Hamilton Bermuda

First Commerce Atlantic wins Government of Bermudes Innovation in Demand of the Year Rewards it technology

FAC honored for using with creativity the technology as a tool to innovate the industry e-business

Hamilton, the Bermudes. April 30, 2008. First Commerce Atlantic Ltd. (FAC), one to take international, the payment of multi-monnaie and the supplier of solutions of direction of risk, won last week the Ministry of Governments of Bermudes of Telecommunications & the Innovation of e-businesses of the reward of Year for FACs the solutions of Authentication of online Consumer.

The organizations through the financial centers, at sea and of international level private, public sectors and to non lucrative goal that use with creativity the technology as a tool to innovate in their designated industry were named under the various categories including: The experience the better Interactive, Local Better site internet, most of To Inspire technology Professor, the Better Technology of Usage of Solution of Matters, the Better Service customers, the Technology in the Environment, most of Sponsor of Innovative and first Innovation of category of the Year.

The Telecommunications of Bermudes and the Minister of E-BUSINESS, the Hon. Terry E. To List, and Dion Tucker, the vice President of Technology of Information for the sponsor of event and the giant of reassurance insurance, RenaissanceRe, presented the reward of cutting of crystal for Innovation of the Year to FAC CEO, Andrea Wilson to the lunch of TechAwards held Friday, April 25, 2008 to the Princess of Hamilton of Fairmont.

Based on the criteria including a solution of truly innovative technology that commercially is in the usage to Bermudes and use the resources of and/or of infrastructure bermudes-based, the winning businesses that the innovation must are a true piece of window for the Ile, according to the panel judges representing the two private Bermudes and sectors of Government.

The innovation of FACs implied executing a unique autonomous one Verified by Aimed and the tenured one of SecureCode of MasterCard the authentification-seul solution conceived for the Mexican online matters that bloom put on the market including the aerial lines, the hotels and big retailers.

The functioning jointly with Latin Americas bigger business of treatment of card of credit, FAC executed only the component of authentication of consumer of the Associations of Card of 3 DS Obtains the solution of full payment, allowing the banks obtaining local to determine the responsibility of chargeback for their merchants in advance of the true authorization of transaction of payment, that is executed then locally by the. This type of 3 DS Obtains implementation is unique in this market and shows clearly the first capacity to FACs to be innovative in comparison with furnishing the solutions of reduction of risk of consumer keys in hand and online in the emerging markets where the treatment of card of local credit already exists.

Following this special, Mexican solution obtaining banks and the merchants can see an immediate reduction in AIMED online and the fraud of card of credit of MasterCard by even to 85%.

Our Verified one by AIMED and MasterCard SecureCode only the solution significantly is foreseen to reduce the fraud of card of credit for the online merchants to Mexico and Latin America base on the rules of Association of Card governing of 3 DS Obtains the change of responsibility of online chargeback, said Wilson.

FAC is currently one of the only businesses in the offering of Region of West Indies latino-amedricaine personalized the consumer authentication only solutions of risk to obtain banks and the processors what's more of a continuation a lot of other solutions of online risk including the services of Verification of Address of North America, CVV2 validation and the services of verification of Card Of Credit. The online payment of FACs and the solutions of reduction of risk are also reconciling and PCI certified, and available to the banks and to the processors in the other regions including Europe, CEMEA and Asia.

For more of information on the approach FACs to authenticate online consumers, the banks and the processors should contact info@fac.bm or visit today the site internet of businesses www.firstatlanticcommerce.com.

Of First Commerce Atlantic

To sia¨ged in the Bermudes, and established in 1998 to create the solutions of payment cards based assured for the e-entreprises, FAC furnishes the powerful technology conceived to work with most of plateformes of merchant, including Microsoft, UNIX, and plateformes of LINUX. The service of offers of technology of cGate of FACs, flexibility and the security to adapt to a lot of matters and contain the conditions of acquirer. The matter solutions as of 3 DS Obtain Payer Authentication, IP Geolocation, the commercial True Corporations and the solutions of payment of multi-monnaie at sea is available in the various international jurisdictions.