Veracity, headquartered in Atlanta, is a new member service provider with decades of domestic and international industry experience at the executive level. Veracity will offer complete electronic payment processing services, as well as card acceptance consultancy, to businesses nationwide.

Joseph Cohane, CEO at Veracity, said: The formation of a partnership between TSYS Acquiring Solutions and Veracity was a natural fit. Both companies are steadfast in the pursuit of processing integrity and service excellence. The TSYS platform will allow Veracity to grow aggressively and provides our technology team the opportunity to focus on value-rich vertical market solutions. We look forward to engaging with the talented team at TSYS.

Grant Putre, CIO of Veracity, said: We wanted to build a relationship with a solid and secure technology partner to level the competitive field for us as a start-up. TSYS brings the agility and maturity we were looking for in this constantly evolving electronic payments industry. Our customers are our number one priority. TSYS will enable us to stay focused on that priority.