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News Breaks | | | | October 10, 2012 | | 09:02 EDT |  | TSS, BNS | TSYS signs international payments agreement with Scotiabank
TSYS (TSS) announced that it has signed a payments agreement with Scotiabank (BNS) to provide processing services for Scotiabank’s banking cards portfolio in Mexico. The agreement calls for Scotiabank to convert its consumer card portfolio in Mexico to TSYS’ TS2® platform. In addition to processing services, TSYS will also provide campaign and data management, and fraud and risk management tools as part of the agreement. | |
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News For TSS;BNS From The Last 14 Days Check below for free stories on TSS;BNS the last two weeks. |
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| May 22, 2013 | | 18:33 EDT | | TSS | NetSpend says Court denies plaintiff's motion for preliminary injunction
NetSpend Holdings (NTSP) announced that on May 21, the Court of Chancery of the State of Delaware issued a memorandum opinion in Koehler v. NetSpend Holdings et al. denying the plaintiff's motion for a preliminary injunction, which sought to enjoin a shareholder vote on the company's proposed merger with Total System Services (TSS), while finding that a reasonable likelihood exists that the sales process undertaken by the NetSpend Board of Directors was not designed to produce the best price for the stockholders. NetSpend believes that its Board of Directors acted appropriately and pursued a process intended to achieve the best price for the company and intends to continue to vigorously defend itself in the litigation. The Court's ruling will not affect the timing of the company's special meeting of stockholders, which will be held as scheduled on May 31. | | | May 21, 2013 | | 09:33 EDT |  | BNS | Bloomberg LINK to host a summit
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