Metavante
From Wikipedia, the free encyclopedia
Metavante is a company that provides financial technology outsourcing services. The $1 billion organization is headquartered in Milwaukee, Wisconsin and employs over 5,500 employees worldwide.
Metavante corporation was originally formed as M&I Data Services in 1964 and is a subsidiary of the Marshall & Ilsley Corporation (NYSE: MI). Metavante products and services drive account processing for deposit, loan and trust systems, image-based and conventional check processing, electronic funds transfer, consumer healthcare payments, and electronic presentment and payment.
The company may be best known for its role in ATM network development having hosted the first successful ATM transaction over a shared network known as "TYME" or "Take Your Money Everywhere." Other products offered by the company are core data processing for financial institutions, online banking products, credit card and debit card processing and manufacture and network infrastructure support. Metavante currently provides these services to over 8,200 clients.
