Total System Services Inc. (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' industry leading 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.
Terms of the multi-year agreement were not released.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.