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Total System Services, Inc. provides electronic payment processing services to banks and other financial institutions. It operates through the following segments: Issuer Solutions, Merchant Solutions and Consumer Solutions. Read More The Issuer Solutions segment offers account processing and output services for printing and embossing items, as well as processing the card application, initiating service for the cardholder, processing each card transaction for the issuing retailer or financial institution, and accumulating the account's transactions. The Merchant Solutions segment provides merchant services and related services to clients based primarily in the United States such as processing services, acquiring solutions, related systems and integrated support services to merchant acquirers and merchants. The Consumer Solutions segment includes payroll cards and convenience checks and is designed to allow employers to comply with applicable state wage and hour laws. The company was founded in 1983 and is headquartered in Columbus, GA.
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Yahoo FinanceMay 24
Why Aphria, Hibbett Sports, and Total System Services Jumped Today
The stock market regained some lost ground on Friday, posting modest gains as investors tried to look at the bright side of contentious issues like trade with China and the possibility of economic slowdowns across the globe.
Seeking AlphaMay 24
Global Payments nears deal to buy Total System for ~$20B in stock - Reuters
Total System Services (NYSE:TSS) rises 14% and Global Payments (NYSE:GPN) gains 3.6% in late trading. A Reuters report provides timing and rough price, citing a source familiar with the matter. Could be announced as early as Tuesday. Earlier, Bloomberg had reported that the two companies had held preliminary talks on a potential transaction that could resulted in a joint venture or other ways to cooperate. If completed, the combination of Total System Services would be the third big payment-services mer...
Yahoo FinanceMay 24
Global Payments near deal to acquire Total System Services: Sources
Payment technology company Global Payments is nearing a deal to acquire peer Total System Services for about $20 billion, people familiar with the matter tell CNBC. The deal would mark the latest in a flurry of activity in the payment technology space.
Expected Jul 23, After Hours