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E-xact Announces PCI Compliance

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - May 30, 2007) - E-xact Transactions Ltd. (TSX VENTURE:EXZ), a leading provider secure payment gateway solutions, is pleased to announce that it has achieved full compliance with the Payment Card Industry (PCI) Data Security Standard (DSS).

PCI DSS was developed globally to ensure merchants and service providers adopt best practices to enhance their payment account security. It was developed in 2004 by the card association, which includes: American Express, Discover Financial Services, JCB, MasterCard Worldwide and Visa International. For more information about the PCI DSS visit www.pcisecuritystandards.org.

Being PCI compliant assures that with E-xact's products and technology, merchant and cardholder data is protected by the industry's highest security standards.


First Data to Provide Global Merchant Acquiring Solutions to Lenovo

DENVER--(BUSINESS WIRE)--First Data International, part of First Data Corp. (NYSE: FDC), a global leader in electronic commerce and payment services, announced today it has signed a three-year merchant processing agreement with Lenovo, an innovative, international technology company and the world's third-largest PC vendor. First Data will offer its payment processing solutions, from virtually anywhere in the world, to the company's worldwide Internet consumer and business clients.

Under the terms of the agreement, First Data will handle all e-commerce payment processing for Lenovo. All transactions and authorizations will route through First Data's global merchant processing platform. ABN AMRO, as First Data's primary banking partner for its global acquiring capability, will serve as the major acquiring bank, and will provide Lenovo its full suite of transaction banking solutions, including payments, treasury and investment management and trade services.


American Express Reshuffles Business Into Two Customer-focused ...

6/20/2007 12:36:38 PM In order to better position itself for growth, American Express Co. (AXP) said Wednesday that it has reorganized the company into two distinct customer-focused groups namely, Global Consumer Group and Global Business-to-Business Group. The company also reported some management changes to reflect the new organization structure.

The New York-based global payments, network and travel company said that the reorganization would come into effect from July 1, 2007.

Alfred Kelly, Jr., who has been promoted to president of American Express Co., will head the Global Consumer Group while Edward Gilligan, who is promoted to vice chairman of American Express Co., will head the Global Business-to-Business Group. Kelly and Gilligan will report to American Express Co., Chairman and CEO Kenneth Chenault.



 

 

 

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