M&I Data Services, a subsidiary of Marshall and Ilsley Corp., announced that it has signed an agreement to buy Cardpro Services Inc.
Cardpro's credit and debit card personalization services will become part of M&I's electronic funds delivery division. The division authorizes more than 80 million transactions a month, supports more than 7,500 automated teller machines, and provides cardholder services to 600,000 people and merchant services to 36,000 merchants.
Bastian Knoppers, founder and president of Cardpro, will become president and general manager of a Cardpro Services business unit at M&I, reporting to Frank D'Angelo, senior vice president. Cardpro workers will become employees of M&I and continue to work from Cardpro's Willowbrook, Ill., headquarters.