How they describe themselves: At TSYS, (NYSE: TSS), we believe payments should revolve around people — not the other way around. We call this belief “People-Centered Payments.” By putting people at the center of every decision we make, with unmatched customer service and industry insight, TSYS is able to support financial institutions, businesses, and governments in more than 80 countries. Offering merchant payment-acceptance solutions as well as services in credit, debit, prepaid, mobile, chip, healthcare and more, we make it possible for people in the global marketplace to conduct safe and secure electronic transactions with trust and convenience. TSYS’ headquarters are located in Columbus, Georgia, with local offices spread across the Americas, EMEA, and Asia-Pacific.
How they describe their product/innovation: TSYS Authorization Controls℠ allows a user to set their own default account parameters and authorization rules (for example, user-determined spend limits – daily, weekly and monthly – category permissions or exclusions). TSYS Authorization Controls also allows for user definable authorization actions, including Alert, Decline and Pre-Authorize, that enable a user to determine what happens throughout a transaction attempt.
Other new features include spatial-temporal locks, a.k.a. geo-fencing and time and date restrictions explicitly defining when and where your account may be used and also a work-flow feature that enables an individual to define certain transactions that will always decline unless explicitly pre-authorized.
Product Distribution Strategy: Direct to Business (B2B) & through financial institutions
Bus. Dev.: Frank Braski, Innovation Architect, email@example.com, +1-706-644-4987
Press: Cyle Mims, Media Relations, firstname.lastname@example.org, +1-706-644-3110
Sales: Chris Colson, Innovation Product Director, email@example.com, +1-770-663-2926