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Eufiserv Interbank Processing Business to Be Relaunched as Trionis
Brussels, September 23, 2008. First Data Corp., a global
leader in electronic commerce and payment services announced today
that its recently announced transaction with EUFISERV and
its 15 shareholders, which includes 12 European banks and banking
organisations, has now been completed. To reflect the new joint
ownership structure, the EUFISERV Interbank processing business
has been renamed Trionis.
Under the terms of the transaction, First Data has acquired a 50
per cent equity stake in EUFISERVs Interbank processing business.
Ernst Verbeek, formerly vice president, Interbank Processing Services
at First Data, and Petter N. Johansen, formerly managing director
at EUFISERV, have been appointed by the shareholders, as managing
director and chairman respectively. The new Trionis Board is made
up of the chairman, the managing director and representatives from
the original EUFISERV shareholders and First Data.
"Trionis represents a constellation" explains Ernst Verbeek,
"and we chose this name as we felt it was a great reflection
of our vision for our organization, in the sense that it describes
the concept of building connectivity from a network in an open skies
environment."
Trionis will be based in Brussels, operating out of the former
EUFISERV premises. As part of the transaction Trionis products
and services will be promoted through the First Data sales-force
across Europe in addition to being offered through a dedicated sales
team within the Trionis organisation.
Petter N Johansen, chairman of the re-launched organisation commented
"With First Data joining together with the former EUFISERV
shareholders, we are now in a position to offer a unique Interbank
payment card switching service throughout the Single Euro Payments
Area and beyond. We already have plans in place to expand and develop
the network, formerly operated by EUFISERV".
The Trionis Network will provide extensive European coverage for
its clients. The company plans to link the former EUFISERV network
to First Datas network, which could enable access to up to
74,000 ATMs, 1.5m point-of-sale terminals and 165 million card accounts
across Europe.
EUFISERV formerly operated an ATM card scheme that provides cardholders
from member banks with access to cash at more than 60,000 ATMs in
nine European countries. In line with SEPA requirements, the EUFISERV
card scheme has already been spun off into a separate company, EUFISERV
PAYMENTS SCRL, which is owned by the fifteen original EUFISERV shareholders.
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About EUFISERV
EUFISERV formerly operated an ATM card scheme that provides cardholders
from member banks with access to cash at more than 60,000 ATMs in
nine European countries. In line with SEPA requirements, the EUFISERV
card scheme has already been spun off into a separate company, EUFISERV
PAYMENTS SCRL. More on www.EUFISERV.com
About First Data
First Data is a global technology leader in information commerce.
The company processes transaction data of all kinds, harnesses the
power of that data and delivers innovations in secure infrastructure,
intelligence and insight for its customers. With operations in 37
countries, First Data serves more than 5.4 million merchant locations
and more than 2,000 card issuers and their customers. It powers
the global economy by making it easy, fast and secure for people
and businesses around the world to buy goods and services using
virtually any form of payment. The companys portfolio of services
and solutions includes merchant transaction processing services;
credit, debit, private-label, gift, payroll and other prepaid card
offerings; fraud protection and authentication solutions; electronic
check acceptance services through TeleCheck; as well as Internet
commerce and mobile payment solutions. The companys STAR Network
offers PIN-secured debit acceptance at 2.1 million ATM and retail
locations. Through First Datas centers of excellence, such
as security, analytics, customer loyalty and mobile payments, it
offers data-driven commerce solutions for customers around the globe.
For more information, visit www.firstdata.com.
About Trionis
Trionis offers the issuers of 165m cards access to cash at more
than 74,000 ATMs across Europe. Trionis provides processing services
to its users for switching POS and ATM card payment transactions
on EUFISERV and all other payment card brands. Trionis is a Brussels-based
company owned by retail banks from nine European countries, the
European Savings Banks Group and First Data. Its mission is to develop,
maintain and operate international payment services for the financial
industry. More on www.trionis.com
Media Contacts
For Trionis
Dirk Smet
Tel: +32 (0)2 211 11 90
dirk.smet@savings-banks.com
For First Data
Emma Reynolds
Hill & Knowlton PR<
Tel: +44 20 7413 3153
Emma.reynolds@hillandknowlton.com
Suzi West, Director Marketing & Communications
First Data
Tel: +44 1268 297179
Suzi.west@firstdatacorp.co.uk
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