Article: FIRST TENNESSEE BANK SIGNS AGREEMENT WITH NATIONAL DATA FOR PAYMENT PROCESSING SERVICES

ATLANTA, Oct. 18 /PRNewswire/ -- National Data Corporation (NYSE: NDC), today announced that it has signed an agreement to provide a variety of payment systems services to First Tennessee Bank.

As part of the agreement National Data will provide voice and electronic authorization services for a number of the Memphis-based bank's merchant customers. "First Tennessee Bank sees National Data services as a complement to the products and services we have developed for our proprietary authorization platform," said Steve Demaree, senior vice president, for the Merchant Services Division. "As the marketplace continues to focus on point-of-sale system interfaces, we ...

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