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11.09.06 | TRANSFIRST Ranked as One of the Top 100 Providers to the Financial Services Industry for Third Consecutive Year
Ranking showcases TRANSFIRST's record growth and proven leadership in the payment processing industry
DALLAS (November 9, 2006) — Dallas-based TRANSFIRST, a leading provider of transaction processing services and payment enabling technologies, has been ranked 23rd in the 2006 FinTech 100, an annual industry ranking developed and published by American Banker and Financial Insights. The ranking includes the top 100 global technology and service providers to the financial services industry. In 2006, TRANSFIRST strengthened its position as a leader in the financial services industry by improving its position from 30th in 2005.
The recently published ranking is based on revenue data, applications/services, vendor/product reputation, adherence to industry standards, number of clients in banking, number and value of acquisitions within financial services, market capitalization and changes to market capitalization.
"We're honored to be recognized for our continued strides in payment processing solutions," said Thomas Rouse, chief executive officer of TRANSFIRST. "Establishing ourselves as an industry leader is important to all of us, and I am very pleased that our efforts are yielding consumer confidence, quality advancements in payment processing and sustained growth for our company."
TRANSFIRST processes more than $23 billion in annual volume and serves more than 160,000 merchants and 965 financial institutions. In the coming year, TRANSFIRST will continue to work toward V10 goals-a strategy designed to further grow the company through meaningful partnerships and focus on offering quality customer service and innovative technology.
About TRANSFIRST
A premier provider of transaction processing services and payment enabling technologies, TRANSFIRST offers a first-rate suite of products and services and customized processing programs uniquely tailored for the special business needs of financial institutions, independent sales organizations and agents and its referral and reseller partners. Through its in-depth industry knowledge, partnership strategy and innovative solutions, TRANSFIRST provides a specialized approach to transaction processing for healthcare providers, public entities, online and other non-traditional merchants, as well as brick and mortar retailers. Founded in 1995, TRANSFIRST is a market leader in strategic mergers and acquisitions, which has allowed the company to gain significant market share and world-class expertise in growing and profitable industry segments. Built on a platform of personal service, customer commitment and flexible pricing, TRANSFIRST is headquartered in Dallas, Texas, and has operations facilities in Louisville, Colo., Omaha, Neb., Kansas City, Kan., Newport Beach, Calif., Milwaukee, Wis. Company wide, TRANSFIRST currently processes approximately $23 billion in annual sales volume for more than 160,000 merchants and more than 965 financial institutions. TRANSFIRST can be reached at 1-800-745-2659 or at www.TRANSFIRST.com.
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