Cedacri to Offer Services from TSYS

The Italian financial technology outsourcing provider Cedacri has agreed to offer its bank clients payments services from Total System Services Inc.

TSYS, of Columbus, Ga., said the arrangement lets it expand into Italy.

Cedacri will offer TSYS' TS Prime card processing system, which handles consumer, commercial and prepaid cards.

"Italy is a key European market and this partnership with Cedacri provides a great foundation for TSYS to develop its long-term presence in this region," Bob Evans, the group executive for TSYS International, said in a press release Monday.

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