SOURCE: BancVue

BancVue

September 07, 2010 09:00 ET

BancVue and TSYS Form Strategic Partnership to Serve Community Financial Institutions

Arrangement to Bring Industry-Leading Electronic Payments Platform to Marketplace

AUSTIN, TX--(Marketwire - September 7, 2010) - BancVue® Ltd, a product development and marketing company exclusively focused on supporting community financial institutions, today announced a strategic partnership with TSYS®, one of the world's largest companies for outsourced payment services.

With the agreement, BancVue will provide TSYS' electronic payment services to community financial institutions. BancVue will be announcing further details of product plans in the near future.

"We couldn't be more excited to bring TSYS' best-in-class card products to the community financial institutions marketplace," said Gabriel Krajicek, chief executive officer of BancVue. "This partnership will go a long way toward supporting our mission of bringing innovative and market-ready products that empower our clients to offer card products that are competitive with the megabanks."

TSYS employs the latest equipment and systems to provide production output for its clients in a variety of programs, including credit, debit, commercial, private-label, prepaid and loyalty. The Columbus, GA-based company's suite of outstanding products is expected to help community financial institutions maintain a vibrant, healthy economic outlook.

"We chose BancVue as a partner not only for of its history of innovation, but for the company's strong client relationships and experience as well," said Bill Hunt, group executive for TSYS Program Solutions. "The relationship is based on our two companies' common mission to deliver nothing but the best products and services to our clients."

About BancVue
BancVue is the leading provider of innovative products, marketing, and consulting solutions to community financial institutions nationwide. Serving nearly 700 community banks and credit unions around the country, BancVue's solutions allow these institutions to compete and win in the war against the megabanks and direct banks. Community financial institutions benefit from the development and implementation of BancVue products like Kasasa®, a national brand of superior products that gives community financial institutions marketing scale, and REALChecking®, a system of groundbreaking products, superior marketing, and data-driven consulting. For more information on BancVue, visit www.bancvue.com.

About TSYS
TSYS (NYSE: TSS) is one of the world's largest companies for outsourced payment services, offering a broad range of issuer- and acquirer-processing technologies that support consumer-finance, credit, debit, healthcare, loyalty and prepaid services for financial institutions and retail companies in the Americas, EMEA and Asia-Pacific regions. For more information, contact news@tsys.com or log on to www.tsys.com. TSYS routinely posts all important information on its website.

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