| Business Summary | | Total
System
Services,
Inc.
(TSYS)
is
an
electronic
payments
processor
of
consumer
credit,
debit,
commercial,
stored
value
and
retail
cards.
TSYS
provides
the
electronic
link
between
buyers
and
sellers
with
a
comprehensive
online
system
of
data-processing
services,
servicing
issuing
institutions
throughout
the
United
States,
Canada,
Mexico,
Honduras
and
the
Caribbean,
representing
more
than
195
million
cardholder
accounts
on
file
as
of
December
31,
2000.
TSYS
also
offers
value
added
products
and
services,
such
as
credit
evaluation,
fraud
control
and
marketing,
to
support
its
core
processing
services.
TSYS
has
five
wholly
owned
subsidiaries.
They
consist
of
Columbus
Depot
Equipment
Company,
TSYS
Total
Solutions.
Inc.,
Columbus
Productions,
Inc.,
TSYS
Canada,
Inc.
and
DotsConnect,
Inc.
The
services
provided
by
TSYS
are
divided
into
two
operating
segments,
transaction
processing
services
and
support
services. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | TSS,
through
its
wholly
owned
subsidiaries,
provides
credit,
debit
commercial
and
private-label
card
processing
services.
For
the
six
months
ended
6/30/01,
total
revenues
increased
7%
to
$316.6
million.
Net
income
increased
7%
to
$48
million.
Revenues
benefitted
from
growth
in
the
card
portfolios
of
existing
customers
and
the
addition
of
new
customers.
Net
income
also
reflects
higher
interest
income
due
to
improved
levels
of
cash
available
for
investment. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Richard Ussery, 53 Chairman
and CEO | $1.4M | Philip Tomlinson, 54 Pres | 1.6M | James Lipham, 52 Exec.
VP and CFO | 1.1M | Kenneth Tye, 48 Exec.
VP, CIO | -- | William Pruett, 47 Exec.
VP | 874K | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|