FORT LAUDERDALE, Fla. – Credit unions already using Metavante services, including the bill pay program, will see little immediate change from the merger between Metavante and Fidelity National Information Services, according to an FIS executive.
Gary Norcross, Chief Operating Officer for FIS, told executives attending Card Services For Credit Union's 20th annual conference that he expected credit unions using Metavante's bill pay program to see the product improve with more research and development.
Norcross noted that FIS has always had a comparatively large research budget compared to other similar firms and that the company is "very excited" about the bill pay services.
"I don't know what Metavante's research for this product was," Norcross said, "but we remain very excited about it and committed to the research and development to make it even stronger," he said.
He also said FIS looked forward to adopting relationship pricing for the credit unions which had a relationship with Metavante for the service.
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