Mr. Emrick brings to the company more than 22 years of electronic payments experience. Most recently, Mr. Emrick served as President of the STAR Network, owned by First Data Corporation.

"We are very excited to have Tony join the Financial Institutions team. He brings vast knowledge and experience to our Business Development function," said Charles Drucker, CEO, Fifth Third Processing Solutions. "Tony is joining our company at an important time in our history as we continue making investments in our technology platforms and infrastructure to deliver world class solutions to our processing partners. I have every confidence that under his direction, we will accelerate our leading position in the payment processing industry."

During Mr. Emrick's 13 years at First Data, he served in a number of sales and customer relations positions, including most recently as head of First Data's STAR Network. During his tenure at First Data, Mr. Emrick was responsible for debit processing sales at Electronic Processing Services (EPS) and the MAC Network, large account sales for Concord EFS, and Debit Services Sales and Relationship Management for First Data Debit Services. Prior to joining First Data, Emrick served as sales and relationship management executive at Magic Line, an EFT Network that was purchased by NYCE. Emrick started his career at Midwest Payment Systems, now known as Fifth Third Processing Solutions, holding a number of sales and management positions during his 7 years there.