U.S. Central CU to Resell Metavante’s Bill Payment Service

LENEXA, Kan. – U.S. Central CU said yesterday its Corporate Network eCom has signed with a deal with Metavante to resell the company’s electronic presentment and payment solution. Under the deal, eCom, a majority owned CUSO of U.S. Central, will convert its more than 200 credit union customers to Metavante’s system in 2008. The Metavante system will provide a broad range of functions, from remittance processing to a fully hosted electronic presentment and payment solution. Metavante is the wholly owned subsidiary of Marshall & Ilsley Bank that is about to be spun off into a separately traded company.

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