This is part of our live coverage of FinovateSpring 2013.

“TSYS Spend Controls for Consumers provides convenience, control, and peace of mind with the power to turn the consumer’s browser or connected device into a 21st century financial control center. They can remotely control how, when, and where their money gets used, and most importantly by whom. The payee will be sent easy to understand, plain category exclusions and restrictions that will reduce risks for both the card issuer and the consumer by monitoring transactions in real-time and enforcing responsible spending at the point of sale. This allows everyone to avoid costs and aggravation associated with misuse and fraud, results in higher payments automation, helps businesses grow volumes by increased efficiencies and furthers card adoption.”