Global Payments Renews Agreement with Barclays US Consumer Bank
May 04 2021 - 7:00AM
Business Wire
Global Payments Inc. (NYSE: GPN), a leading worldwide provider
of payment technology and software solutions, today announced it
has renewed its agreement with Barclays US Consumer Bank, a
subsidiary of the UK-based worldwide financial services provider
Barclays.
Through its TSYS Issuer Solutions segment, Global Payments will
continue to provide a wide range of processing and support services
for Barclays consumer and commercial credit card portfolios.
Additionally, Barclays will also utilize TSYS Foresight Score, the
award-winning fraud solution predicated on the use of adaptive
machine learning to stay ahead of constantly changing fraud
activity.
“We view this partnership as a vital part of our effort to drive
digital enablement throughout our business,” said Danny Nealon,
Chief Executive Officer, Barclays US Consumer Bank. “Global
Payments’ commitment to innovation — coupled with our proven track
record of success — made this the right choice for our business as
we accelerate our efforts to provide innovative products and
services that our partners and customers have come to expect.”
“Our partnership with Barclays is a testament to Global
Payments’ market leading digital technologies,” said Gaylon Jowers,
President, TSYS Issuer Solutions and Senior Executive Vice
President, Global Payments. “As we advance our cutting-edge
solutions and expand our cloud-native technologies, we are
confident we will enable Barclays to deliver best-in-class customer
experiences with unparalleled levels of security and resiliency. We
look forward to providing Barclays with innovation that delivers
for many years to come.”
Terms of the long-term agreement were not disclosed.
About Global Payments
Global Payments Inc. (NYSE: GPN) is a leading pure play payments
technology company delivering innovative software and services to
our customers globally. Our technologies, services and employee
expertise enable us to provide a broad range of solutions that
allow our customers to operate their businesses more efficiently
across a variety of channels around the world.
Headquartered in Georgia with nearly 24,000 employees worldwide,
Global Payments is a member of the S&P 500 with worldwide reach
spanning over 100 countries throughout North America, Europe, Asia
Pacific and Latin America. For more information, visit
www.globalpayments.com and follow Global Payments on Twitter
(@globalpayinc), LinkedIn and Facebook.
About Barclays
Barclays US Consumer Bank is a leading co-branded credit card
issuer and financial services partner in the United States that
creates highly customized programs to drive customer loyalty and
engagement for some of the country's most successful travel,
entertainment, retail and affinity institutions. The bank offers
co-branded credit cards, small business credit cards, installment
loans, point-of-sale financing, online savings accounts, and CDs.
For more information, please visit www.BarclaysUS.com.
Barclays is a British universal bank. We are diversified by
business, by different types of customer and client, and geography.
Our businesses include consumer banking and payments operations
around the world, as well as a top-tier, full service, global
corporate and investment bank, all of which are supported by our
service company which provides technology, operations and
functional services across the Group. Barclays offers investment
banking products and services in the US through Barclays Capital
Inc. For further information about Barclays, please visit
home.barclays.
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version on businesswire.com: https://www.businesswire.com/news/home/20210504005211/en/
Investor Contact: Winnie Smith 770.829.8478 investor.relations@globalpay.com Media Contact:
Emily Edmonds 770.829.8755 media.relations@globalpay.com
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