TSYS Chosen Global Processor of the Year by Cards International
Award Acknowledges Successful Global Expansion
COLUMBUS, Ga.--(BUSINESS WIRE)--TSYS has earned the 2007 Cards International Global Award for the category “Card Processor of the Year.”
“TSYS intends to remain a major player as the payment industry moves into new areas and gives people throughout the world safer, more convenient and secure payment tools”
The award was presented at the annual Cards International awards dinner in Berlin the evening of May 22, during which the industry’s leading players earned peer recognition for their noted achievements. Kelley Knutson, managing director of TSYS Europe, accepted the award on behalf of the company.
The award as “Card Processor of the Year” acknowledges TSYS’ successful expansion beyond its home market of the United States during 2006 and 2007. Many of the company’s recent international initiatives — such as creating a joint venture with CUP Data in China; the acquisition of Card Tech Limited, based in the United Kingdom; and TSYS’ multi-product, multi-country expansion across Europe and in Japan — contributed to the judges’ decision to honor TSYS.
“This is an incredible time to be in the payments industry, and this award recognizes not only our hard work outside of the United States, but also the unprecedented activity that’s going on in the global marketplace today,” said Philip W. Tomlinson, chairman of the board and C.E.O. of TSYS.
“TSYS intends to remain a major player as the payment industry moves into new areas and gives people throughout the world safer, more convenient and secure payment tools,” Tomlinson said.
Judging for the award was undertaken by an independent panel of internationally recognized industry consultants and credit card experts, together with VRL KnowledgeBank’s research team and journalists. Organizations were nominated by Cards International readers. Learn more online at www.cardsinternational.com.
About TSYS
TSYS (www.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 regions. Based in Columbus, Ga., TSYS (NYSE:TSS) is closely held by Synovus Financial Corp. (NYSE:SNV), one of FORTUNE magazine’s “Most Admired Companies” and a member of its “100 Best Companies to Work For” for 10 consecutive years. For more information, contact news@tsys.com.
