Toyota Finance has extended its agreement with Tsys to include prepaid payment and processing services. Toyota’s e-money product, Tressa Style Card Plus, is a reward card that can facilitate transactions as either prepaid or QUICPay contactless card payments.
“As the world’s third largest card market, Japan has pioneered the development of e-money products, often presenting some of the most innovative ideas in the industry,” said Gaylon Jowers, president of Tsys International. “Toyota Finance has been a marquee client since 2006, and we are honoured to extend our relationship to include processing services for its new prepaid product.”
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.