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Our History

TSYS Campus Mott House TSYS began in 1959 as a small division of Columbus Bank and Trust Company (CB&T), a bank that is owned by Synovus, which was one of the first institutions in the United States that offered its customers a revolving credit card. In 1974, CB&T started moving electronic transactions for other banks that issued credit cards — across states and continents, first by telephone, then by satellite and now by fiber optic cables. In 1983, TSYS became a separate publicly traded company. On January 1, 2008, TSYS became an independent company after former parent company Synovus relinquished its ownership in TSYS in what is known as a spin-off transaction.

In 1991, TSYS invested more than $200 million to develop an integrated, option-driven processing system. In 1994, TSYS launched TS2®, which remains the most advanced, most flexible and most successful processing system in the marketplace today. We continue to invest more than $40 million on improvements each year.

In 1998, TSYS upgraded TS2 to support multiple languages and currencies on a single platform. TSYS is the only company with a single platform capable of serving a client's portfolio on more than one continent — a critical advantage for institutions planning rapid, international growth. TS2 offers cost savings, improved customer service, unsurpassed speed to market and efficient workflow.

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