Local

Business Briefs: Synovus and TSYS honored for 'Corporate Social Responsibility Leadership'

Two companies headquartered in Columbus -- Synovus and TSYS -- are among those honored July 22 by the Financial Services Roundtable.

The local firms were among 23 financial services companies nationwide to receive the 2013 "Corporate Social Responsibility Leadership Award" in Washington, D.C., where the organization is based.

The award is given for the companies' leadership and dedication to improving their communities and their efforts to help educate the public on financial matters.

"FSR's member companies completed over 310,000 community service projects and 47,000 financial literacy projects throughout their communities last year, donating over $526 million," Judy Chapa, FSR's vice president of corporate social responsibility, said in a statement.

The roundtable is considered the leading advocacy organization for America's financial services industry, keeping companies informed of vital policy and regulatory matters that impact their business.

Synovus Financial Corp. is a regional banking firm and parent of Columbus Bank and Trust, the top local bank in terms of deposits. It operates 28 locally branded divisions in five Southeastern states.

"We are honored to be among such prestigious companies being recognized for enhancing financial education, investing in community development, and protecting the environment," Kessel Stelling, Synovus chairman and chief executive officer, said in a statement.

TSYS is a credit-card and payments processor doing business in the Americas, Europe and the Asia-Pacific region. It has clients in more than 80 nations.

"We encourage our team members -- including myself and our top leadership -- to take an active role in their communities," Troy Woods, TSYS president and chief operating officer, said in a statement.

Other recipients of the Financial Services Roundtable award are Allstate Insurance Co., Popular Inc., SunTrust Banks, TD Bank, Transamerica, Trustmark Corp., U.S. Bancorp, Unum, Webster Financial Corp., Wells Fargo, Western & Southern Financial Group, BancWest, Bank of Hawaii, BB&T, BBVA Compass, Capital One, Discover, KeyCorp, LPL Financial, MUFG Union Bank, and PNC Financial Services Group.

Roundtable members account for a combined $92.7 trillion in managed assets, $1.2 trillion in revenue, and 2.3 million jobs.

TSYS signs processing contract with major United Kingdom bank

TSYS said it has inked an agreement with C. Hoare & Co., a major independent private bank in the United Kingdom.

The contract upgrades the bank's system to TSYS' "PRIME 4" card management services to support the financial institution's Visa credit and debit card portfolios. C. Hoare & Co. was founded in 1672.

"Investing in technology that improves the client experience and increases operational efficiency

is key to the bank's strategy. The TSYS team continues to support our strategy through their product development with PRIME 4 and their people-centric values," said Russell Winder, chief information officer at C. Hoare & Co, in a statement.

A TSYS client since 1992, C. Hoare & Co. is one of the financial institutions across 70 countries

that license TSYS PRIME issuer or acquirer products and services. The bank upgraded from an earlier version of the platform in order to take advantage of PRIME 4's "future-proof architecture, integrated workflows, increased automation and richer functionality," TSYS said.

Columbus-based TSYS does business with retailers, banks, governments and other clients in more than 80 nations around the globe.

  Comments