total system services inc (TSS) Key Developments
TSYS Approves Quarterly Dividend for the Third-Quarter of 2015, Payable on October 1, 2015
Sep 1 15
TSYS announced that its board of directors has approved a quarterly cash dividend of $0.10 per share on the company's common stock, payable on October 1, 2015, to the company's shareholders of record as of the close of business on September 17, 2015.
TSYS Signs Payments Agreement with Metro Bank
Sep 1 15
TSYS announced that it has signed an agreement to process Metro Bank’s credit and debit card portfolios on TSYS’ TS2 processing platform, as well as provide Metro Bank fraud management services through TSYS Managed ServicesSM EMEA. Metro Bank has converted its existing credit card portfolios to TSYS, with TSYS providing a card-processing solution for its debit and credit cards, including fraud prevention and detection and the support of in-store instant issuance of cards and PINs.
Total System Services, Inc. Launches New Suite of Business Intelligence Products
Aug 20 15
Total System Services, Inc. announced the launch of a new analytics solution that simplifies complex information so that business leaders can immediately use data to grow portfolios. TSYS Analytics IntellisuiteSM is a set of business intelligence products that helps financial institutions identify and execute strategies to reach business objectives. Consumer AISM, a multi-channel customer engagement platform powered by FICOTM enables TSYS’ clients to create, execute and manage precisely timed and targeted messages to directly interact with cardholders. The analytics-powered marketing tool enables managers to develop strategies to increase activation, card usage and campaign performance. The new single-point business intelligence suite is perfect for executives in need of a fast, simple, and reliable graphical view of analytics data to monitor business performance; marketing and loyalty managers who want to incent consumer action or need a centralized rewards data center to easily monitor program performance for cost/benefit analysis and economic trending. Business leaders, and profit and loss owners who need to interpret product billing, transaction, general ledger and operational systems data to precisely calculate account-specific profitability. Additional development phases include products for commercial, fraud, compliance and rewards, and are slated for release later this year through early 2016.
TSYS Appoints Patricia A. Watson as Senior Executive Vice President and Chief Information Officer Effective September 14, 2015
Aug 17 15
TSYS announced that Patricia A. Watson, a 17-year veteran of the financial services industry, has been named senior executive vice president and chief information officer (CIO) effective September 14. Watson comes to TSYS with more than 17 years of experience in the financial services industry serving in a variety of technology-related roles. Most recently she has served as vice president and global CIO for The Brinks Company, based in Coppell, Texas. Watson will report to Woods. She succeeds Ken Tye, who, during his 44-year career with the company, created the strategic direction that drives TSYS’ market-leading technology solutions for the payments industry.
TSYS and Acquirer Systems Launch ASTREX to Simplify EMV Certification Process
Jul 30 15
TSYS and Acquirer Systems announced the launch of ASTREX, a new testing solution that simplifies the EMV certification process for both Value-Added Resellers (VARs) and Integrated Software Vendors (ISVs). Developers can now use a streamlined approach to integrate with TSYS’ current testing environment, where ASTREX provides a robust card brand simulation tool with real-time results. The efficient testing functionality cuts EMV certification time in half. As an EMV payments simulation platform, developers can test a full range of transactions and network scenarios. This powerful and comprehensive testing solution eliminates complex integration steps with its scalability, and also reduces overall EMV implementation costs. ASTREX gives VARs and ISVs the peace of mind that their POS solutions will qualify for EMV certification on the first attempt. The TSYS and Acquirer Systems solution provides VARs and ISVs with a sustainable method of validating their payments ecosystems through tests conducted from a familiar, easy-to-use workspace that requires no further password management or secondary login information. VARs and ISVs will receive robust support from the TSYS Developer Services team – both during and after the integration – to further reduce overall EMV implementation costs.