, and the dramatic change sweeping across the industry today could not be truthfully described as the first time we've seen such widespread change impacting customer investments. However, the rate of the change, and the potential outcomes from today's digital transformation has the distinct potential to separate the industry into two camps: Organizations that see the change coming, embrace it, and successful leverage it; and...
Dec. 3, 2016 03:15 PM EST Reads: 3,220
Without a clear strategy for cost control and an architecture designed with cloud services in mind, costs and operational performance can quickly get out of control. To avoid multiple architectural redesigns requires extensive thought and planning. Boundary (now part of BMC) launched a new public-facing multi-tenant high resolution monitoring service on Amazon AWS two years ago, facing challenges and learning best practices in the early days of the new service.
In his session at 19th Cloud Exp...
Dec. 3, 2016 03:00 PM EST Reads: 469
The Internet of Things (IoT) promises to simplify and streamline our lives by automating routine tasks that distract us from our goals. This promise is based on the ubiquitous deployment of smart, connected devices that link everything from industrial control systems to automobiles to refrigerators. Unfortunately, comparatively few of the devices currently deployed have been developed with an eye toward security, and as the DDoS attacks of late October 2016 have demonstrated, this oversight can ...
Dec. 3, 2016 02:45 PM EST Reads: 693
Extracting business value from Internet of Things (IoT) data doesn’t happen overnight. There are several requirements that must be satisfied, including IoT device enablement, data analysis, real-time detection of complex events and automated orchestration of actions. Unfortunately, too many companies fall short in achieving their business goals by implementing incomplete solutions or not focusing on tangible use cases.
In his general session at @ThingsExpo, Dave McCarthy, Director of Products...
Dec. 3, 2016 02:45 PM EST Reads: 518
Regulatory requirements exist to promote the controlled sharing of information, while protecting the privacy and/or security of the information. Regulations for each type of information have their own set of rules, policies, and guidelines. Cloud Service Providers (CSP) are faced with increasing demand for services at decreasing prices. Demonstrating and maintaining compliance with regulations is a nontrivial task and doing so against numerous sets of regulatory requirements can be daunting task...
Dec. 3, 2016 02:45 PM EST Reads: 714
Fact: storage performance problems have only gotten more complicated, as applications not only have become largely virtualized, but also have moved to cloud-based infrastructures. Storage performance in virtualized environments isn’t just about IOPS anymore. Instead, you need to guarantee performance for individual VMs, helping applications maintain performance as the number of VMs continues to go up in real time.
In his session at Cloud Expo, Dhiraj Sehgal, Product and Marketing at Tintri, sha...
Dec. 3, 2016 02:45 PM EST Reads: 783