First Data Corp., a global payments leader, announced that its card issuing
services subsidiary, First Data Resources, has selected leading industry
executive FranÃ§ois Dutray as senior vice president of global smart cards.
Dutray will lead First DataÂs efforts to build a worldwide, end-to-end chip
enabled solution that supports multi-application card issuance and the
authentication, authorization and processing of transactions.
ÂWe are confident that under FranÃ§oisÂ leadership, First Data will
lead the way in providing advanced chip technology that enables issuers to
successfully launch smart card programs,Â said Eula L. Adams, senior executive
vice president of First Data Corp. and the head of worldwide card operations.
Prior to joining First Data, Dutray served as vice president and general
manager of worldwide smart card solutions for Motorola and was also
instrumental in developing a global smart card product and service strategy
Visa International. As a strong chip technology supporter, Dutray has served
on the board of directors of several European companies all instrumental in
the manufacturing, distribution and processing of smart cards.
ÂIÂm pleased to be affiliated with a company as innovative as First Data
looking forward to directing the smart card strategy,Â Dutray said.
Since 1997, First Data has a built a strong infrastructure to achieve its goal
of providing advanced smart card technology to issuers and acquirers
First Data was the first U.S. processor certified by both Visa and MasterCard
to support the issuance of multi-application cards using the Java/Open
and MULTOSTM technologies. Worldwide, First Data plays an integral role in
partnering with issuing and acquiring financial institutions for chip
personalization, card issuance, card processing, and the maintenance and
validation of digital certificates. At year end 2001, First Data had supported
more than 10 million smart card accounts on file worldwide and approximately
40,000 smart card point-of-sale terminals throughout Europe and Australia.
About First Data
First Data Corp. (NYSE: FDC), with global headquarters in Denver, powers the
global economy. As the leader in electronic commerce and payment services,
First Data serves approximately 2.8 million merchant locations, 1,400 card
issuers and millions of consumers, making it easier, faster and more secure
people and businesses to buy goods and services using virtually any form of
payment. With 29,000 employees worldwide, the company provides credit, debit,
smart card and stored-value card issuing and merchant transaction processing
services; Internet commerce solutions; Western UnionÂ® money transfers and
orders; and check processing and verification services throughout the United
States, United Kingdom, Australia, Canada, Mexico, Spain and Germany. Its
transfer agent network includes approximately 120,000 locations in more than
185 countries and territories. For more information, please visit the
Web site at www.firstdata.com.