TOTAL SYSTEM
SERVICES, INC.
(Exact name of the registrant as specified in its charter)
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GEORGIA
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1-10254
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58-1493818
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(State or other jurisdiction of
incorporation or organization)
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(Commission
File Number)
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(IRS Employer
Identification No.)
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ONE TSYS WAY, COLUMBUS, GEORGIA
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31901
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(Address of principal executive offices)
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(Zip code)
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G. Sanders Griffith, III, (706) 644-6081
(Name and telephone number, including area code, of the
person to contact in connection with this report.)
Check the appropriate box to
indicate the rule pursuant to which this form is being filed, and provide the period to which the information in this form applies:
☒
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Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January 1 to December 31,
2016
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Section 1 Conflict Minerals Disclosure
Section 1.01 Conflict Minerals Disclosure
Based in
Columbus, Georgia, and traded on the New York Stock Exchange under the symbol TSS, Total System Services, Inc. (TSYS or the Company) is a global payment solutions provider that provides services to financial and
nonfinancial institutions. TSYS also provides processing services, acquiring solutions, related systems and integrated support services to merchant acquirers and merchants. In addition, TSYS provides general purpose reloadable prepaid and payroll
cards and alternative financial service solutions to the underbanked and other consumers. The services we provide were divided into four operating segments during 2016, Merchant Services, which accounted for 44% of our revenues in 2016, North
America Services, which accounted for 32% of our revenues in 2016, Netspend, which accounted for 16% of our revenues in 2016, and International Services, which accounted for 8% of our revenues in 2016.
Summary
Based on TSYS reasonable country of origin
inquiry (RCOI) and the procedures described in this Form SD, TSYS has determined that, with respect to the products required to be reported by this Form SD for the period from January 1, 2016 to December 31, 2016 (the
Reporting Period), the Company has no reason to believe that its necessary conflict minerals may have originated in the Democratic Republic of the Congo or an adjoining country (collectively the DRC), as those terms are
defined by the Securities and Exchange Commission.
Reasonable Country of Origin Inquiry
TSYS follows a conflict minerals policy and related procedures focused on TSYS commitment to sourcing components and materials from suppliers that share
its ethical values and that support compliance with the Securities and Exchange Commissions regulations as well as TSYS disclosure obligations related to conflict minerals. These policies and related procedures have guided TSYS
continued development and deployment of internal systems, supply chain due diligence efforts and, ultimately, TSYS RCOI conducted in connection with this Form SD.
Throughout 2016, TSYS conflict minerals efforts, and RCOI process, were designed to confirm conflict mineral content in TSYS manufactured (or
contracted to be manufactured) products, further obtain transparency into its product supply chain for such products, and, more generally, to increase engagement from its suppliers concerning conflict minerals issues. The specific goal of TSYS
RCOI was to determine whether the conflict minerals in its relevant products originated in the DRC. In part, TSYS 2016 RCOI process included:
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maintaining a long-term working group comprised of representatives from TSYS operational, legal and supply chain functions, as well as external advisors with conflict minerals expertise;
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surveying TSYS suppliers to verify critical information about the presence and origin of conflict minerals contained in the products they supply to TSYS;
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communicating diligently with any significant suppliers that did not timely respond to surveys or provided incomplete surveys; and
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analyzing supplier responses and evaluating information in a manner designed to provide the Company with a reasonable basis for its conclusions in this Form SD.
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Specifically, TSYS arrived at the determination described in this Form SD by conducting, in good faith, its RCOI regarding the conflict minerals that
(i) TSYS identified as necessary to the functionality or the production of its manufactured and contracted to be manufactured products and (ii) were subject to review in this Reporting Period. For purposes of TSYS conflict minerals
analysis in this Form SD, TSYS considered the specific products that TSYS manufactured or contracted to manufacture and delivered to its customers during the Reporting Period as completed. Therefore, in connection with this Form SD, the
term Completed Products refers to the specific products that TSYS manufactured or contracted to manufacture and delivered to its customers during the Reporting Period.
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As part of the RCOI, TSYS identified its suppliers that delivered products, materials, or supplies to TSYS from
January 1, 2016 through December 31, 2016, and surveyed these suppliers soliciting information concerning the presence, if any, and source, of conflict minerals in the items supplied to TSYS. In connection with this process and pursuant to
further inquiries by TSYS internal working group, TSYS was able to determine that the great majority of suppliers whose products were included in the Companys Completed Products either did not provide conflict minerals or did not provide
TSYS with a reason to believe that the conflict minerals contained in such products originated in the DRC. Upon further internal review, the small percentage of non-responsive suppliers likewise provided no reason to believe that any conflict
minerals contained in their supplied products originated in the DRC.
Determination
Based on the results of TSYS RCOI, TSYS has determined that, with respect to necessary conflict minerals in its Completed Products, TSYS has no reason to
believe that these conflict minerals may have originated in the DRC.
Additional Information
A copy of the information contained in this Form SD can be found under Conflict Minerals Disclosure at www.tsys.com, under Investor
Relations, but the contents of that site are not incorporated by reference into, and are not otherwise a part of, this Form SD.
This Form SD
contains statements that are forward looking, as that term is defined by the Private Securities Litigation Reform Act of 1995 or by the SEC in its rules, regulations and releases. Forward-looking statements also include any statement that is not
based on historical fact, including statements containing the words believes, may, plans, will, could, should, estimates, continues,
anticipates, intends, expects, and similar expressions. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. All forward-looking statements are based on current
expectations regarding important risk factors and should not be regarded as a representation by the Company or any other person that the results expressed therein will be achieved. TSYS assumes no obligation to revise or update any forward-looking
statements for any reason, except as required by law. Important factors that could cause actual outcomes to differ materially from those contained in any forward-looking statement include those described in the Companys reports, including its
Form 10-K for the fiscal year ended December 31, 2016 and other forms filed by the Company with the SEC.
Section 2 Exhibits
Section 2.01 Exhibits
None.
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Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the duly
authorized undersigned.
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Total System Services, Inc.
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By:
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/s/ Kathleen Moates
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Date: May 8, 2017
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Name:
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Kathleen Moates
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Title:
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Senior Deputy General Counsel
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