More NewsUS Bank Expands Relationship with Tsys

US Bank Expands Relationship with Tsys

US Bank has signed a new long-term agreement with Tsys. As part of the agreement, Tsys will continue to support the bank’s commercial card payment services, as well as become its exclusive partner in providing card processing services for the bank’s consumer directed healthcare (CDH) benefit cards, issued by its healthcare payment solutions business line.

The CDH agreement will allow US Bank cardholders to eventually access multiple spending accounts, cash and lines of credit from a single card.

“Now, more than ever, consumers need to control and manage how their healthcare dollars are spent. We are confident that Tsys is the right choice for our business, as we continue to expand our suite of innovative, card-based healthcare payment options to those consumers,” said Ralph Bernstein, senior vice president of US Bank Healthcare Payment Solutions.

Terms of the multi-year agreement were not released.

Related Articles

Preparing for GDPR? Here’s four things to consider

More News Preparing for GDPR? Here’s four things to consider

2m Elliott Wiseman
Cash flow in focus for investors

Cash Management Cash flow in focus for investors

3m Conor Deegan
Treasury TV: Karen Pugsley, Domino's Pizza Group

More News Treasury TV: Karen Pugsley, Domino's Pizza Group

3m Victoria Beckett
Treasury TV: Yeng Butler compares US and European MMF reforms

Compliance Treasury TV: Yeng Butler compares US and European MMF reforms

3m Victoria Beckett
Treasury TV: Tim de Knegt, The Port of Rotterdam

10 Minutes With The Treasury Treasury TV: Tim de Knegt, The Port of Rotterdam

4m Victoria Beckett
Banks are selling clients short with short dated cash deposit U-turns

Banking Banks are selling clients short with short dated cash deposit U-turns

4m Victoria Beckett
What does sterling’s Brexit boost mean for UK manufacturers?

More News What does sterling’s Brexit boost mean for UK manufacturers?

4m Tasja Botha
FX for corporates: 5 best practices for treasurers

Economy FX for corporates: 5 best practices for treasurers

4m Mateo Graziosi