TSYS Healthcare Collaborating with FPS Trust & HealthSavings Administrators on Health Saving Accounts
October 05 2015 - 9:00AM
Business Wire
TSYS (NYSE: TSS) today announced the launch of a new
relationship with FPS Trust Company and its sister company
HealthSavings Administrators. TSYS Healthcare is now collaborating
with FPS Trust Company and HealthSavings to support the processing
of Health Saving Account (HSA) cards and to produce related card
collateral.
“Enabling FPS Trust and HealthSavings to provide their members
with secure and flexible HSA products using TSYS’ suite of
real-time API’s is exciting for TSYS,” said Trey Jinks, group
executive for TSYS Healthcare. “We are proud to work with a strong
and growing organization whose focus on providing superior service
aligns closely with our corporate culture.”
“It is important that FPS Trust’s business evolves with our
member needs and market changes,” said Scott Pearson, president of
FPS Trust. “We are confident that a partnership with TSYS will
enable us to deliver a range of flexible product offerings to our
members.”
“Servicing our members with the most reliable HSA financial
services, including investments, banking and debit cards, is our
highest priority,” said Pat Jarrett, president of HealthSavings.
“We’re looking forward to working with both FPS Trust and TSYS, and
we are confident that the services offered through these two
partners will greatly benefit our current and future members.”
The FPS Trust and HealthSavings conversion to the TSYS platform
took place in August.
About FPS Trust Company
FPS Trust Company is a non-depository trust company dedicated to
serving financial intermediary clients. It’s innovative,
cost-efficient products and services are designed to ensure
streamlined processing and electronic solutions.
The company strives to consistently deliver industry-leading
products with exceptional service. It provides a positive
environment for impeccable standards, professional ethics and
integrity for our clients and our employees. It specializes in
offering agent custody and transactional processing services to
mid-market financial services companies. FPS Trust Company prides
itself in being loyal and ethical. And, will work to meet your
objectives with an uncompromising commitment to integrity.
About HealthSavings Administrators
HealthSavings thrives in the top 1% of health savings account
(HSA) administrators nationwide serving more than 66,000 members
and managing more than $400 million in deposits. Known as “the
investor’s HSA,” HealthSavings offers its members first dollar
investment options in a choice of 22 Vanguard® funds (12 of which
are Admiral™ Shares).
The company has been consistently recognized as one of the best
values in HSAs with mentions in Forbes, Money magazine, the Wall
Street Journal, Kiplinger’s and Reuters as well as various online
publications. For more, visit HealthSavings.com.
About TSYS
At TSYS® (NYSE: TSS), we believe payments should revolve around
people, not the other way around. We call this belief
People-Centered Payments®. By putting people at the center of every
decision we make, TSYS supports financial institutions, businesses
and governments in more than 80 countries. Through NetSpend®, A
TSYS Company, we empower consumers with the convenience, security,
and freedom to be self-banked. TSYS offers issuer services and
merchant payment acceptance for credit, debit, prepaid, healthcare
and business solutions.
TSYS’ headquarters are located in Columbus, Ga., U.S.A., with
local offices spread across the Americas, EMEA and Asia-Pacific.
TSYS is a member of The Civic 50 and was named one of the 2015
World's Most Ethical Companies by Ethisphere magazine. TSYS
routinely posts all important information on its website. For more,
please visit us at www.tsys.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20151005005288/en/
TSYS Media RelationsCyle Mims,
+1-706-644-3110cylemims@tsys.comorTSYS Investor RelationsShawn
Roberts, +1-706-644-6081shawnroberts@tsys.com
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