LONDON, Sept. 8 /PRNewswire-FirstCall/ -- First Data Corp. (NYSE: FDC), a
global leader in electronic commerce and payment services, today announced the
extension of its processing agreement with Nationwide Building Society.
The contract signifies the continuation of First Data's long-term
relationship with Nationwide. First Data will process Nationwide's Visa
credit cards, as well as provide a full contact centre for all cardholders.
Paul Feldman, Nationwide divisional director of banking and general
insurance, commented, "Our decision to re-appoint First Data was based on a
track record of service quality since 1998, including its award winning call
centre. First Data has always taken a very flexible approach to our
requirements, ensuring that its offering is specifically tailored to the needs
of our customers. This agreement will put our members first in delivering
excellent service and will deliver best value from a relationship based on
partnership and collaboration."
Gerald Hawkins, president EMEA, First Data International, said, "The
extension of our contract with Nationwide illustrates our commitment to
developing long-term relationships and delivering processing customised to
client's requirements. Our full end-to-end service for card processing
continues to drive First Data forward as the first choice in the industry."
About First Data
First Data Corp. (NYSE: FDC), with corporate headquarters in Denver,
Colorado (USA) helps power the global economy. As a worldwide leader in
electronic commerce and payment services, First Data provides credit, debit,
private-label, smart and stored value card issuing and merchant transaction
processing services; Internet commerce solutions; money transfer and cheque
processing services globally. Its Western Union and Orlandi Valuta money
transfer networks include approximately 200,000 agent locations in more than
195 countries and territories. With more than 30,000 employees worldwide,
First Data has offices throughout Europe, Asia Pacific, Latin America and
North America.
About Nationwide
Nationwide Building Society is the UK's fifth largest mortgage lender and
ninth largest retail banking, saving and lending organisation by asset size.
Nationwide has over 100 billion pounds Sterling assets. Nationwide is the
largest building society in the world. With headquarters in Swindon, a second
major administrative centre at Northampton and a Branch network throughout the
country, Nationwide offers a broad range of retail financial services.
Mortgages, savings, current accounts, credit cards, life assurance, investment
products, personal loans and household insurance are all available from the
Nationwide Group. Nationwide has:
* 10m customers (of which over 10% are Internet bank users)
* 12m accounts.
* 15,000 employees.
Supporting a multi-channel access strategy using:
* Nearly 700 branches and 200 branch agencies.
* A large call centre operation.
* Approximately 2000 ATMs
* Internet bank
Nationwide offers a range of products and services designed to meet
members' financial needs and maintains an extensive branch network. This is
complemented by services available by phone, post, Internet using a PC or MAC,
WAP phones, PocketPC PDAs and TV Internet banking. Nationwide was the first
to launch an Internet banking service in the UK, first to have an Internet
banking service available through a TV and offered Europe's first PocketPC PDA
mobile banking service.
Nationwide is a mutually owned organisation. This means it belongs to its
members and is run for their benefit. It's this mutual status that makes
Nationwide different to the banks.
Further information on Nationwide can be obtained at http://www.nationwide.co.uk.
FDC-1
SOURCE First Data Corp.
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Related links:
http://www.firstdata.com
CONTACT:
Will Spiers of MS&L, +44 (0207) 8783156,
will.spiers@mslpr.co.uk, for First Data Corp.; or Liz Oakley of
First Data, +44 (0) 1268 296409, loakley@firstdatacorp.co.uk
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