TSYS extends payments agreement with Atlanticus

Source: TSYS

TSYS (TSS) today announced it has signed a payments agreement with Atlanticus to support its loan origination platform, Fortiva, extending a 17-year relationship.

“For more than 17 years, Atlanticus and TSYS have delivered industry leading, consumer friendly financial services to our customers,” said Jeff Howard, chief executive officer of Fortiva. “Working together has enabled us to serve more than 17 million customers and fund over $25 billion in loans. Throughout our history, TSYS has been an integral part of our success and we look forward to our continued relationship.”

“We are pleased to once again extend our relationship with Atlanticus and Fortiva, as they have been a valued TSYS client for many years,” said Bill Pruett, president of TSYS’ North America Services segment. “We will continue to work with them to ensure we are providing the cardholder solutions and outstanding customer service that they expect from TSYS, and that we help them in any way we can to continue to grow their business.”

As part of the agreement, TSYS will continue to provide Atlanticus and Fortiva with additional services such as card and statement production as well as fraud prevention and risk management.

Financial terms of the long-term agreement were not disclosed.

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