TSYS Prepaid Names Payments Veteran Accordino as President

COLUMBUS, Ga.--(BUSINESS WIRE)--June 26, 2006--James A. Accordino, a 21-year veteran of TSYS and the payments industry, has been named president of TSYS Prepaid, Inc., effective immediately.

Mr. Accordino is responsible for the entire prepaid enterprise, including client relations, operations, product development and implementation, sales and marketing. He will report to Andrew W. Marks, group executive for affiliate operations at TSYS.

“Jim's skills in managing large-scale business operations, business development and major client relationships makes him a great complement to the leadership team of TSYS Prepaid”

"Jim's skills in managing large-scale business operations, business development and major client relationships makes him a great complement to the leadership team of TSYS Prepaid," Mr. Marks says. "Based on his tenure at TSYS and his payments experience, Jim is well-equipped to lead the prepaid team in achieving our goals for this important business segment."

Mr. Accordino currently oversees issuer support for TSYS Managed Services, the servicing division of TSYS that provides call-center, risk and operations support to clients of TSYS. He joined the TSYS Managed Services team in 1999 as director of sales. Mr. Accordino's previous roles with TSYS have included research and development, client relations, sales and total quality management.

Mr. Accordino, a native of New York, earned his bachelor's degree from Manhattan College.

About TSYS Prepaid

TSYS Prepaid, a wholly-owned subsidiary of TSYS (NYSE: TSS), is a leading provider of network branded prepaid card processing services. These services are powered by a flexible, proprietary processing platform specifically designed for the prepaid market.

TSYS Prepaid has successfully processed prepaid card programs for Fortune 500 companies, small and medium size enterprises, and leading financial institutions in both US and international markets across a broad scope of applications, including healthcare, general purpose, payroll, claims, gift, travel, incentives, government, rebates and promotions, and teen.

TSYS Prepaid offers expert prepaid card program development, transaction processing, and program management services. TSYS Prepaid provides both custom and turnkey solutions, with administration, reporting and many other unique system features vital to the prepaid market.

TSYS Prepaid (tsysprepaid.com) is based in New York, with both domestic and international data centers.

About TSYS

TSYS (tsys.com) is one of the world's largest companies for outsourced payment services, offering a broad range of issuer- and acquirer-processing technologies that support consumer finance, credit, debit and prepaid services for financial institutions and retail companies in North America, Europe and the Asia Pacific. Based in Columbus, Ga., TSYS (NYSE: TSS) is 80-percent held by Synovus (NYSE: SNV), one of FORTUNE magazine's "Most Admired Companies" and a member of its "100 Best Companies to Work For" Hall of Fame. For more information, contact news@tsys.com.

Contacts

TSYS Media Relations
Eric S. Bruner, +1.706.644.8457
ebruner@tsys.com
or
TSYS Prepaid
Andrew T. Savitt, +1.212.563.4433, ext. 297
andy.savitt@tsysprepaid.com

At A Glance

TSYS
Headquarters: Columbus, GA
Website: http://www.tsys.com
CEO: Philip Tomlinson
Employees: 8,110
Ticker: TSS  (NYSE)
Revenues: $1.9 billion (2008)
Net Income: $250 million (2008)
Source: via Business Wire
Updated   07/07/2009   by company
Permalink: http://www.businesswire.com/news/google/20060626005945/en/TSYS-Prepaid-Names-Payments-Veteran-Accordino-President

Sharing

Better Be Business Wired.

Business Wire is the leading source for press releases, photos, multimedia and regulatory filings from companies and groups throughout the world.