TSI India was founded in April 2005 by Paul Boyatzis and Gary Foster, Australian nationals with considerable experience in the financial services industry.
Based on their knowledge of financial markets in more developed countries, TSI was formed to take advantage of the opportunity to create shareholder value by creating scalable operations in the field of e-transactions and payments within India.
At the time of entering India, TSI was first to market with its unique recurring revenue outsourcing model, focussed on partnering with Banks to increase the size of its bank branded ATM network.
Today, TSI India remains firmly entrenched in the e-transaction sector, working with 35 tier 1 banks for Bank branded ATM deployment along with its automated bill payment solutions for utility companies.
Recently, TSN has decided to expand its business and pursue opportunities in cyber security.