TSYS Executive to Speak on Fraud at World Healthcare IT Congress

November 4, 2009 8:30 AM EST

Attendees to hear perspectives from industry experts in payments and banking

MINNEAPOLIS & COLUMBUS, Ga.--(BUSINESS WIRE)-- TSYS Healthcare announced today that Mark O'Leary, senior vice president of business development, will speak about fraud at the 5th Annual World Healthcare IT Congress. Ralph Bernstein, senior vice president of U.S. Bank Healthcare Payment Solutions, will join O'Leary to provide his banking perspective on mitigating risk in healthcare payments.

Building upon a subject that is top of mind in the healthcare industry today, O'Leary and Bernstein will discuss how advances in payment technology (including the structure, tools, technology and standardization of payment cards) allow participants to authorize and confirm a payment in seconds while mitigating fraud from the beginning of the transaction.

For five years the World Healthcare Innovation and Technology Congress has brought together industry thought leaders to provide strategic insight into healthcare reform and the advancement of information technology. Featured on the agenda with O'Leary and Bernstein are President Bill Clinton and Newt Gingrich, along with more than 100 additional healthcare thought leaders during the course of the three-day event.

The 5th Annual World Healthcare Innovation and Technology Congress (WHIT v.5.0) is the premier industry event for senior executives tasked with making multi-million dollar IT decisions. WHIT v.5.0 will feature the latest innovations and initiatives to accelerate the adoption and implementation of information technology in health care settings. The event will be held November 8-10, 2009, at the Hilton Alexandria Mark Center in Alexandria, Va.

About TSYS

TSYS (NYSE: TSS) 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, healthcare, loyalty and prepaid services for financial institutions and retail companies in the Americas, EMEA and Asia-Pacific regions. For more information contact news@tsys.com or log on to www.tsys.com. TSYS routinely posts all important information on its Web site.

About TSYS Healthcare

TSYS Healthcare, based in Minneapolis, Minn., was created as a division of TSYS in 2007 to provide end-to-end solutions tailored to the emerging market of consumer-directed healthcare. TSYS Healthcare is a founding member of the Special Interest Group for IIAS Standards (SIGIS), formed in 2007 to enable real-time, auto-substantiation for eligible medical items purchased with a FSA/HRA payment card. The division provides financial institutions, insurers, participants and third-party administrators (TPAs) with the expertise and support to navigate all aspects of health savings accounts (HSAs), health reimbursement arrangements (HRAs), flexible spending accounts (FSAs) and lines of credit. Its new processing model enables consumers to use a single card to access their healthcare dollars.

    Source: TSYS Healthcare

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