Russia's First Monoline Credit Card Company Selects TSYS

Tinkoff. Credit Systems, a Moscow-based consumer lending bank, has chosen TSYS Card Tech to supply its card management and authorisation system. The bank plans to become the first credit card monoliner in Russia and will focus exclusively on issuing credit cards. Tinkoff. Credit Systems sought a platform that would help it aggressively expand its portfolio with highly differentiated card product offerings whilst minimizing its transactions-per-card process costs. TSYS Card Tech's PRIME 3.0 solution offered the necessary flexibility and ease-of-use, backed by its renowned speed-to-market capabilities. With processing capabilities benchmarked at up to 10 million cards per day, Tinkoff. Credit Systems' PRIME solution will be deployed in conjunction with TSYS Card Tech's authorisation system to achieve secure, high-volume transaction processing. "We chose TSYS Card Tech's PRIME because we were looking for a customisable solution, which will combine fast time-to-market for new products along with sufficient scalability to support 5-10 million cards in the future,” said Oliver Hughes, president of Tinkoff. Credit Systems. "We plan to become the most technologically advanced and nimble player in the consumer lending industry in Russia. Within a year we expect to be among the top three card issuers. We believe TSYS Card Tech’s solution is the right element in our IT platform to enable our fast growth." "TSYS Card Tech is delighted to help Tinkoff. Credit Systems launch its ambitious plans,” said Edith Kessler-Charalambous, general manager of business expansion for TSYS Card Tech. "PRIME brings distinct value to our clients to help them quickly expand their business opportunities within the payments sector.” About TSYS Card Tech TSYS Card Tech is an international provider of server-based solutions that meet the payment needs of financial institutions of all sizes throughout the world. For banks competing in global markets, we offer the perfect combination of market-leading functionality, flexibility and capacity. Our core products are developed in house and address all aspects of the card-management business, including card issuance, merchant acquiring, authorisation, message switching, key and PIN management, e-commerce and dispute and fraud management. TSYS Card Tech, formerly known as Card Tech Limited, is a wholly owned TSYS® (NYSE: TSS) subsidiary. Together with TSYS, we serve more than 300 clients in more than 75 countries and support 13 offices around the globe. About TSYS TSYS (www.tsys.com) is one of the world’s largest companies for outsourced payment services, offering a broad range of issuer- and acquirer-processing technologies that support consumer-finance, credit, debit and prepaid services for financial institutions and retail companies in the Americas, EMEA and Asia-Pacific regions. Based in Columbus, Ga., TSYS (NYSE: TSS) is closely held by Synovus Financial Corp. (NYSE: SNV), one of FORTUNE magazine’s "Most Admired Companies” and a member of its "100 Best Companies to Work For” for 10 consecutive years. For more information, contact news@tsys.com. About Tinkoff. Credit Systems Tinkoff. Credit Systems is a privately owned bank which launched in May 2007 its ambitious credit card program. The bank will become the first true credit card monoliner in Russia. It plans to be the most advanced and mobile financial institution in Russia and change the expectation of customer service standards in retail lending there.