PULSE Expands Relationship With Bank of America

Business Wire, August 2, 2007

Bank to Use PULSE's PIN Debit Network in Key Markets

HOUSTON -- PULSE EFT Association has reached a new agreement with Bank of America to renew and expand their relationship. PULSE will provide PIN debit network services to the bank's debit cardholders on the West Coast and throughout Texas, New Mexico and Arkansas. In addition, Bank of America's Texas ATMs will continue to be a part of PULSE([R]), one of the nation's leading ATM and debit networks.

PULSE is one of the nation's leading providers of network services for PIN debit transactions. With a rapidly growing presence in the debit marketplace, PULSE provides services to financial institutions of all sizes in all regions throughout the U.S.

About PULSE EFT Association LP

PULSE is one of the nation's leading ATM/debit networks, currently serving more than 4,400 banks, credit unions and savings institutions across the country. PULSE is owned by Discover Financial Services (NYSE:DFS). The network links cardholders with nearly 260,000 ATMs, as well as POS terminals at retail locations nationwide. The company is also a valued resource for consumer research related to electronic payments and is committed to providing its participants with education on evolving products, services and trends in the payments industry. For more information, visit www.pulse-eft.com.