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  • 28 January 2010 13:38

TNS APPOINTS FORMER AMEX REGIONAL GM TO HEAD UP TNS’ ASIA PAC PAYMENTS DIVISION

TNS appoints John Banfield as Senior Vice President and General Manager of TNS’ Payments Division in the Asia Pacific region.

TNS APPOINTS FORMER AMEX REGIONAL GM TO HEAD UP TNS’ ASIA PAC PAYMENTS DIVISION

Sydney, AUSTRALIA – 28 January 2010 – Transaction Network Services (NYSE:TNS), a leading provider of data communications and transaction payment services, has appointed John Banfield as Senior Vice President and General Manager of TNS’ Payments Division in the Asia Pacific region.

Mr Banfield will take the senior role in spearheading TNS’ Payments teams and its regional activities in Asia Pacific. “We are delighted to welcome John to TNS. He brings a solid track record and seasoned industry experience in payment card schemes,” said Ray Low, President of TNS’ Global Payments division. “His strong leadership in client management, merchant acquisitions, and B2B solutions will make him a valuable addition to TNS.”

Commenting on his appointment, Mr Banfield said: “The quality in managed services and best practice security solutions that TNS brings to the industry is exceptional. The payments environment in the Asia Pacific region offers huge growth opportunities, and I am excited to be on board with TNS and its enterprising spirit.” Mr Banfield has more than 20 years of experience with a list of achievements in Merchant Services, B2B, Risk Management and Strategic Implementation. Before joining TNS, he worked at American Express where he was formerly the Regional Vice President of its International Division, and was instrumental in the company’s developments.

TNS is a global provider of payment solutions, connecting merchants and retailers to the world’s leading banks, acquirers and processors to enable secure, efficient and cost-effective delivery and processing of payments. TNS’ Payments division provides a wide array of pre-packaged, end-to-end managed solutions designed specifically for the payments industry, enabling customers to focus on their core businesses.

For more information about TNS visit www.tnsi.com.

About Transaction Network Services:

Transaction Network Services (TNS) is an international data communications company that enables payments, money and voices, to move around the world. TNS’ mission is to enable the world to transact. It does this through a broad range of networking, communications and value added services, which it provides to many of the world’s leading retailers, banks/processors, telecommunications companies and financial markets.

Since its inception in 1990, TNS has designed and implemented multiple data networks, each designed specifically for the transport of transaction-oriented data. TNS' networks support a variety of widely accepted communications protocols and are designed to be scalable and accessible by multiple methods. Today, TNS has offices throughout the world serving customers in 28 countries with the ability to provide services in other countries. Statements and information contained in our press releases and newsletters that are not descriptions of historical fact may contain forward-looking statements. Forward-looking statements involve a number of risks, uncertainties or other factors beyond our control, which could cause actual results to differ materially from historical results or performance and from any opinions or statements expressed with respect to future periods.

Media Contact:

Almira Anthony

Max Australia

+61 2 9954 3492

Almira.Anthony@maxaustralia.com.au

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