Mentioned Companies:

Global Payments Gets Truist Credit Card Processing

The Total System Services (Tsys) business unit of Global Payments will handle credit card account processing services for Truist, the bank holding company formed by the 2019 merger of BB&T and SunTrust. Outstanding credit card receivables at Truist exceeded $5.64 billion at year-end 2019. The Truist Visa/Mastercard credit card portfolio ranks 16th largest in the U.S. Conversion of BB&T’s credit card portfolio, which is almost entirely comprised of Visa cards, will occur in the 4th quarter of 2021. Tsys will begin processing the accounts in 2022. In the meantime, accounts that oper...

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May 2020
Headlines in this Issue
Charts in this Issue

Top Acquirers in Europe—Purchase Transactions 2019 vs. 2018

Investments & Acquisitions—April 2020

U.S. General Purpose Cards 1Q 2020 vs. 1Q 2019

Top Acquirers in Europe—Ranked by Transactions and Purchase Volume

Largest Merchant Acquirers in Europe—Ranked by Mastercard/Visa Transactions

Top 25 Acquirers of Web Transactions in Europe