ActionOptimizer™ Enables TSYS Customers To Efficiently Collect More Dollars
Contact:
Austin Logistics
Joan Osleeb
512.314.2060
[email protected]
TSYS
Cyle Mims
+1.706.644.3110
[email protected]
Columbus, GA and Austin, TX, May 22, 2007 — TSYS (NYSE: TSS), one of the world’s largest payment-services companies, and Austin Logistics, the leader in providing predictive analytic software for real-time decision-making, today announced that TSYS is now offering its customers ActionOptimizer, Austin Logistics’ award-winning* treatment optimization solution for collections.
ActionOptimizer is a predictive analytic solution that drives optimal account-level treatment decisions using action-specific modeling—Action Analytics™—optimization, and simulation. ActionOptimizer will enable TSYS clients to quickly know the impact of each action and determine the best treatment strategy based on business rules and constraints. This sharply reduces the time it takes to accurately predict performance and deploy the most precise, cost-effective and optimal treatment strategy for each account in an issuer’s portfolio.
“Collections efficiency and effectiveness is top of mind for our card clients,” said Dale Daley, senior director of value added products, TSYS. “The ability to better manage charge-off risk is a bottom-line issue that can seriously affect their competitive position. With ActionOptimizer, we can offer them the rapid ability to collect more dollars more efficiently, with little impact on customer satisfaction and minimal impact on their internal IT infrastructure or resources.”
“Leveraging the TSYS processing capabilities with our analytic intelligence is an economical approach to bringing TSYS clients innovative, proven ways to better manage risk,” said Alan Vondrell, director, Strategic Alliances, at Austin Logistics. “This partnership approach takes advantage of both companies’ core capabilities to bring clients highly innovative solutions in a dependable and secure environment.”
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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 North America, Europe and the 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” Hall of Fame. For more information, contact [email protected].
About Austin Logistics
Austin Logistics is a leading provider of next-generation predictive analytic and business intelligence software solutions that anticipate customer value and behavior to drive more profit from every customer interaction. Since 1992, the company’s innovative solutions have helped many of the world’s largest financial services, telecommunication, and retail companies to make proactive, profit-focused decisions that optimize actions in collections, risk and fraud, marketing and customer service. The company’s ActionSelect solution was selected as one of the Top 100 Collection Technology Products for 2006 by Collection Advisor magazine. For more information, www.austinlogistics.com.
