18 August 2017
visit www.avoka.com

Metavante forms commerical treasury solutions division; appoints Fiserv's Kasik

18 July 2006  |  2414 views  |  0 Source: Metavante

Metavante Corporation, the banking and payments technology subsidiary of Marshall & Ilsley Corporation , today announced the formation of its Metavante Commercial Treasury Solutions division.

The new unit will incorporate existing Metavante offerings in support of cash management, account information access, payables and receivables management and other services for commercial clients of Metavante customers.

Metavante also announced that Gary Kasik will join the company to serve as president of Metavante Commercial Treasury Solutions. He brings over 28 years of experience in a wide range of financial services and technology. A veteran of several Fiserv businesses since 1991, Mr. Kasik most recently served as president of Fiserv BANKLINK, an outsourced cash management solution for financial institutions across all asset tiers. Prior to joining Fiserv through an acquisition in 1991, Kasik was with Citicorp Information Resources where he held various management positions with the banking technology unit of Citicorp.

In addition to the products organized within it, Metavante Commercial Treasury Solutions will also use other Metavante solutions that provide payment, card-based and other merchant-driven services. Upon completion of the recently announced VICOR, Inc. acquisition, the business will become part of the new Metavante Commercial Treasury Solutions providing support for complex payment requirements.

"By creating a commercial treasury solutions division at Metavante and appointing a president to lead it, we are responding to our clients' requests for additional commercial offerings," said Paul T. Danola, president, Metavante Financial Solutions Group. "Previously, we have addressed our commercial solutions through our banking technology businesses. Now, with the new division we will organize certain products and solutions within it, and we will draw on products within other Metavante divisions, including payments, to provide a full end-to-end solution suite to our clients."

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.abe-eba.euvisit www.dorsum.euvisit www.niceactimize.com

Top topics

Most viewed Most shared
Norwegian banks and startups form fintech clusterNorwegian banks and startups form fintech...
7174 views comments | 18 tweets | 22 linkedin
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
7164 views comments | 21 tweets | 22 linkedin
hands typing furiouslyWhy Blockchain Might Not Be The Future For...
5929 views 1 | 5 tweets | 3 linkedin
Apple sidelined as Beijing transit system launches payments appApple sidelined as Beijing transit system...
5754 views comments | 11 tweets | 9 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
5644 views comments | 10 tweets | 7 linkedin

Featured job

London, UK (or flexible)

Find your next job