TSYS Card Tech Receives Positive Rating in Leading Analyst
Firm’s
MarketScope Report
COLUMBUS, Ga. & NICOSIA, Cyprus--(BUSINESS WIRE)--TSYS today announced that its wholly owned subsidiary, TSYS Card Tech, received a Positive rating in Gartner’s “MarketScope for Multiregional Card Management Software, 2007.”1 For vendors who receive a positive rating, the Gartner report recommends, “Current customers should continue incremental investments, while potential customers should put this vendor on a shortlist of tactical alternatives."
“MarketScope for Multiregional Card Management Software, 2007”
TSYS Card Tech was one of 11 vendors evaluated in the report from Gartner Inc., the world’s leading provider of research and analysis on the global information technology industry.
“We believe TSYS Card Tech's rating as Positive derives from the fact that we are focused, deliberate and offer best-in-class card management systems. With TSYS, our combined solution proposition enables us to serve the entire spectrum of the bankcard transaction market, not limited solely to licensing or processing,” said Jaffar Agha-Jaffar, managing director for TSYS Card Tech. “We are honored to have received Gartner's Positive rating and feel this is affirmation that is very deserving and a real indication that in deploying multi-tier component-based architecture we have succeeded in differentiating ourselves from other card management vendors. We regard the report’s findings as a testament not only to our card management solutions, but also to the hard work of our people and their commitment to our customers' success.”
About MarketScope
The MarketScope is copyrighted 26 June 2007 by Gartner, Inc. and is reused with permission. The MarketScope is an evaluation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the MarketScope, and does not advise technology users to select only those vendors with the highest rating. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
About TSYS Card Tech
TSYS Card Tech is an international provider of server-based solutions that meet the payment needs of financial institutions of all sizes throughout the world. For banks competing in global markets, we offer the perfect combination of market-leading functionality, flexibility and capacity.
TSYS Card Tech’s core products are developed in house and address all aspects of the card-management business, including card issuance, merchant acquiring, authorisation, message switching, key and PIN management, e-commerce, dispute and fraud management.
TSYS Card Tech, formerly known as Card Tech Limited, is a wholly owned TSYS® (NYSE: TSS) subsidiary. Together with TSYS, we serve more than 300 clients in 75 countries and support 13 offices around the globe.
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, healthcare, loyalty and prepaid services for financial institutions and retail companies in the Americas, EMEA and 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 straight years. For more information, contact news@tsys.com.
1) Gartner, Inc., "MarketScope for Multiregional Card Management Software, 2007" by Kristin R. Moyer and Richard J. De Lotto, June 26, 2007
