NYCE Payments Network Company Description
NYCE thinks it's nice when you use your debit card not once, but twice (or thrice!). NYCE Payments Network operates a network of 280,000 ATMs serving around 90 million cardholders. The company also performs electronic funds transfer, debit card processing and authorization, and point-of-sale transaction processing at more than 1.75 million locations. A subsidiary of Metavante (which bought NYCE from First Data in 2004), NYCE Corporation changed its name to NYCE Payments Network in 2006, corresponding with a renewed focus on its network operations. Metavante was spun off from regional bank Marshall & Ilsley in 2007.
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The Company Description provides a historical perspective of NYCE Payments Network's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of NYCE Payments Network's evolution in the marketplace.
