NOVA Information Systems and Fidelity National Corporation have entered into an alliance and sales agreement in which NOVA will provide payment-processing services to the 459 merchant customers of Fidelity National Bank, a wholly-owned subsidiary of Fidelity National Corporation.
NOVA — the country’s third largest merchant payment processor — will immediately begin implementation of the contract with Atlanta-based Fidelity National Bank, which generated $127 million processing volume in 2001.
Fidelity’s alliance with NOVA allows it to offer a broader range of merchant products and services to its commercial customers. “This opens the door to exciting new opportunities for both Fidelity and its customers, said David Buchanan, senior vice president of Fidelity National Bank. “NOVA’s merchant processing experience will allow us to grow our commercial base and enhance our ability to offer state-of-the-art processing products and services.”
“We are truly excited to be associated with Fidelity National Bank,” said Pamela Joseph, senior executive vice president of business development for NOVA. “We are confident that our alliance will help strengthen Fidelity’s offerings by providing it with an expanded set of merchant processing tools.”
Fidelity National Corporation, through its operating companies, Fidelity National Bank and Fidelity National Capital Investors, Inc., provides a wide range of banking, mortgage and investment brokerage services through 19 full-service branches in Atlanta. Mortgage, construction and automobile loans are also provided through an office in Jacksonville, Fla. For additional information about Fidelity National’s products and services visit [www.FidelityNational.com].
Atlanta-based NOVA Information Systems, an indirect, wholly owned subsidiary of U.S. Bancorp (NYSE:USB), manages and transports payment and other business information on behalf of retailers, community banks and regional financial institutions. NOVA specializes in providing integrated credit and debit card payment processing services, related software application products and value-added services to more than 650,000 merchant locations in the United States. For more information on the company, visit [www.NOVAinfo.com].