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August 31, 2015 2:38 PM ET

IT Services

Company Overview of TNS Inc.

Company Overview

TNS, Inc. a data communications company, provides networking, managed connectivity, data communications, and value added services in the United States and internationally. The company’s Telecommunication Services division operates Signaling System No. 7 (SS7) network that provides call signaling and database access services. This division offers network solutions, such as SS7 and Internet protocol network services; identification and verification services; registry services; and roaming and clearing services. Its Payment Services division offers network connectivity services that enable transmission of card-based payments data between the point of sale device or off-premise automated teller ...

11480 Commerce Park Drive

Suite 600

Reston, VA 20191

United States

Founded in 1990

1,303 Employees

Phone:

703-453-8300

Fax:

703-453-8599

Key Executives for TNS Inc.

Chief Executive Officer, President and Chief Operating Officer
Age: 48
Chief Financial Officer and Treasurer
Age: 35
Chief Executive Officer of TNS Media
Chief Executive Officer of TNS Healthcare
Chief Network Officer
Age: 49
Compensation as of Fiscal Year 2015.

TNS Inc. Key Developments

Transaction Network Services and Verifone Form New Agreement to Help Merchants Enhance Payment Data Security

A new agreement between Transaction Network Services (TNS) and Verifone has been established to help merchants enhance payment data security with streamlined, expedient point-to-point encryption (P2PE) technology deployment. The two companies, which began working together more than six years ago, are integrating their complementary payment security solutions to provide complete end-to-end protection for in-store payment transactions. Managed POS Encryption from TNS and Verifone’s end-to-end encryption solution, VeriShield Protect, will be combined into a single interface, enabling merchants to deploy P2PE through a faster, more efficient process. VeriShield Protect from Verifone enhances TNS’ Managed POS Encryption solution by encrypting cardholder information from the moment it is captured at the terminal and keeping it encrypted until it is securely accessed behind TNS’ firewall. Used by more than 250 of the top merchants and nine of the top 10 payment processors in the US, VeriShield Protect is the most widely adopted end-to-end encryption solution in the US. VeriShield Protect encrypted more than 1.5 billion transactions in 2014 and, so far, has already encrypted more than 1.2 billion transactions this year. Managed POS Encryption and VeriShield Protect can be reinforced with tokenization to further strengthen the merchant payments infrastructure. Tokenization replaces cardholder data in the merchant environment with a token that can be regularly submitted to TNS when payments are due. TNS stores the cardholder information on behalf of the merchant within its secure, PCI-compliant environment. TNS’ tokenization solution is ideally suited for merchants that take recurring payments or need to store cardholder data for chargeback, or reversal and marketing analytics. It is a robust solution that is suitable for card present and card-not-present payments.

Chip & PIN Solutions Choose TNS for Wireless Pos Connectivity, Real-Time Transaction Reporting

Chip & PIN Solutions has chosen TNS Global Wireless Access (GWA) Roaming SIM and MIS solutions to boost its future growth. TNS will provide Chip & PIN Solutions with managed wireless connectivity to over 10,000 mobile POS terminals, with all transactions carried over the TNS PCI DSS certified payments network for delivery to the acquirers. TNS will also provide Chip & PIN Solutions and its merchants with real-time transaction reporting and data analytics, enabling detailed insights into merchant and POS activity across its customers. TNS's GWA solution has been designed specifically for payment terminals, avoiding many of the common weaknesses in traditional one-size-fits-all m2m roaming solutions which make them sub-optimal for use in payments. By applying TNS expertise in high availability payment networks to wireless, GWA is able to offer an standard of service for merchants using mobile payment terminals.

Eason Chooses TNSPay Gateway from Transaction Network Services to Handle Payment Transactions Made Across Store Network and Online Portal

Eason has chosen the TNSPay gateway from Transaction Network Services to handle payment transactions made across its store network and online portal. The agreement, which cements Eason's omni-channel approach, will enable Eason to offer its customers a faster, more reliable checkout experience while simplifying the company's payment infrastructure with one secure, cost effective payment processing solution. TNSPay will be deployed by Eason across both the Republic of Ireland and Northern Ireland to manage the millions of transactions made each year by its customers.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
November 6, 2014
TNS Inc., Payment Gateway Services Business
 

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