Banco del Bajío, a leading Mexican bank, announced Thursday (Oct. 9) that it has licensed TSYS’s PRIME 4 card management solution.
Banco del Bajío will leverage PRIME issuing support to manage credit and private label card portfolios, as well as its loyalty and installment programs, a statement said.
PRIME 4 is a flexible cards and payments solution with a presence in 70 countries. The PCI-compliant option supports single-platform solutions along with a range of services like behavioral analytics, portfolio management and fraud and risk analytics. This licensing agreement will also provide the bank a license solution to integrated customer alerts.
“We are excited to extend our TSYS relationship with PRIME 4 — a trusted cards and payments management solution worldwide,” said Alexia de la Cerda, head of credit cards department, Banco del Bajío. “We look forward to further expanding our presence in the Mexican market with the continued support of TSYS and its agile payments solutions.”