TSYS Europe Careers > About TSYS Europe > History

History

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 fibre optic cables. In 1983, TSYS became a separate publicly traded company.

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 market-place 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.