Within our Issuer Solutions segment, we supply payment services to financial institutions, including card
issuer processing, payment network processing, fraud protection, card production, prepaid program management, ATM driving, and network gateway and switching services that utilize our proprietary Jeanie PIN debit payment network.
Technology Solutions segment serves a diverse set of merchants that primarily accept payments through advanced technology-enabled solutions, typically encompassing
card-not-present (CNP) eCommerce and mobile solutions, integrated payments, or electronic
business-to-business payments solutions. Within this segment, we enable payments to merchants primarily by integrating into their global eCommerce environments or
through their enterprise software.
Our Technology Solutions client base is highly diversified with low client concentration and includes
global enterprises as well as small to medium sized businesses. Our Technology Solutions segment utilizes broad and varied distribution channels, including direct sales forces as well as multiple referral partner relationships that provide us with a
growing and diverse client base.
Our Merchant Solutions segment serves a diverse set of merchants that primarily accept payments
in-store within the U.S. and U.K., including complex multi-lane retail environments. Within this segment, we enable payments to merchants primarily through integration into technology environments that include
Our Merchant Solutions client base has low client concentration and is heavily weighted in non-discretionary everyday spend categories, such as grocery and pharmacy, and includes thirteen of the United States top 25 national retailers by revenue in 2018. Our Merchant Solutions segment utilizes broad
and varied distribution channels, including direct sales forces and multiple referral partners.
Our Issuer Solutions segment provides card issuer processing, payment network processing, fraud protection and card production to a diverse set
of financial institutions, including regional banks, community banks, credit unions and regional personal identification number (PIN) networks. We process and service a wide range of credit, debit, ATM and prepaid transactions for our
clients, and also provide card and statement production, collections and inbound/outbound call centers. Other services we provide include ATM driving, portfolio optimization, data analytics and card program marketing. We also provide network gateway
and switching services that utilize our Jeanie PIN network, which offers real-time electronic payment, network bill payment, single point settlement, shared deposit taking and customer select PINs.
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