Total System Services Inc. announced the signing of a processing contract with First Hawaiian Bank.
Total System will convert First Hawaiian's commercial, credit, and debit card accounts to its new TS2 processing system by yearend.
First Hawaiian said the Total System arrangement will bring the benefits of scale economies normally available to much larger banks.
Total System's "ability to bring new programs to the market quickly and the flexibility of TS2 will level the playing field against larger issuers," said Ed Pei, a senior vice president at the bank.