NYCE Corporation announces that John J. Smith has joined the company in the position of Vice President and Chief Technology Officer.
In his new post at NYCE, Mr. Smith will be responsible for the operation of the company’s 24×7 data center, the technological core of the NYCE Network and NYCE EFT Processing Services. In addition, he will oversee systems development, telecommunications infrastructure and future capacity planning. Mr. Smith possesses more than 25 years of banking related technology services. Prior to joining NYCE, most of his career was spent at Summit Bank and its predecessors. There he managed systems development for over ten years and was responsible for all of the bank’s technology operations.
Mr. Smith will report to Steven A. Rathgaber, Executive Vice President and Chief Operating Officer with NYCE. “John’s extensive knowledge of, and experience with, financial services data processing will be invaluable to us as we expand our leadership role in the consistent delivery of quality and reliability to our customers,” Rathgaber said.
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. The company also provides processing services that support ATM management and monitoring services, as well as 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. NYCE has also established itself as a front-runner in real-time person-to-person (P2P) payment services and PIN-secured Internet debit payment solutions. Comprising 2,200 financial institution and retail ATM Participants, the NYCE Network processes approximately 100 million transactions per month while servicing more than 48 million cardholders through 45,000 NYCE-branded ATMs and 350,000 POS locations. NYCE Corporation is headquartered in Woodcliff Lake, NJ, and can be found online at [www.nyce.net].