21 October 2017
visit www.atos.net

M&I renews NYCE contract

22 January 2008  |  1647 views  |  0 Source: NYCE Payments Network

NYCE Payments Network today announced M&I Marshall & Ilsley Bank has renewed its NYCE Network participation as part of a relationship expansion.

Going forward, NYCE will be the bank's exclusive provider of retail PIN debit access and the ATM network of choice for domestic transactions. NYCE Payments Network, LLC, is a leading U.S. debit card payments network and a division of Metavante (NYSE: MV), a leading provider of banking and payments technology.

M&I Bank, headquartered in Milwaukee, is the largest Wisconsin-based bank and also has banking offices in Arizona, Florida, Illinois, Kansas, Minnesota, Missouri and Nevada. This diverse geographical footprint translates into more than 966,000 cards and 485 ATMs participating in the NYCE Network.

"Changing networks is not a decision made lightly. M&I has a long history in debit card issuing and helped build the first EFT network in Wisconsin. Yet the decision to concentrate our debit business with NYCE was easy," said John Roberts, senior vice president, Marshall & Ilsley Corporation. "Since joining NYCE in 2005, we quickly came to understand the economic value that NYCE brings to the table. We appreciate how highly NYCE is aligned with and supportive of our strategies for electronic payments' growth, and with our desire to provide our customers with ever-increasing convenience and a wide range of high-quality products."

"M&I's decision to rely on NYCE for PIN debit access delivers critical mass in Wisconsin and the Midwest, plus an enhanced presence in Florida and the Southwest where M&I has expanded into new markets," said Steve Rathgaber, NYCE president and chief operating officer. "M&I's expanded relationship with NYCE is a clear validation of our message that no matter where you're located, NYCE is an attractive, valuable payments network provider."

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.fivedegrees.nlRegister nowvisit www.vasco.com

Top topics

Most viewed Most shared
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
9999 views comments | 22 tweets | 26 linkedin
satelliteGates Foundation backs Ripple collaboratio...
8947 views comments | 13 tweets | 10 linkedin
Mastercard to roll out blockchain APIMastercard to roll out blockchain API
8892 views comments | 17 tweets | 20 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
8038 views comments | 9 tweets | 17 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
7716 views comments | 10 tweets | 22 linkedin

Featured job

Competitive base + commission + benefits
Denmark, Finland, Iceland, Norway or Sweden

Find your next job