|[June 30, 2010]
American Express Expands its Relationship with FIS' NYCE Payments Network
SECAUCUS, N.J. --(Business Wire)--
today announced that American Express (News - Alert) Travel Related Services, Inc. is
now an issuing participant on the NYCE ATM network. The agreement
includes priority routing to NYCE Payments Network, LLC, a leading U.S.
electronic payments network and an FIS™
company. FIS is one of the world's largest providers of banking and
"American Express places a premium on facilitating convenient access to
cash and account services information, and NYCE has been a strong ally
in meeting this need for our customers," said Marek Luba, vice president
and general manager, American Express Global ATM Services. "This new
expanded partnership with NYCE allows American Express to further
enhance our operational capabilities and economies of scale."
"NYCE is proud to be a trusted network provider and has a long history
of delivering superior service and payment solutions that support the
specific needs of our clients and their customers," said Frank
D'Angelo, executive vice president, FIS Payment Solutions Group. "As
a leading payments network, NYCE will continue to provide premier cash
access services to American Express Cardmembers, including cash advances
and withdrawals, at hundreds of thousands ATM locations."
American Express Company is a leading global payments, network and
travel company founded in 1850. American Express Cardmembers can access
more than 800,000 ATMs around the world. For more information, visit www.americanexpress.com.
NYCE Payments Network, LLC, an FISTM
company, helps its clients grow with innovative new products and
strategic alliances that enable them to capitalize on the efficiency,
consumer convenience and security of electronic real-time payments. The
NYCE Network provides consumers with secure, real-time access to their
money, offering hundreds of thousands of ATM locations and millions of
point-of-sale locations nationwide. The NYCE Direct Bill Payment service
offers cardholders a convenient way to pay bills online in real-time
using their deposit accounts. Headquartered in Secaucus, N.J., NYCE
Payments Network, LLC, (www.nyce.net)
is a wholly owned subsidiary of FIS (NYSE:FIS).
FIS delivers banking and payments technologies to more than 14,000
financial institutions and businesses in over 100 countries worldwide.
FIS provides financial institution core processing, and card issuer and
transaction processing services, including the NYCE® Network.
FIS maintains processing and technology relationships with 40 of the top
50 global banks, including nine of the top 10. FIS is a member of
Standard and Poor's (S&P) 500® Index and consistently
holds a leading ranking in the annual FinTech 100 rankings.
Headquartered in Jacksonville, Fla., FIS employs more than 30,000 on a
global basis. FIS is listed on the New York Stock Exchange under the
"FIS" ticker symbol. For more information about FIS see www.fisglobal.com.
This news release contains forward-looking statements that involve a
number of risks and uncertainties. Statements that are not historical
facts, including statements about our beliefs and expectations, are
forward-looking statements. Forward-looking statements are based on
management's beliefs, as well as assumptions made by, and information
currently available to, management. Because such statements are based on
expectations as to future economic performance and are not statements of
fact, actual results may differ materially from those projected. We
undertake no obligation to update any forward-looking statements,
whether as a result of new information, future events or otherwise. The
risks and uncertainties which forward-looking statements are subject to
include, but are not limited to: changes in general economic, business
and political conditions and other risks detailed in the "Statement
Regarding Forward-Looking Information," "Risk Factors" and other
sections of the Company's Form 10-K and other filings with the
Securities and Exchange Commission.
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