ATLANTA--(BUSINESS WIRE)--June 1, 2006--NOVA Information Systems
(NOVA), a wholly owned subsidiary of U.S. Bancorp (NYSE:USB), today
announced that its European affiliate, euroConex, has been awarded the
title of "Merchant Acquirer of the Year" at the Cards International
Global Awards event held in Milan, Italy. The panel of judges cited
the company's strong international expansion and high cross-border
competence as the main drivers for the decision.
Ketil Fridheim, CEO, euroConex Nordic and head of European
marketing, was present to accept the award. "I am immensely proud that
euroConex was selected as Merchant Acquirer of the Year," commented
Fridheim. "This is an important source of inspiration for us as we
continue our aggressive pan-European growth strategy whilst providing
the best possible service to our customers."
The Cards International Global Award is an annual event. The award
has been established by the international card industry, and the jury
consists of an international panel of judges and commentators. Each
year the winners are announced during the annual gala dinner, which
this year took place in Milan.
euroConex has demonstrated a successful acquisitions model over
the past few years, acquiring the merchant processing portfolios of
leading financial institutions including Alliance & Leicester in the
United Kingdom, Bank of Ireland, Cardpoint in Poland, SEB/Europay in
Norway, and Citibank Card Acceptance. There are currently more than
200,000 merchant locations in the euroConex portfolio.
NOVA Information Systems, a leader in the payment processing
industry is a wholly owned subsidiary of U.S. Bancorp (NYSE: USB).
Combined, NOVA and its affiliates First Horizon Merchant Services,
euroConex and Elan provide global merchant processing services to
financial institutions and clients in the United States, Canada, and
Europe. NOVA offers integrated payment processing services to more
than 1,000,000 merchants worldwide. For more information, visit
euroConex Technologies, Ltd is the European affiliate of NOVA
Information Systems and a wholly owned subsidiary of U.S. Bancorp. The
company provides an integrated payments processing service to
financial institutions and merchants across Europe using a
multi-currency platform. In addition to point of sale and e-commerce
solutions, euroConex also provides a range of specialist
multi-currency products including Dynamic Currency Conversion (DCC).
For more information visit www.euroconex.com.
CONTACT: NOVA Information Systems
Steve Dale, 612-303-0784
SOURCE: NOVA Information Systems