Sunday Business Briefs: TSYS renews contract with Missouri-based Commerce Bank

March 2, 2014 

total systems

TSYS renews contract with Missouri-based Commerce Bank

TSYS said it has renewed its payments agreement with Missouri-based Commerce Bank.

The multi-year contract includes processing for Commerce's consumer, commercial and retail credit card portfolios, as well as its signature debit portfolio.

In addition, the agreement allows Columbus-based TSYS to provide PIN debit services to the bank's customers. TSYS also handles fraud prevention, risk management and full customer support.

Commerce Bank has been a TSYS client since the mid-1990s. It is a subsidiary of Commerce Bancshares, a $23.1 billion regional bankholding company.

The contract renewal follows the recent announcement by TSYS that it has increased its stake in Central Payment joint venture from 60 percent to 75 percent.

Financial terms of both the Commerce Bank and Central Payment agreements were not disclosed.


Aflac still among 'Most Admired'

Aflac has once again been recognized by Fortune magazine as one of the "World's Most Admired" companies.

This is the 13th time that Columbus-based Aflac has appeared on the list. Fortune and Hay Group, a global management consulting firm, survey top executives, directors and financial analysts to identify the companies that enjoy the strongest reputations within their industries and across industries.

Aflac ranked No. 1 in the Insurance Life and Health category for the second consecutive year. In addition, the supplemental health and life insurer took top honors in the innovation, long-term investment and global competitiveness sub categories within the industry.

goodwill industries

Local center chosen for jobs program

Goodwill Industries of the Southern Rivers is one of 10 Goodwill agencies across the country recently selected to pilot a new program called GoodProspects for Credentials to Careers.

Accenture, a global management consulting, technology services and outsourcing company, is partnering with the organization to help more job seekers gain the skills needed for college and career success.

Goodwill served more than 33,000 people and connected 4,606 people in West Georgia and East Alabama to jobs in 2013.

GoodProspects will offer career-readiness services such as resume refinement, job search assistance, soft skills workshops and access to technology. Online and on-the-ground skills training will be available through a variety of Goodwill education partners.

-- Tony Adams

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