COLUMBUS, Ga. & London — TSYS (NYSE: TSS) today announced that it received a Positive rating in the “MarketScope for Multiregional Card Management Software1,” produced by Gartner, the world’s leading provider of research and analysis on the global information technology industry. To be included in the MarketScope, TSYS had to demonstrate a combination of market traction, regional presence, major card management software capabilities and a licensed software focus.

Gartner noted in the report that inquiries from Gartner clients regarding card management software has increased two to three times during the past 12 months, and that investment in card management software continues to grow as banks turn to cards as a more strategic relationship tool.

“We are pleased to have received a Positive rating in the Gartner report and feel that it is a testament to the strength of the PRIME software and TSYS as a company,” said Bob Evans, group executive of TSYS International. “TSYS is fully committed to its licensing business and continues to develop its market-leading PRIME software as part of its n>genuity in action: n>gen initiative, which offers the next generation of global payment solutions.”

During Gartner’s research process, both TSYS and its clients were able to demonstrate the software’s flexible, multi-functional and multi-client capability, along with the ability to scale, cost-effectiveness, reliability and overall user-friendliness. In addition to the TSYS software’s key differentiators, the company believes its substantial investment in client support capabilities during the last two years has greatly contributed to the Positive rating.

About TSYS
TSYS 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, debt management, healthcare, loyalty and prepaid services for financial institutions and retail companies in the Americas, EMEA and Asia-Pacific regions. For more information contact news@tsys.com or log on to www.tsys.com. TSYS routinely posts all important information on its website.

1 The MarketScope is copyrighted 2009 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.

 

 

 

 


Next Article: Distressed Debt Acquisition Firm Announces Investor Commitment ...

Advertisement