Tsys

PNC Bank Tests CNP Fraud Solution For Commercial Cards

PNC Bank’s Treasury Management unit is testing a new solution to address card-not-present (CNP) fraud for commercial clients. The company said in a...

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Can Virtual Cards Void Checks’ Feeble Future?

In an effort to kill the check — where B2B payments are anything but efficient — might virtual cards be the answer? In...

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The Payments Bucket List (No, It’s Not What You Think)

We compartmentalize our daily lives, separating goals and task into manageable “buckets” of thought and actions. Why should payments be any different? ...

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TSYS Buys iMobile3, Bolstering SMB Reach

Three months ago, the “build vs. buy” debate got a fair amount of digital ink in these digital pages, focused on merchant...

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Today In Data

The Rapid Evolution Of ‘Getting The Job Done’

The world of work — in the U.S. and elsewhere — is radically and rapidly changing shape. The era of the employee...

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Digital Banking

TSYS: Consumers Want Payments Innovation, But Not Always From FinTechs

When TSYS conducted its first consumer payments study seven years ago, the primary focus was on debit vs. credit, according to TSYS’...

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Payments Innovation

Study: Consumers Want Novel Payments Innovations But Feel Secure With Old Providers

When TSYS conducted its first consumer payments study seven years ago, the primary focus was on debit vs. credit according to TSYS’...

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TSYS Boosts Guidance as Issuer, Merchant Solutions Drive Q1 Beat

TSYS, the payments processor, reported net income of $1.13 a share, beating the Street by 13 cents, while revenues of $987.2 million...

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Healthcare

Curing Medicine’s Epidemic Of Noncompliance

The New York Times wrote in April 2017 that the U.S. was in the throes of an epidemic for which there was...

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Walmart Taps TSYS For Health Care Payments

TSYS, a global payment technology company based in Georgia, announced Wednesday (March 7) a new payment solution dubbed Advanced AuthControl will be...

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TSYS’ McHugh: Why Integrated Payments Is What’s Next

Merchant services is newly in TSYS’s sights in the wake of closing its deal to buy Cayan. Philip McHugh, EVP and president...

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ProPay Expands Reach With UnionPay Partnership

ProPay, a unit of payment solutions provider TSYS, announced Tuesday (Feb. 20) that it had expanded its global disbursement funds and commission...

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TSYS, Chase Partner On Virtual B2B Payments

Credit card processor, merchant acquirer and bank credit card issuer TSYS announced Wednesday (Feb. 7) that JPMorgan will offer the company’s Virtual...

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For ISVs, An Integrated Approach To Integrated Payments

It’s no secret that businesses want to accept electronic payments, because consumers demand innovation and choice in the way they transact. But,...

TSYS Makes All-Cash Offer To Buy Cayan For $1.05B

Global payments solutions provider TSYS announced Monday (Dec.18) that it would acquire payments technology company Cayan in a $1.05 billion all-cash deal,...

TSYS Says It Extends Capital One Agreement

Credit card services provider TSYS announced Friday that it has extended its existing agreement with Capital One Financial Corp. Under the terms...

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Executive Insights

2017 In Payments: The Year Of …

A lot can happen in a year. What makes one stand out from another? How shall 2017 go down in the history...

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No Straight Road On The PayFac Road

At first glance, becoming a payments facilitator seems a sure-fire way to help simplify the merchant account enrollment journey. But as with...

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The RX For Healthy Payments Processes

Amid momentous changes in healthcare, debt is on the rise, while deductibles are high. How to set in place a positive practice...

Internet of Things

Building Foundations For IoT Castles In The Cloud

Henry David Thoreau once said, “If you have built IoT castles in the cloud, your work need not be lost —...

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TSYS Bolsters Healthcare Payments Platform With New Partnership

In a press release on Wednesday (Oct. 25), TSYS, a payment solution provider, announced news of a new partnership with Rectangle Health....

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TSYS Q3 Marked By Transactions, Card Growth

On Wednesday (Oct. 25), TSYS reported earnings results that showed organic revenue growth across its payments processing and card segments. TSYS earnings came...

Business

TSYS Adds AT&T, Realogy Executives To Its Board

TSYS, the payments company, announced Tuesday (Oct. 17) the election of two new members to its board of directors, bringing the total...

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TSYS’ ProPay Sets Up Shop In Australia

TSYS’ merchant services company ProPay is expanding into new territory. The company announced in a press release this week that ProPay has...

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TSYS’ ProPay Gets Global Enhancements

Secure credit card and ACH payment processing solutions provider ProPay, owned by TSYS, is upgrading its disbursements and commission payments facilitation platform,...

TSYS Inks Partnership With National Golf Course Owners Assn.

TSYS, the payment processor, announced Wednesday (Aug. 16) that it has been named the official payment processing partner of the National Golf...

TSYS Beats Street on Card Growth

Credit card processor Total System Services reported results Tuesday after the markets closed that topped Wall Street expectations. Sales came in at...

Commerce

TSYS Inks Exclusive Long-Term Deal With Monetary

TSYS announced news on Tuesday (July 25) that it has signed an exclusive long-term agreement with Monetary, a connected commerce provider offering...

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Europe

Europe, CNP Fraud Trendsetter?

Europe sets the pace for fashion, finance … and fraud? As EMV gains traction in the States, the chip card revolution on the...

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TSYS Reaffirms Its Partnership With German Bank

Global payments provider TSYS is making headlines today with news of its renewed agreement with German-based Degussa Bank. Terms of the long-term...

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Fraud Prevention

Fighting Fraud By Not Focusing On It

Machine learning can help find real cyber transaction fraud while letting the “good” payments go through. TSYS’ EVP Karim Ahmad and Featurespace...

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TSYS Continues Payment Agreement With Tesco Bank

TSYS announced in a press release it has extended its payments agreement with Tesco Bank and will continue supporting the bank’s credit...

TSYS Will Continue To Provide Payments Processing For Valley National Bank

TSYS announced in a press release that it has signed a long-term agreement with Valley National Bank to continue providing issuer processing...

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Security & Fraud

FTC Announces NetSpend Is Refunding Customers As Part Of A Settlement

The Federal Trade Commission announced Thursday (June 15) that NetSpend, the operator of a debit card, is providing refunds to settle charges...

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Fraud Prevention

TSYS Syncs With Featurespace For Fraud Prevention Product

With total fraud losses outside of consumer losses expected to reach $31 billion by 2020, it’s no wonder payments provider TSYS partnered...

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TSYS Tokenizes Corporate Cards For Mobile Payments

Card processor TSYS is looking to heighten the security of mobile corporate payments. The company announced Tuesday (May 30) that it is...

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TSYS Announces First Quarter Earnings

Global payments provider TSYS shared its first quarter earnings in a release this week. With total revenues reaching $1.2 billion, the company...

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TSYS Inks PRIME Software License Deal With Enfuce Financial Services

TSYS, the payments company, announced Tuesday (April 18) it has inked a software license and services agreement with Enfuce Financial Services. In...

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Prepaid

Netspend SVP Charts The Path To Prepaid’s Future

The prepaid industry looks nothing like it did many years ago. With new technologies and even more use cases, prepaid cards are...

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Internet of Things

TSYS FinTech Hackathon Takes Commerce To New Places

While it’s hard to know where the next big disruptive FinTech idea will come from, a recent hackathon sponsored by TSYS and...

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Personnel

TSYS Names Barclaycard Executive As President Of Merchant Solutions

TSYS announced Friday (Jan. 27) it named Philip McHugh as senior executive vice president and president of Merchant Solutions, effective as of...

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TSYS Earnings: Q4 Caps Off 2016 With $74M Profit

On Tuesday (Jan. 24), TSYS reported results for the fourth quarter and full year of 2016. With a reported net income of...

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TSYS Renews Long-Term Payments Processing Contract With BBVA Compass

TSYS, the payments processing company, announced Friday (Jan. 20) it has inked a long-term renewal of its payment services agreement with BBVA...

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Payments Innovation

Gearing Up For Payments Innovation, Short And Long Term

Innovation is rarely painless, but it is always necessary. In an interview with PYMNTS’ Karen Webster, TSYS’ Karim Ahmad, EVP of global...

Mobile Payments To Continue Lagging In B2B Space

A recent survey from TSYS and NAPCP found that, when it comes to new technology in B2B and commercial cards, mobile payment...

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TSYS Inks Debit Processing Services Deal With Virgin Money

TSYS announced Wednesday (Nov. 30) it has reached a long-term agreement to provide debit processing services for Virgin Money customers within the...

Is Payments Innovation Changing Consumer Behavior?

It’s not surprising to see so much transformation within the payments space in recent years. But what did surprise TSYS in the...

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TSYS Inks Payment Agreement With Optal Financial

TSYS announced Wednesday (Oct. 26) that it has signed a payments agreement with Optal Financial Limited, one of Europe’s leading virtual card...

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