Parseq, the financial services outsourcing and mobile banking group, reported that an agreement has been signed with TSYS, one of the world's largest payment processors, to provide TSYS's European customers' with a mobile application enabling cardholders to access their account through their smartphones.
TSYS currently has >40 million accounts on file across Europe for more than 50 financial clients, accounting for more than 1.2 billion transactions in 2010. The first TSYS client to offer the mobile application has already been secured.
The PSQ share price has increased by 4% over the last year.
Parseq Plc is currently graded b by LCF Research. To learn more, follow the link.
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