In 1959 TSYS started as a division of Columbus B
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In 1959 TSYS started as a division of Columbus Bank and Trust (CB&T). In 1974, CB&T started processing credit cards for other banks. In 1983, TSYS became a separate publicly traded company, although majority ownership remained with CB&T and its successor, Synovus . In 1991, TSYS began development on the next generation of processing platforms. Then in 1994, TSYS launched TS2. On September 24, 1999 TSYS opened up its new Riverfront Campus in Downtown Columbus. [1] On October 25, 2007, TSYS and Synovus (holding 81% of shares at the time) announced a spin-off that was completed as of the end of 2007. [2]
In 2008 TSYS launched n>genuity [3] , a quarterly publication designed to provide pertinent research, in-depth commentary and timely insight on the trends that impact the world of payments [4]
In 2010, TSYS announced they acquired majority stake in First National Bank of Omaha 's merchant acquisition business for $150.5 million [5] , which was renamed TSYS Merchant Solutions [6]
[ edit ] Subsidiaries
- TSYS Acquiring Solutions®
- TSYS Card Tech®
- TSYS do Brasil®
- TSYS Europe SM
- TSYS Japan SM
- TSYS Merchant Solutions SM
- Columbus Productions, Inc. SM
[ edit ] Joint ventures
- TSYS Managed Services EMEA (55%)
- Total System Services de México, S.A. de C.V (TSYS de Mexico®) (49%)
- CUP Data (44.5%)
- GP Net Corporation (GP Net) (53%)
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