Metavante To Acquire Provider Of CRMSoftware

Published October 01, 2004, 1:00 a.m. EDT

|

Updated August 27, 2020, 2:40 a.m. EDT

1 Min Read

MILWAUKEE - (10/01/04) -- Metavante Corp. continues itsacquisition binge with an agreement to acquire NuEdge Systems, aBrookfield, Wis., financial software and consulting firm, fromExperian, for $1.4 million in cash. The deal is the fifth so farthis year for Metavante, a wholly owned unit of bank holdingcompany Marshall & Ilsley. The president of NuEdge is DonaldLayden, former chief financial officer for Metavante. NuEdgespecializes in customer relationship management software. Earlierthis year Metavante acquired the NYCE Corp. electronic fundstransfer network; Advanced Financial Solutions (AFS) and itsEndpoint Exchange national check clearing network; the KirchmanCorp.; and Response Data Corp., a provider of credit cardtechnology.

Processing Content

For reprint and licensing requests for this article, click here.

MORE FROM AMERICAN BANKER

Secondary markets

Fannie, Freddie release FICO 10T historical data

This data release means another milestone for the use of updated credit score models than the current FICO Classic has been met by Fannie Mae and Freddie Mac.

By Brad Finkelstein
Originations Editor

July 1
Community banking

Patriot exits regulatory action, widens private banking push

The Connecticut-based bank announced its release from a formal agreement with regulators. It is pushing to expand in wealthy areas such as Beverly Hills, California, and Palm Beach, Florida.

By John Reosti
Reporter

July 1
Fintech

Adyen appoints interim CFO, chief product officer

The fintech said that Senior Vice President of Group Finance Hwa Tsao would become the company's interim chief financial officer effective Sept. 1 following the departure of CFO Ethan Tandowsky at the end of August. Separately, Gayathri Rajan will assume the role of chief product officer, effective immediately.

By Joey Pizzolato
Reporter

July 1
Servicing

Bank loan mods rise 7.1% as FHA, VA rules shift

The rise in completed modifications occurred as many other loan performance indicators plateaued, and may reflect the temporary impact of recent rule changes.

By Bonnie Sinnock
Capital Markets Editor

July 1
Earned Wage Access

House finance committee passes EWA bill, among others

A bill setting national standards for earned wage access programs passed the House Financial Services Committee in a 29-22 vote.

By Claire Williams
Reporter

July 1
Buy now pay later

Swedish court orders Google to pay Klarna $2 billion

Courts in Sweden told Google to pay price comparison website and Klarna subsidiary PriceRunner nearly $2 billion after the court found that Google favored its own price comparison service. PriceRunner initially sought more than $8 billion in damages.

By Joey Pizzolato
Reporter

July 1

Load More