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Press Release

Thursday, March 13, 2014

 First Data and IBC Renew Merchant Acquiring Relationship 

First Data, the global leader in payment technology and services solutions, and International Bank of Commerce (IBC), today announced that the companies signed a long-term extension for merchant services and payment solutions.

IBC has been a partner since 2004 and First Data will continue to provide innovative business solutions to enable the bank’s clients to accept all forms of payments and grow their businesses.

“IBC was founded in 1966 to meet the needs of small businesses and our continued relationship with First Data means that we will fulfill on our mission to ‘Do More’ for our customers and our communities,” said Dennis Nixon, Chairman and CEO of IBC.

“We are looking forward to providing dynamic solutions throughout the IBC footprint and taking our mutual clients into a new era of payments with our consultative approach,” said Brian Goudie, senior vice president, First Data Merchant Services. “IBC has been a pivotal partner for the last ten years and it is an honor to work with an organization that has made serving its community a business philosophy practiced companywide from the CEO to all employees.”

About IBC
IBC Bank–Laredo is a member of International Bancshares Corporation (NASDAQ: IBOC), a $12.1 billion multi-bank financial holding company headquartered in Laredo, Texas, with 216 facilities and more than 320 ATMs serving 88 communities in Texas and Oklahoma. More information is available at www.ibc.com. Visit us on our YouTube Channel, IBCBankWeDoMore. MEMBER FDIC / INTERNATIONAL BANCSHARES CORPORATION.

About First Data
Around the world, every second of every day, First Data makes payment transactions secure, fast and easy for merchants, financial institutions and their customers. First Data leverages its vast product portfolio and expertise to drive customer revenue and profitability. Whether the choice of payment is by debit or credit card, gift card, check or mobile phone, online or at the checkout counter, First Data takes every opportunity to go beyond the transaction. More information about the company is available on FirstData.com as well as on Twitter, LinkedIn, Facebook and YouTube.