TSYS CEO Phil Tomlinson Announces Retirement

TSYS has announced that Philip W. Tomlinson has decided to retire as chief executive officer, and that M. Troy Woods has been elected by the TSYS board of directors as president and chief executive officer, effective July 31, 2014. Tomlinson will continue to serve as executive chairman of the board of TSYS until the 2015

TSYS Completes Acquisition of Texas Based NetSpend $1.4bn

TSYS and NetSpend Holdings, Inc. announced that TSYS has completed its acquisition of NetSpend. NetSpend is now a wholly owned TSYS subsidiary and TSYS’ fourth operating segment focusing on direct to consumer products and services. NetSpend will continue to be led by chief executive officer Dan Henry and president Chuck Harris. The segment will report