Emrick Joins Fifth Third Processing Solutions as Senior Vice President of Business Development

CINCINNATI, Feb. 26 /PRNewswire/ -- Fifth Third Processing Solutions is pleased to announce that Tony Emrick has joined the company as Senior Vice President of Business Development.  Mr. Emrick brings to the company more than 22 years of electronic payments experience.  Most recently, Mr. Emrick served as President of the STAR Network, owned by First Data Corporation.

"We are very excited to have Tony join the Financial Institutions team.  He brings vast knowledge and experience to our Business Development function," said Charles Drucker, CEO, Fifth Third Processing Solutions.  "Tony is joining our company at an important time in our history as we continue making investments in our technology platforms and infrastructure to deliver world class solutions to our processing partners.  I have every confidence that under his direction, we will accelerate our leading position in the payment processing industry."

During Mr. Emrick's 13 years at First Data, he served in a number of sales and customer relations positions, including most recently as head of First Data's STAR Network.  During his tenure at First Data, Mr. Emrick was responsible for debit processing sales at Electronic Processing Services (EPS) and the MAC Network, large account sales for Concord EFS, and Debit Services Sales and Relationship Management for First Data Debit Services.  Prior to joining First Data, Emrick served as sales and relationship management executive at Magic Line, an EFT Network that was purchased by NYCE.  Emrick started his career at Midwest Payment Systems, now known as Fifth Third Processing Solutions, holding a number of sales and management positions during his 7 years there.

Fifth Third Processing Solutions, LLC delivers innovative payment transaction processing and acceptance solutions to create and support complex payment strategies for merchants, businesses, and financial institutions around the world. A pioneer in card payment acceptance in the early 1970s, Fifth Third Processing Solutions is headquartered in Cincinnati, Ohio and is a joint venture with Advent International and Fifth Third Bank, a subsidiary of Fifth Third Bancorp (FITB)

As a premier full service payment solutions provider, the Company provides servicing solutions and product engineering for financial institutions' and retailers' credit card, debit card, merchant and private label programs processing over 33.3 billion ATM and point of sale transactions and over $315.5 billion in debit and credit card sales volume annually. The Company supports over 180,000 merchant and financial institution locations and 11,000 ATMs in 44 states and 11 countries. According to the Nilson Report (March 2009), the Company is the fourth largest U.S. merchant purchase transaction acquirer. Learn more at www.FTPSLLC.com.

SOURCE Fifth Third Processing Solutions

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