Tsys has partnered with Serverside Group to launch Tsys Card Shop, a digital card fulfilment and marketing solution that combines ‘on-demand’ manufacturing processes with card management and customisation capabilities.
By enabling client financial institutions to design and manufacture cards on-demand, Tsys Card Shop removes the need to stock pre-manufactured cards in inventory – a requirement that increases risk, ties up capital and increases over-production, transportation, storage and inventory management costs. Through Tsys Card Shop, payments cards are only created when cardholders request them, regardless of batch size.
“Tsys Card Shop’s on-demand fulfilment capabilities, combined with its digital card management and design services, open up a whole range of operational efficiencies and new marketing opportunities for issuers,” said Rick St John, group executive for output services, Tsys. “Working with Serverside has enabled us to build a solution where even one card created for one consumer can be profitable.”
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.