Bank of Hawaii Renews First Data STAR(R) Network Relationship
DENVER--(BUSINESS WIRE)--Jan. 17, 2006--Electronic commerce and payments leader First Data Corp. (NYSE:FDC) today announced that Bank of Hawaii Corp. (NYSE:BOH) has renewed its relationship with the STAR(R) Network (STAR) for PIN-secured debit services. Bank of Hawaii is the largest independent financial institution in the state of Hawaii.
The renewal extends Bank of Hawaii's current membership in the First Data STAR Network and reflects the financial institution's continued confidence in STAR as a leading provider of PIN-secured debit access through ATMs and at the point-of-sale (POS).
"We are delighted that Bank of Hawaii has chosen to renew its relationship with STAR," said Debra Janssen, president of First Data Debit Services. "As a valued member of the STAR Network, Bank of Hawaii will continue to benefit from our comprehensive debit offerings and extensive network."
First Data and the STAR Network serve more than 5,700 financial institutions across the U.S. and provide cardholders with account access at approximately 1.9 million ATMs and retail locations. There are 134 million cards carrying the STAR logo.
"We look forward to continuing to work with STAR and First Data," said Bob Makahilahila, senior vice president of Bank of Hawaii. "Providing reliable and innovative PIN-secured debit services is an important part of our commitment to offer customers first rate products and services."
About First Data
First Data Corp. (NYSE:FDC) is a leading provider of electronic commerce and payment solutions for businesses and consumers worldwide. Serving 4.1 million merchant locations, 1,500 card issuers and millions of consumers, 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 credit, debit, private-label, smart and stored-value card issuing and merchant transaction processing services; money transfer services; money orders; fraud protection and authentication solutions; check guarantee and verification services through TeleCheck; as well as Internet commerce and mobile solutions. Western Union and its subsidiary, Orlandi Valuta, together make up one of the world's largest money transfer networks with approximately 250,000 Agent locations in more than 200 countries and territories. The company's STAR Network offers PIN-secured debit acceptance at approximately 1.9 million ATM and retail locations. For more information, visit www.firstdata.com.
About Bank of Hawaii
Bank of Hawaii Corporation is a regional financial services company serving businesses, consumers and governments in Hawaii, American Samoa and the West Pacific. The company's principal subsidiary, Bank of Hawaii, was founded in 1897 and is the largest independent financial institution in Hawaii. For more information about Bank of Hawaii Corporation, visit the company's web site: https://www.boh.com.