Global Payments added to Focus List, Total System removed at Citigroup Citigroup added Global Payments (GPN) to its Focus List in place of Total System (TSS) and keeps a Buy rating on both names. Citi said it has confidence in Global Payments' ability to expand its margins and increase shareholder returns. The firm has a $78 price target for Global Payments shares and a $38 price target for shares of Total System.
TSYS extends payments agreement with Banco INVEX TSYS announced that it has extended its payments agreement with Mexico’s Banco INVEX S.A. The multi-year agreement includes processing services for INVEX’s consumer and commercial credit card portfolios. As part of the agreement, TSYS will continue to provide INVEX with additional services such as data analytics, fraud prevention and risk management tools. Financial terms of the agreement were not disclosed.