Retail Decisions Signs Agreement With First Ecommerce Data Services

Kurt Peters

Partnership Opens Credit Card Fraud Protection Services to Small-to-Medium-Sized Banks

HAZLET, N.J.--July 25, 2001--

Retail Decisions plc (LSE: RTD), an international supplier of payment card risk management services, announced today that the company has signed a partnership agreement with First Ecommerce Data Services Limited (FEDS), a global, multi-currency e-payment processing solution company targeting small-to-medium-sized banks.

FEDS is a wholly owned subsidiary of First Ecom.com Inc. (NASDAQ: FECC, BSX: FECC, FECC BH). The referral marketing agreement will enable FEDS to offer Retail Decisions` risk management and fraud detection services as an extension of its product offerings to clients.

"FEDS is one of the first offshore credit card transaction processing companies to offer multi-currency processing and settlement," said Carl Clump, CEO of Retail Decisions. "This relationship will enable us to introduce our services to the FEDS client base and help us strengthen our position within the offshore international banking community. This is a tremendous testimony to the value of our fraud prevention services and their increasing applicability on a global basis."

Retail Decisions and FEDS are joining marketing efforts to provide customers with added-value solutions. The relationship will provide Retail Decisions with a new distribution channel for its fraud protection services and FEDS benefits by being able to offer its clients a leading fraud protection service.

"After an extensive search of the marketplace, it became clear to us that Retail Decisions was a true leader in the credit card fraud protection arena," said David Lema, Chief Executive Officer of FEDS. "In addition to its neural technology and expansive global lost and stolen cards databases, Retail Decisions provides a customized fraud protection solution which is based on our clients` specific requirements." We are confident that our relationship with Retail Decisions will prove beneficial to our client base."

About Retail Decisions

Retail Decisions (www.redplc.com) is a card-based transactions services business that provides fraud prevention to the finance, telecommunications, retail and e-commerce industries. By leveraging both, rules-based and predictive neural risk management and analysis tools, Retail Decisions is able to identify and prevent payment card fraud. The company currently protects nearly 10,000 retail sites globally. In 2000, Retail Decisions processed more than 1.25 billion card transactions, stopping an estimated $113 million in fraudulent purchases.

Retail Decisions has more than 15 years` experience in credit card risk management and payment settlement services to the telecommunications industry in the US, and currently supplies its services to over 45 telecoms companies.

ReD is publicly traded on the official list of the London Stock Exchange under the trading symbol, "RTD". More information about ReD is available by visiting the company Web site at http://www.redplc.com.

About First Ecommerce Data Services Limited (FEDS)

A wholly owned subsidiary of First Ecom.com Inc. (NASDAQ: FECC, BSX: FECC, FECC BH), FEDS provides banks and financial institutions in the Asia Pacific, Americas and Caribbean region with universal, secure, cost efficient electronic payment solutions.

FEDS is an independent third-party processor. It works with existing processors and financial institutions to provide merchants with a multi-currency, advanced electronic payment processing solution. The FEDS Processing Solution supports both online and batch, processing for credit and debit cards as well as real time authorization, electronic merchant settlement and comprehensive risk management and financial reporting services.

For more information, visit www.fedsinternational.com or contact FEDS at +(441) 296-FEDS (3337).

Retail Decisions and ReD are registered trademarks of Retail Decisions, Inc. Other company and product names are the trademarks of their respective companies.

Carol Romeo, 973/925-2661, Ext. 110


Bank, business, credit card, Debit card, Technology Internet