Global Payments shares have gained 46% in 2019 to date, while TSYS has gained 47%. The TSYS merger is complete. WRBL News 3 reached out to the TSYS media relations office late Friday afternoon, but an email was not returned. That grew into Total System Services, Inc., which was founded in 1983. Qualified individuals with disabilities may be entitled to reasonable accommodations to assist in their pursuit of employment with TSYS. Sloan said that serving smaller merchants is “an attractive place to be positioned.” Global Payments shares have gained 46% in 2019 to date, while TSYS has gained 47%. With much of the market recovering from its March lows, it is no wonder that investors are looking for opportunities in beaten-up sectors. Global Payments will own 52 percent of the combined company, compared to 48 percent for the TSYS shareholders. Atlanta-based Global Payments and TSYS will join forces in what is being called “merger of equals” in the news release this morning. “Given the capital profile and the free-cash capacity of the business, expect to see more vertical-market software plays by us,” he said. The Board of Directors of the new company will be split with six members from the Global Payments board and six from the TSYS board.“In this exciting merger of equals, our new company will truly be a payments powerhouse that is perfectly poised to lead the industry in delivering merchant, issuer and consumer payments technology, solutions and service to our customers,” Woods said in a prepared statement announcing the deal. The RBA refrained from making bond purchases again today. He said that the combined company will have double the partner-software revenue that Global Payments had on its own, as well as an expected investment-grade credit rating, which could prompt more software deals. TSYS' ngenuity offers strategies and insight to help you make sense of it. The S&P 500 Katri expects that the combined company will eventually move to a single merchant-processing platform and see synergies from cross selling APIs. TSYS News and Updates from The Economictimes.com. Though TSYS has a slower growth profile than Global Payments, Chief Financial Officer Cameron Bready expects that a deal won’t hurt Global Payments’ ability to reach its medium-term targets for high single-digit to low double-digit annual revenue growth and adjusted earnings growth of 16% to 18%. The deal had been rumored since late last week when some national business outlets reported it was imminent. For more information about your rights, read the EEOC documentation. Plus, politics news … The entire TSYS team is proud to link arms with Global Payments, and we look forward to leading the market as the preeminent payment solutions provider.” Global Payments has about 11,000 employees, and TSYS has almost 13,000 worldwide. News 23 Feb 2018 Bank of Ireland and Tsys prep open data hack. TSYS chairman and CEO Troy Woods will be the chairman of the new combined company. Sloan said that the deal is consistent with the company’s recent attempts to create a more software-driven business, a strategy that has led to higher growth and higher margins. The financial-technology merger frenzy continued on Tuesday, as Global Payments Inc. officially announced a $21.5 billion all-stock deal for Total System Services Inc. Shares of Columbus, Georgia-based Total System Services, commonly known as TSYS… Global Payments declined to comment, while Total System Services did not respond to a request for comment.