TSYS Adds Payments Veteran Karim Ahmad as its VP of Global Product

TSYS (Total System Services, Inc.), a global provider in payment processing for issuers, acquirers, independent sales organizations and merchants, has appointed Karim Ahmad as its newest Vice President (VP) of Global Product and Innovation. He steps into the role this September, according to a TSYS statement.

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In his new role as the VP of Global Product and Innovation, Mr. Ahmad will focus on accelerating the group’s product development efforts and speed-to-market capabilities, whilst aiming to position TSYS as a thought leader across all aspects of the Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term industry. In this capacity he will be reporting to Pam Joseph, President and Chief Operating Officer of TSYS.

Veteran Hire

Mr. Ahmad joins TSYS with more than two decades of experience across the financial services industry and various consulting channels. He comes over to TSYS from Bain & Company, having worked as a partner in payments, financial services and performance-improvement practices. Prior to Bain & Company, he also worked in a number of senior level roles at the International Finance Corporation.

According to Mr. Ahmad in a recent statement on the appointment: “I am thrilled to be joining a company and team of this caliber. TSYS has a tremendous reputation in the market and an enviable list of clients and partners. The opportunity to be a part of TSYS’ growth and innovation journey is very exciting.”