TSYS Hires New Business Development Director for Turkey

22 December 2008

TSYS today announced Bulent Senver as Business Development Director for its entry into the Turkish payments market.

Mr. Senver brings more than 25 years experience and extensive knowledge of the Turkish banking and card payments industry. He has worked with more than 20 Turkish and foreign banks in an advisory role as a management consultant and as a senior executive in the bank environment, a position in which he was named ‘Banker of the Year’ by the Turkish Press Institution.

Kelley Knutson, executive vice president of Global Services for TSYS, said, "TSYS is very pleased to welcome Bulent as Business Development Director for Turkey. He has helped achieve many milestones in his respective market, including the first photo credit card, the first soccer club debit card and the first telephone banking system. He has in-depth knowledge of the payments industry and local market requirements, and embodies the service excellence and integrity associated with the TSYS brand.”

“With a strong, stable economy, growing population and rising income levels, we believe that the Turkish card market shows tremendous potential for further growth. It is a key, strategic market to TSYS and we are fully committed to investing long-term in the region,” added Knutson.

The Turkish payments market has grown at an accelerated rate during the last five years and is now the third-largest card market in Europe. In terms of payment options and product differentiation, Turkey is one of the most sophisticated and innovative markets in the world.

TSYS, which grew its international operations 33 percent in 2007, confirmed its intent to participate in the Turkish marketplace with its unique value proposition, TS Prime, an efficient server-based issuing and acquiring card management platform adopted by more than 100 financial institutions worldwide.

TSYS supports more than 300 clients in 75 countries and has been a leader in the global payments industry for more than 25 years. Its market presence extends to 18 offices supported by more than 8,000 personnel.

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