TSYS Healthcare Signs Agreement with Empire Innovation Group, LLC
Columbus, Ga., October 21, 2015–TSYS (NYSE: TSS) today announced that Empire Innovation Group, LLC (EIG), has selected TSYS Healthcare to support the launch and processing of the EIG debit card program. The program consists of the My Care CardSM for EIG’s fully funded HRA clients. EIG plans to offer each participant a My Care Card by the end of 2015. TSYS will provide card issuing, processing and related services.
“We are aggressively expanding our presence in the healthcare market, and sought a partner who provides us with strong payments industry insight, flexibility and speed-to-market,” said Nicholas Knab, chief executive officer and president for Empire Innovation Group. “Our relationship with TSYS positions us well for future growth while enhancing the overall participant experience using TSYS’ suite of real-time APIs and market leading HRA functionality.”
Empire Innovation Group, LLC is an innovative healthcare solutions company offering the Precision 360® platform to clients that are servicing account based health plans. The Precision 360® system is a customizable administration system that seamlessly bridges the functionality of traditional record-keeping and claims substantiation systems while providing cutting edge participant and employer facing technologies including responsive web portals and the HRAgo® mobile application.
“We welcome the opportunity to serve EIG,” said Trey Jinks, group executive for TSYS Healthcare. “This agreement strengthens our commitment to healthcare partners like EIG by helping position them for growth and change in the dynamic healthcare payments industry.”
About Empire Innovation Group, LLC
EIG has a clear focus on being an industry leader delivering advanced technological solutions to our clients and partners under a SaaS (Software as a Service) business model. Combining advanced technologies with a focused development strategy gives EIG a competitive edge to produce high performing, quality financial transaction software optimized for HRAs, HSAs and other account based healthcare products. EIG’s pledges to continue to bring new and innovative products to market with a keen focus on quality and performance.
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.