16 December 2017
visit www.ebaday.com

Concord purchases Core Data ATM processing business

05 March 2002  |  3110 views  |  0 Concord purchases Core Data ATM processing business

Electronic transaction processor Concord EFS has signed an agreement to acquire Texas-based Core Data Resources. Financial terms were not disclosed.

Core Data provides ATM processing and related services to financial institutions, retailers, and independent sales organisations nationwide. The company currently drives approximately 35,000 ATMs.

Edward Labry, Concord president, says: "We believe Core Data's strength in the retail ATM deployer segment will complement Concord's existing ATM driving and monitoring services, while also creating potentially significant cost efficiencies in telecommunications and gateway expenses."

Concord, the largest ATM processor in the US, drives approximately 58,000 ATMs.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

US study identifies shifting strategies for ATM deployers

US study identifies shifting strategies for ATM deployers

05 March 2002  |  3502 views  |  0 comments
EFunds acquires Hanco ATM network

EFunds acquires Hanco ATM network

04 February 2002  |  3871 views  |  0 comments

Related blogs

Create a blog about this story (membership required)
visit www.niceactimize.comvisit www.thomsonreuters.infovisit www.ebaday.com

Top topics

Most viewed Most shared
satelliteRipple completes XRP Lockup
10375 views comments | 3 tweets | 2 linkedin
PSD2: Laying the regulatory foundation for a new age in paymentsPSD2: Laying the regulatory foundation for...
9835 views comments | 18 tweets | 36 linkedin
Banks and fintech startups join forces on blockchain-based supply chain pilotBanks and fintech startups join forces on...
7069 views comments | 19 tweets | 21 linkedin
hands typing furiouslyReshaping Customer Engagement & Da...
6466 views 0 | 4 tweets | 2 linkedin
Banks tap Ethereum smart contracts for MiFID II complianceBanks tap Ethereum smart contracts for MiF...
6218 views comments | 9 tweets | 9 linkedin

Featured job

Competitive
London, UK (or flexible)

Find your next job