RBS WorldPay Names Chief Operating Officer

Former Home Depot director, Spencer Allen, appointed to position

November 13, 2006

Atlanta, GA - RBS WorldPay, a leading payment processor, has named Spencer Allen as its Chief Operating Officer (COO). Allen’s duties will include managing the daily activities and operations of RBS WorldPay’s call center operations, project management, deployment, contracts processing and sales support divisions.

"Spencer's vast experience will enable us to expand our market presence and further establish our position as a leader in the payment processing industry," said Larry C. Wine, President and CEO of RBS WorldPay. "His vision and tactical expertise in the credit industry will enhance RBS WorldPay’s aggressive growth strategy."

Allen comes to RBS WorldPay with extensive experience in the credit industry and a strong background in operations, strategic planning and development. Most recently, Allen served as Director of Credit Services at The Home Depot and was instrumental in the successful conversion of The Home Depot's private label credit program from GE to Citibank. To date, it was one of the largest and most complex conversions of a private label portfolio from one provider to another.

About RBS WorldPay

RBS WorldPay is a leading, single-source provider of electronic payment processing services – including credit, debit, EBT, checks, gift cards, e-commerce, customer loyalty cards, fleet cards, prepaid cards, ATM processing and cash management services. The U.S. payment processing division of the Royal Bank of Scotland Group plc, RBS WorldPay is a non-bank subsidiary of Citizens Financial Group. For more information, please visit www.rbsworldpay.us.

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RBS WorldPay
800.200.5965, x. 1210
media@rbsworldpay.us

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