NYCE Corporation, one of the leading electronic payments companies in the United States, announced that National Bank Equipment Corporation, a Buffalo, New York-based independent sales organization, has chosen NYCE as the processor for its ATM deployment program.
Under the agreement, NYCE will provide terminal driving and automated monitoring support for the company’s automated teller machines beginning February 27, 2002.
“With an aggressive deployment strategy ahead of us, we feel confident that NYCE has the expertise to support our growth,” Tom Kielich, president of National Business Equipment, said. “NYCE understands the unique needs of ISOs and is responsive to those needs, which will help us remain a strong player in today’s competitive ATM deployment environment.”
Once on the NYCE EFT Processing Platform, National Bank Equipment will rely on NYCE for terminal driving and gateway access to multiple networks. NYCE will provide fully-automated terminal monitoring and dispatch, around-the-clock support and unsurpassed processing reliability.
“National Bank Equipment’s decision is a vote of confidence for NYCE,” says Matt Garabedian, director of EFT processing sales at NYCE. “Over the past months, NYCE has been adding a substantial business base of ISOs to our EFT platform, which has given us the opportunity to demonstrate our specialized capabilities to this dynamic market segment.”
About National Bank Equipment
National Bank Equipment, based in Buffalo, New York, is a pioneer of the ATM industry. In addition to being a national distributor of ATMs for multiple manufacturers, the company also offers full service technical support provided by ATM technicians and programmers that have over 35 years in point of banking experience. National Bank Equipment’s collective experience includes an extensive background in data processing, transaction authorizations, point of banking, marketing, and ATM software implementation.
NYCE Corporation is one of the leading electronic payments companies in the United States, providing financial institutions and retailers with shared network services for automated teller machines (ATMs), on-line debit point-of-sale (POS) and emerging real-time payment solutions. In addition to innovative product development, the company also provides processing services that support ATM management and monitoring services, debit card issuance and authorization solutions. NYCE’s strategic alliance with First Data Corporation (FDC) is a unique model for the industry that combines the strengths of both organizations through product development, service delivery and complementary national/international reach. Comprising 2,200 financial institutions and retail ATM Participants, the NYCE Network processes approximately 100 million transactions per month. NYCE Corporation is headquartered in Woodcliff Lake, NJ, and can be found online at [www.nyce.net].