Electronic commerce and payments leader First Data Corp. (NYSE:FDC) has announced that it has hired Max Narro as senior vice president, Product, Marketing and Industry for First Data Resources. Narro will join the company in mid-February.

Narro was most recently president, Credit Processing Services for FISERV, where he was responsible for creating and directing current and long-term operational plans and growth strategies for the business unit. During his nine years with the company, Narro also served as corporate vice president of Sales and Marketing and vice president of Operations. Prior to FISERV, he spent more than a decade with Southern States Cooperative in various senior level positions, including General Credit Manager and Assistant Treasurer. He also has experience in retail banking.

?We're very excited to welcome Max to the First Data family,? said Susan Henricks, president, First Data Resources. ?He brings a tremendous amount of experience and expertise in credit, financial, wholesale and retail operations management. His background in marketing strategies and market positioning will be of great value as we continue to solidify First Data Resources' leadership position in the financial services industry.?

About First Data

First Data Corp. (NYSE: FDC) is a leading provider of electronic commerce and payment solutions for businesses worldwide. Serving 4.9 million merchant locations, 1,900 card issuers and their customers, First Data powers the global economy by making it easy, fast and secure for people and businesses around the world to buy goods and services using virtually any form of payment. The company's portfolio of services and solutions includes merchant transaction processing services; credit, debit, private-label, gift, payroll and other prepaid card offerings; fraud protection and authentication solutions; electronic check acceptance services through TeleCheck; as well as Internet commerce and mobile payment solutions. The company's STAR Network offers PIN-secured debit acceptance at 2 million ATM and retail locations. For more information, visit www.firstdata.com.

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