U.S. Bank Home   Customer Service   Contact Us   Locations   Careers   About U.S. Bancorp   
U.S. Bank

Search
 
About



About



Related Links
Careers at U.S. Bancorp
Community Relations
Corporate Governance
Resources
IR Tool Kit
Print PagePrint Page
E-mail PageE-mail Page
RSS FeedsRSS Feeds
IR ContactsIR Contacts


Printer Friendly Version View printer-friendly version
<< Back
American Airlines Selects NOVA Information Systems for Credit Card Processing

Airline Chooses NOVA for Processing and Customer Support Services

ATLANTA--(BUSINESS WIRE)--April 16, 2007--NOVA Information Systems (NOVA), a wholly owned subsidiary of U.S. Bancorp (NYSE:USB), today announced that American Airlines (NYSE:AMR) has entered into a multi-year credit card processing services agreement for its domestic bankcard business. In addition to performing all clearing and settlement functions, NOVA will provide a full range of services, including customer support and chargeback processing.

"We were impressed with the expertise and professionalism of the NOVA organization as well as their vision for a global processing solution," said Marc Sullivan, managing director, Revenue Accounting and Control, American Airlines. "We are confident that NOVA will provide excellent service, and we look forward to building a lasting relationship."

NOVA and euroConex, its European affiliate, currently provide processing services to 87 airlines worldwide, with more than 40 airlines operating in the United States. NOVA has made significant investments in technology and resources to enable it to accommodate the needs of international merchants.

"We are proud that American Airlines, the world's largest airline, selected NOVA as its processing partner," said Stuart C. Harvey, Jr., president, NOVA. "Our experience in serving more than 80 airlines worldwide translates to an understanding of the unique processing requirements for the industry."

About American Airlines

American Airlines is the world's largest airline. American, American Eagle and the AmericanConnection(R) airlines serve 250 cities in over 40 countries with more than 4,000 daily flights. The combined network fleet numbers more than 1,000 aircraft. American's award-winning Web site, AA.com, provides users with easy access to check and book fares, plus personalized news, information and travel offers. American Airlines is a founding member of the oneworld(R) Alliance, which brings together some of the best and biggest names in the airline business, enabling them to offer their customers more services and benefits than any airline can provide on its own. Together, its members serve more than 600 destinations in over 135 countries and territories. American Airlines, Inc. and American Eagle Airlines, Inc. are subsidiaries of AMR Corporation.

AmericanAirlines, American Eagle, AmericanConnection, AA.com and AAdvantage are registered trademarks of American Airlines, Inc. (NYSE:AMR).

About NOVA

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 www.novainfo.com.


    CONTACT: NOVA Information Systems
             Michelle Graff, 678-731-5064
             michelle.graff@novainfo.com

    SOURCE: NOVA Information Systems
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding U.S. Bancorp's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.



The information that is on or available through this site is for informational purposes only and speaks only as of the particular date or dates of that information. We do not guarantee the accuracy or completeness of information on or available through this site, and we are not responsible for inaccuracies or omissions in that information or for actions taken in reliance on that information. U.S. Bancorp does not undertake an obligation, and disclaims any duty, to update any of the information on or available through this site.

This site is supported through the use of Microsoft Internet Explorer Browser, version 6.x or higher. Use of older or other browsers may cause pages to improperly display. We regret any inconvenience that this may cause.





Privacy Pledge   |   © 2010 U.S. Bancorp Site Map   |   Careers