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Parseq - Collaboration

Wednesday, Sep 14 2011 by

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.


Disclaimer:  

This note was prepared by LCF Research Limited using information provided by the subject company’s management or publically available news sources. No representations are made nor warranties given (express or implied) in relation to accuracy and completeness. This document is not an invitation to invest in the subject company and does not purport to contain all the necessary information that a prospective investor might require. LCF Research Limited recommends prospective investors to conduct their own thorough independent analysis of the subject company and the information contained in this note or referred to above.


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