INTELLIGENT PROCESSING SOLUTIONS LIMITED

Abstract

When you think about it, would you want your processing solutions any other way? Intelligent Processing Solutions (iPSL) is one of the UK's largest provider of outsourced payment-processing services to banks. The company was formed in 2000 as a joint venture between IT services provider Unisys (which owns 51% of the company) and UK banks Lloyds Banking Group, Barclays, and HSBC. iPSL carries some 70% of the UK check-processing market, but business has declined as fewer transactions are conducted by check. In order to prevent going the way of the dodo, the company has branched into new operations including fraud detection, account services, image retrieval and storage, and consultation services.