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Our Parent – TSYS

In April 2003, TSYS Loyalty was acquired by TSYS – one of the dominant credit card processors in North America processing hundreds of millions of cards and generating revenues of $1.8 billion in 2006. This partnership was envisioned as a union of complementary services and capabilities that could deliver better reward program management to mutual clients.

For TSYS (“TSS” on the New York Stock Exchange), revenues, net income and earnings per share have seen a compound annual growth rate of more than 20 percent since 1983, a record that far exceeds most companies listed on the New York Stock Exchange in the same period.  Business Week and Business 2.0 magazines have ranked TSYS among the nation’s fastest growing technology companies in recent years.  TSYS employs more than 7,600 team members worldwide and regularly appears among the Atlanta Journal-Constitution’s ranking of the top companies in Georgia.

Synovus Financial Corp. (NYSE: “SNV”) owns 81 percent of TSYS.  Synovus is a financial services holding company with more than $27 billion in assets, 40 separately chartered affiliate banks in five Southeastern states, a full-service brokerage firm, a comprehensive trust services firm and a mortgage services company.  Synovus is also one of FORTUNE magazine’s “Most Admired Companies” and a member of its “100 Best Companies to Work For” Hall of Fame.

While both TSYS Loyalty and TSYS continue to serve clients independently, mutual clients benefit from unique services that result in tighter integration of data and rewards management capabilities.