IT services company Unisys today announced it has won an extension to provide Suncorp bank with transaction processing under its Australian subsidiary, Unisys Payment Services Ltd (UPSL).
(Piggy savings bank
image by Alan Cleaver, CC2.0)
Under the contract extension, Unisys will provide the Suncorp Group with cheque processing services for a further two years and electronic payment services for an additional three years. These services will be provided from UPSL's centres in Sydney, Perth, Brisbane, Melbourne and Adelaide.
Unisys has worked with Suncorp since 2001, processing financial transactions like credit and direct debit, hosting its payment system and settlement, and clearing services for the bank.
"Having Unisys provide these services allows us to focus on other core areas of our business, knowing that back-end payments are being processed in an efficient and cost-effective manner," Suncorp bank general manager Terry Wasmund said in a statement.
Unisys has also provided services to RHG Bank and Home Loans, RAMS Home Loans, Maybank, RHB Bank, Citibank, CIMB bank and Australia Post in Australia.