Fifth Third Bank 2007 Annual Report Download - page 17

Download and view the complete annual report

Please find page 17 of the 2007 Fifth Third Bank annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 104

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104

Forover30years,
FifthThirdProcessingSolutionshasbeen
apremiersourceofpaymentacceptance
servicesforleadingbusinesses
nationwide,providingelectronic
fundstransfer(EFT),debit,creditand
merchanttransactionprocessingfor
FifthThirdandFifthThirdmerchant
andnancialinstitutioncustomers.
ProcessingSolutionsprovidesitsclients
withthehighestqualitytransaction
processingsolutionsavailablethrougha
completeglobalpaymentssolution.Our
fullyownedandoperatedprocessing
platforms,paymentconsultants,and
managementanddevelopmentteams
continuetocreatenewtechnology
toofferunmatchedexibilityand
customizationinordertofulllourclients’
currentandfutureneeds.FifthThird
ProcessingSolutionsprovidesitsclients
withaonepointconnectiontodeliver
fullyredundant,end-to-endcredit,PIN
debit,EFTandgiftcard/storedvalue
processing.ProcessingSolutionsalso
managesFifthThird’sdebitandcredit
cardissuingbusinessesandoperatesthe
ATMandpoint-of-salenetwork.
FifthThirdProcessing
Solutionsoperatesthreeprimary
businesses–MerchantServices,Financial
InstitutionServicesandCardServices.
FifthThird’sMerchantServicesGroup
providescardacceptancesolutionsto
thenation’stopretailersandbusinesses.
Ourexiblesystemarchitectureand
processingfeaturesarecapableof
meetingtherequirementsofany
business.Inadditiontoacquiring
solutions,ProcessingSolutionsoffers
exibleproprietary/privatelabel
programs,co-brandingprogramsand
agentbankcreditcardprograms.Our
FinancialInstitutionandCardServices
groupscombinetoprovideacomplete
globalpaymentssolutiondeliveredwitha
consultativeapproach.Clientsareoffered
afullarrayofcapabilitiesincluding
correspondentbankingservices,
automatedtellermachineprocessing,
networkgatewayaccess,fraudand
imageservicesandinternationalbanking.
FifthThirdisable
toleverageoursignicantmarket
positionanddistributioncapabilitiesto
assistexistingfranchisecustomers
andgainnewones.Wearecreatinga
moreeffectivecross-sellingandproduct-
bundlingplatformtostrengthencurrent
customerrelationshipsandcapture
thecompleteprocessingbusiness
fromnewcustomers.Weareableto
demonstrateexceptionalvalueby
leveragingourin-houseexpertiseand
workingwithclientstohelpthem
efcientlymanagetheirmerchantand
EFTbusinesseswhileourscaleenables
ustobehighlyprice-competitive.
2007 Highlights
• $736 million total revenue
• $153 million net income
• 26.7 billion ATM and point
of sale transactions
• $267 billion annual debit and
credit card volume
• 42 million gift card
transactions processed
• 42 million debit cards issued
• 155,900 merchant locations
• 11,000 automated teller
machines supported in 43
states and 11 countries
• 2,600 financial institution clients
Fifth Third Processing Solutions


payment
sOlutiOns
Celebrating 150 Years | 