Under the terms of the agreement,TSYS is set to enable SSNB to issue cards to consumers, including retail membership cards, a proprietary private-label credit card and association-branded credit cards.The conversion is expected in April 2010.
SBI Sumishin Net Bank (SSNB) has been jointly established by SBI Holdings and The Sumitomo Trust Bank. SSNB provides a series of other finance-related services including securities, life insurance, non-life insurance, credit cards, real estate, e-commerce settlement and asset management.
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