TNS Appoints George Zirkel and John Tait in Senior Payments Roles

Transaction Network Services (TNS), a provider of data communications and solutions for 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 and financial markets industries, has fortified its payments business with two new hires, adding George Zirkel and John Tait with immediate effect, according to a TNS statement.

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Both George Zirkel and John Tait land at TNS with plans to kindle additional growth plans at the group, ranging from the US to Australia. Mr. Zirkel joins TNS as its Senior Vice President and Head of Global Payments Strategy, based out of the US. In this capacity, Mr. Zirkel will be tasked with overseeing the strategic direction of the group’s Payments Division, whereby assisting in its global product and sales development.

Conversely, Mr. Tait will be appointed as the Managing Director of TNS’ Payments Division for the Asia-Pacific (APAC) Asia-Pacific (APAC) The Asia-Pacific (APAC) region is one of the fastest growing in terms of population. This region in particular is of great importance to the financial services industry, as it is seen as the largest growth market for clients.APAC is comprised of diverse currency markets that are shaped by various and, at times, competing forces, from global regulation to local capital controls.The region has been seen as one of the hardest to enter by FX brokers for this reason, as well as grappling cultural or The Asia-Pacific (APAC) region is one of the fastest growing in terms of population. This region in particular is of great importance to the financial services industry, as it is seen as the largest growth market for clients.APAC is comprised of diverse currency markets that are shaped by various and, at times, competing forces, from global regulation to local capital controls.The region has been seen as one of the hardest to enter by FX brokers for this reason, as well as grappling cultural or Read this Term) region and will be based out of TNS’ office in Sydney, Australia. Mr. Tait will be playing an integral role in TNS’ payments business across the APAC region, which includes areas of operation in Thailand, Malaysia, Hong Kong, Taiwan, India, and Australia, among others.

Growth Focus

According to Lisa Shipley, Executive Vice President (VP) and Managing Director of TNS Payment Network Solutions, in a recent statement on the appointments, “I’m excited that George and John have joined our growing business. Their broad experience will be an asset to TNS as we cement our market leading position and build on our success.

“It is an exciting time for the payments industry as eCommerce continues its rapid global expansion, alternative networks and payment adjacent products gain market share, and legacy network connectivity infrastructure services consolidate. TNS is in a strong position with its secure, scalable, global, yet easy to access network to support current services and accelerate innovation in the payments industry,” she added.