TSYS Celebrates 15-year Partnership With Commercial Bank of Africa

  TSYS Celebrates 15-year Partnership With Commercial Bank of Africa

    PRIME platform helps leading African client drive payments innovation

Business Wire

COLUMBUS, Ga. & NAIROBI, Kenya -- December 05, 2012

TSYS (NYSE: TSS) today announced the celebration of its 15-year partnership
with Kenya’s Commercial Bank of Africa (CBA), one of East Africa’s leading
banks.

CBA became a TSYS client in 1997 when it began using the PRIME card management
solution to manage issuing, acquiring, collections and rewards for its suite
of Visa™ products. Subsequently, it has also deployed TSYS’ fraud and ATM
network management solutions, as well as PRIME’s Instalments module in order
to be the first financial institution to deliver instalment programmes to the
Kenyan market. In 2012, CBA continues to use TSYS PRIME to drive payments
excellence on the continent with the recent launch of the first U.S.
dollar-denominated Visa credit cards in Africa and plans to pursue a
multi-country approach to issuing in Tanzania and Uganda in 2013, using the
PRIME platform.

Celebrating at an award ceremony, CBA chief executive officer Jeremy Ngunze
said, “We would like to thank TSYS for its first-class support during these
last 15 years and for the help it has given us in introducing our portfolio of
successful product offerings. Throughout, our relationship has been one of
partnership, and we are delighted to have chosen a people-centered company
with such a high regard for trust, integrity and business values.”

“TSYS is proud of its long association with CBA and congratulates it on the
commitment to innovation it has shown over the years,” said Jaffar
Agha-Jaffar, managing director, Middle East and Africa, TSYS. “We look forward
to further extending our strong partnership and help CBA continue to deliver
an exciting range of new products and services backed by our renowned support
and global expertise.”

TSYS has a global footprint spanning more than 130 clients in more than 70
countries and has an established presence in Africa, where it supports more
than a dozen banks from its offices in Cape Town and Johannesburg.

About TSYS

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, with unmatched
customer service and industry insight, TSYS is able to support financial
institutions, businesses and governments in more than 80 countries. Offering
merchant payment-acceptance solutions as well as services in credit, debit,
prepaid, mobile, chip, healthcare and more, we make it possible for those in
the global marketplace to conduct safe and secure electronic transactions with
trust and convenience.

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, and has been named one of the
2012 World's Most Ethical Companies by Ethisphere magazine. For more
information, please visit us at www.tsys.com.

About Commercial Bank of Africa

Commercial Bank of Africa Ltd (CBA) was founded in 1962 in Dar es Salaam,
Tanzania and immediately thereafter established branches in Nairobi and
Mombasa in Kenya, and in Kampala, Uganda. With the nationalisation of banks in
Tanzania, CBA was incorporated in Kenya in 1967 with headquarters in Nairobi.

Today, CBA is one of East Africa’s largest privately owned banks with assets
of more than USD$900m and 27 branches throughout Kenya and Tanzania.

Contact:

TSYS Investor Relations
Shawn Roberts
+1.706.644.6081
shawnroberts@tsys.com
or
TSYS Media Relations
Cyle Mims
+1.706.644.3110
cylemims@tsys.com
or
TSYS
Sara Ruffell
+357.22882600
sararuffell@tsys.com
or
Commercial Bank of Africa
Chris Pasha
+254 20 2884305
chris.pasha@cbagroup.com
 
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