Global Payments announces renewing agreement with Barclays US Consumer Bank

By Pavithra R

Global Payments, a leading pure-play payments technology company delivering innovative software and services, has announced renewing its agreement with Barclays US Consumer Bank, a subsidiary of the UK-based worldwide financial services provider Barclays.

“We view this partnership as a vital part of our effort to drive digital enablement throughout our business. 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,” said  Danny Nealon, Chief Executive Officer, Barclays US Consumer Bank.

Through its TSYS Issuer Solutions segment, Global Payments will continue to provide a range of processing and support services for Barclays consumer and commercial credit card portfolios. Additionally, Barclays will also utilize TSYS Foresight Score, a fraud solution predicated on the use of adaptive machine learning to stay ahead of constantly changing fraud activity.

“Our partnership with Barclays is a testament to Global Payments’ market-leading digital technologies. 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,” said Gaylon Jowers, President, TSYS Issuer Solutions and Senior Executive Vice President, Global Payments.

Established since 1967, Global Payments is a provider of cutting-edge payments and software solutions to help businesses simplify commerce and cultivate their vision of success. The firm has created a differentiated model in the payments technology landscape, reinforcing its view that not all payments companies are created equal.