ICBA Bancard Announces Agreement to Offer
Community Banks Access to NYCE Network
Washington, D.C. (Jan. 8, 2018)—ICBA Bancard®, the payments services subsidiary of the Independent Community Bankers of America® (ICBA), today announced an agreement to offer the NYCE Payments Network, LLC (NYCE) point-of-sale and ATM debit card services to ICBA Bancard client banks. The NYCE Network provides consumers with secure, real-time access to their money, offering millions of point-of-sale locations and hundreds of thousands of ATM locations nationwide.
“ICBA Bancard is pleased to announce an agreement with the NYCE Payments Network that gives community banks a cost-effective solution for providing their customers with anytime, anywhere access to funds through the largest debit point-of-sale and ATM network in the country,” ICBA Bancard President and CEO Tina Giorgio said. “Community banks can reap the benefits of this new partnership without switching their ATM or debit card processing.”
NYCE is a wholly owned subsidiary of FIS, one of the world’s largest global providers of banking and payments technologies. The preferred participant agreement is available to qualifying ICBA Bancard clients who meet certain criteria and enroll before June 2019.
“FIS’ relationship with ICBA Bancard spans more than 30 years and is a testament to our ongoing efforts to ensure community banks retain access to evolving payments solutions in a highly competitive market,” said Head of FIS Payments Bruce Lowthers. “There are numerous players in financial services and we are proud that ICBA Bancard has entrusted NYCE to help community banks remain innovative without sacrificing service.”
About ICBA Bancard
ICBA Bancard® is the wholly owned payment services subsidiary of the Independent Community Bankers of America. ICBA Bancard’s community bank issuers generated $24 billion in sales volume in 2017 and are ranked collectively as the 25th largest credit card portfolio in the United States. ICBA Bancard enables thousands of community banks to provide competitive credit card, debit card, ATM and merchant processing solution. The company also provides exclusive services to issuers including its Fraud Loss Protection Plan, marketing support, and product education. For more information, visit www.icbabancard.org.
FIS is a global leader in financial services technology, with a focus on retail and institutional banking, payments, asset and wealth management, risk and compliance, and outsourcing solutions. Through the depth and breadth of our solutions portfolio, global capabilities and domain expertise, FIS serves more than 20,000 clients in over 130 countries. Headquartered in Jacksonville, Fla., FIS employs more than 53,000 people worldwide and holds leadership positions in payment processing, financial software and banking solutions. Providing software, services and outsourcing of the technology that empowers the financial world, FIS is a Fortune 500 company and is a member of Standard & Poor’s 500® Index. For more information about FIS, visit www.fisglobal.com.