COLUMBUS, Ga., May 25, 2010—TSYS announced today that Canadian Imperial Bank of Commerce (CIBC) has extended its payment services agreement with a multi-year contract renewal for the processing of CIBC’s Visa consumer credit card portfolio.
CIBC ranks as the number one issuer of credit cards in Canada based on dollar volumes outstanding, and TSYS processes over 44 percent of all Visa and MasterCard credit card accounts in Canada.*
“We are pleased....