TSYS Acquires Remaining 49 Percent of First National Merchant Solutions

TSYS TSS announced today that it has acquired the remaining 49-percent interest in First National Merchant Solutions, LLC, from First National Bank of Omaha. The company will be rebranded as TSYS Merchant SolutionsSM. TSYS formed a joint venture with FNBO in April 2010, when it acquired a 51-percent controlling interest in the direct merchant acquirer and transaction processor.