ATM cash planning requires a delicate balance of having enough cash on hand to satisfy consumers but not so much that banks can’t put extra cash to work. Models can help, says TSYS Deputy Director General for Moscow Andrei Povarov in a recent interview with...
“Breaches are pretty much a daily occurrence now,” says Jonathan Hancock, Director of Fraud Management Solutions for TSYS, “and consumers who haven’t been hit personally are numb to the news.” But here’s the great irony: When something does happen, consumers blame the retailer, but expect...
TSYS announced yesterday that it released its Enterprise Tokenization solution to secure payment card information for online, mobile, and digital wallet transactions, according to a company release.
TSYS published a white paper yesterday titled "Opportunity Knocks: How Card Issuers Can Address Consumers' Concerns Around Payment Security," following the results of the 2014 TSYS Consumer Awareness Data Security Study, according to a company release. The report examines how consumers' sentiments are changing around...
TSYS announced yesterday that its revenues for the second quarter this year increased by 30.4 percent, while its adjusted earnings per share (EPS) from continuing operations were $0.45, an increase of 19.8 percent. According to a company press release, total revenues year-to-date were $1.2 billion, an increase...
TSYS’s ProPay is partnering with ThreatMetrix to provide an advanced fraud prevention system that accurately differentiates real customers from cyber-criminals. The companies are collaborating on TSYS Guardian CyberShield, a cloud-based, real-time identity verification tool that recognizes returning customers while at the same time protects log-in authentication...
A changing of the guard is underway at NetSpend, a TSYS company, as veteran CEO Dan Henry will be stepping down and Chuck Harris, who has been named senior executive vice president of TSYS – and who will stay on a president of NetSpend –...
TSYS company ProPay has announced the release of EnsureBill, a new service that allows merchants to streamline the maintenance process associated with the storage of customer data. The new system makes it easier to update customer information for recurring billing, auto-shipments, subscriptions and other functions....
With all of the market changes occurring today, acquirers and the independent sales agents working with them, have had to learn more sophisticated ways to manage their merchant relationships. Education has become a chief conversation-starter, driven by market moves to EMV, data encryption and other...