USAA to Implement MasterCard IPS Processing Platform
02 Novembro 2009 - 11:30AM
PR Newswire (US)
Financial Institution to Exercise Platform's Full Debit Issuer
Processing Services PURCHASE, N.Y., Nov. 2 /PRNewswire-FirstCall/
-- MasterCard Worldwide today announced that USAA Federal Savings
Bank will implement MasterCard Integrated Processing Solutions(TM)
(IPS), the company's world-class debit processing platform. USAA
will employ the full capabilities of the platform's branded network
and issuer processing services in support of signature and PIN
debit, and ATM driving. (Logo:
http://www.newscom.com/cgi-bin/prnh/20061031/MCLOGO ) "We believe
that the capabilities of MasterCard IPS will position USAA to
address and adapt to the unique and changing payment needs of our
members around the globe while offering the most advanced
services," said David Bohne, President, USAA Federal Savings Bank.
MasterCard IPS is designed to help financial institutions create
differentiated products and services and expand their payment
portfolios across multiple business channels with efficient
administration and minimal infrastructure investment. Issuers will
be able to save considerable time and resources when designing and
deploying new products and services by simply providing data for
the platform's pre-determined parameters. With its proprietary
Portfolio Viewer tool, IPS delivers a 360-degree view of aggregated
cardholder intelligence across debit and prepaid products that can
help issuers customize their offerings. "By implementing the debit
card processing capabilities of MasterCard IPS, USAA will be able
to strengthen its ability to quickly deliver the innovative
products and services critical to maintaining its competitive
edge," said Chris McWilton, President, U.S. Markets, MasterCard
Worldwide. "USAA is widely known for its rigorous business
standards and highest level of member service, and we believe this
expanded relationship will increase the value it will deliver to
its loyal customer base." With more than $31 billion in deposits as
of Mar. 31, 2009, USAA Federal Savings Bank is the 23rd largest
bank in the nation. USAA has been recognized by BusinessWeek for
the past three years as a "Customer Service Champ," highlighting
the association's legendary commitment of providing highly
competitive financial products for 7.2 million members. USAA joins
a growing list of issuers that have implemented MasterCard IPS. In
May 2009, The Travelex Group, the world's largest distributor of
foreign currency prepaid cards, announced that it will implement
the global prepaid transaction processing capabilities of
MasterCard IPS to support new and existing consumer and corporate
MasterCard Cash Passport(TM) cards. In December 2008, Swiss Bankers
Prepaid Services Ltd. became the first financial institution to
take advantage of the platform's global prepaid transaction
processing capabilities. This followed the announcement of a
brand-exclusive MasterCard IPS implementation by Security Service
Federal Credit Union, the 10th largest credit union in the United
States. MasterCard IPS has been named to the "InfoWorld 100," an
award that recognizes information technology projects that use
technology in smart, innovative and creative ways to meet business
and technical objectives. About MasterCard Worldwide MasterCard
Worldwide advances global commerce by providing a critical economic
link among financial institutions, businesses, cardholders and
merchants worldwide. As a franchisor, processor and advisor,
MasterCard develops and markets payment solutions, processes
approximately 21 billion transactions each year, and provides
industry-leading analysis and consulting services to
financial-institution customers and merchants. Powered by the
MasterCard Worldwide Network and through its family of brands,
including MasterCard®, Maestro® and Cirrus®, MasterCard serves
consumers and businesses in more than 210 countries and
territories. For more information go to http://www.mastercard.com/.
Forward-Looking Statements Statements in this press release which
are not historical facts, including statements about MasterCard's
plans, strategies, beliefs and expectations, are forward-looking
and subject to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. Forward-looking statements speak
only as of the date they are made. Accordingly, except for the
company's ongoing obligations under the United States federal
securities laws, the company does not intend to update or otherwise
revise the forward-looking information to reflect actual results of
operations, changes in general economic or industry conditions,
changes in financial condition, changes in estimates, expectations
or assumptions or other circumstances arising and/or existing since
the preparation of this press release or to reflect the occurrence
of any unanticipated events. Such forward-looking statements
include, without limitation: -- the ability of MasterCard IPS to
enable financial institutions to create differentiated products and
services across multiple business channels with efficient
administration and minimal infrastructure investment; -- the
ability of MasterCard IPS to enable financial institutions to save
considerable time and resources when designing and deploying new
products and services by providing data for the platform's
pre-determined parameters; and -- the ability of MasterCard IPS to
enable financial institutions to strengthen their ability to
quickly deliver the innovative products and services critical to
maintaining a competitive edge. Actual results may differ
materially from such forward-looking statements for a number of
reasons, including those set forth in the company's filings with
the Securities and Exchange Commission (SEC), including the
company's Annual Report on Form 10-K for the year ended December
31, 2007, the Company's Quarterly Reports on Form 10-Q and Current
Reports on Form 8-K that have been filed with the SEC during 2008,
as well as reasons including difficulties, delays or the inability
of the company to achieve its strategic initiatives set forth
above. Factors other than those listed above could also cause the
company's results to differ materially from expected results. Media
Contacts: Tristan Jordan, MasterCard Worldwide, Tel. +1 914 249
5724,
http://www.newscom.com/cgi-bin/prnh/20061031/MCLOGODATASOURCE:
MasterCard Worldwide CONTACT: Tristan Jordan of MasterCard
Worldwide, +1-914-249-5724, or Web Site: http://www.mastercard.com/
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