ON A substantial portion of our business is conducted through "alliances" with banks and other institutions. Where we discuss the operations of our Global Business Solutions segment. such discussions include our alliances because they generally do not have their own operations (other than certain majority owned and equit

his reduction in revenue could result in an adverse effect on our business, operating results, and financial condition. For potential clients of our Global Business Solutions and Global Financial Solutions segments, switching from one vendor of core processing or related software and services (or from an internally-develo

ubstantial consolidation in the bank industry. Bank industry consolidation affects existing and potential clients in our service areas, primarily in Global Business Solutions and Global Financial Solutions. Our alliance strategy could also be negatively affected by consolidations, especially where the banks involved are c

in our relative markets. For example, our ability to provide innovative point-of-sale technology to our merchant clients could have an impact on our Global Business Solutions business. In addition, failure to develop value-added services that meet the needs and preferences of our clients could have an adverse effect on ow

within our existing business lines. Our Segments In the second quarter of 2015. we realigned our operating segments into three reportable segments: Global Business Solutions, Global Financial Solutions, and Network & Security Solutions. The realignment of our segments was designed to establish global lines of businesses

s We believe there are a number of factors that impact our business, results of operations and financial condition. In general, revenues across our Global Business Solutions. Global Financial Solutions and Network & Security Solutions segments are impacted by factors such as global economic and consumer spending trends,

S- I/A Table of Content" Segment Results We classify our businc es into three segments: Global Business Solutions, Global Financial Solutions, and Network & Security Solutions. Our Corporate operations (as described below) are not discussed separately as any res

$1.7 trillion of payment volume, accounting for nearly 10% of U.S. GDP last year. Our company is organized around three primary lines of business: Global Business Solutions (CBS) — This segment provides retail point-of-sale merchant acquiring and eCommerce services as well as next-generation offerings such as mobile pay

587 579 563 Reimbursable debit network fees, postage. and other 3,604 3,507 3362 Total revenues $11.152 $10.809 $1 0480 Segment EBITDA: Global Business Solutions 5 1.687 1644 S 1.606 Global Financial Solutions 529 404 370 Network & Security Solutions 608 549 585 Total reported segments 2,824 2.59

a Level 2 measurement. Note 6: Segment Information During the quarter, the Company realigned its operating segments into three reportable segments: Global Business Solutions, Global Financial Solutions, and Network & Security Solutions. Following the realignment, the Company retroactively adjusted all segment related di

otc, PfeCtikree M.N . Swoon Inan, —'V TACloinef First Data hi ',Karabin vvo C•etp.ri Wr in-an %Iltweir "...010. , Our largest segment. Global Business Solutions. provides businesses of all sizes and types with a wide range of solutions at the point of sale, including merchant acquiring, eCoL inmate. mobile c

S-I/A Table of Contents Summary of GES Solutions The following table provides additional detail of select solutions provided by our Global Business Solutions segment. Category Card Core Acquiring Acceptance Solutions, Solutions Credit/Debit/ Service Description Benefits • Fast, intelligent, secur

or firms and was Citigroup's Global Chief Compliance Officer from 2008 until 2012. Daniel J. Charron has been our Executive Vice President, Head of Global Business Solutions since February 2015. Before joining us, Mr. Charron spent 14 years with Chase Paymentech, the global payment processing business of JPMorgan Chase &