Thursday, September 6, 2012

Mid-America Payment Exchange, Payments Central merge - Kansas City Business Journal:

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The newly merged not-for-profit trade associationm helps banks, credit unions and thrifts maintain compliancer with payments system rulesaand regulations, reduce prevent fraud and improve operationalk efficiency. The organization produces revenue through membership dues andtraining fees. It incorporateed Wednesday under thename , and set up its headquarters in the formee MPX offices at 3100 Broadway in Kansaz City. Chris Watkins, vice presideng of marketing and administration for said this was a true merger with both sides reachingb a mutual agreement to form a new Former MPXCEO Ann-Marie Bartels will be CEO of Jerry Woessner, former CEO of Payments Central will be EPCO R president.
“As EPCOR, we will provide electronix paymentsand risk-management education and support to more than 2,30 financial institutions in 12 states in the centra l United States,” Bartels said in a “EPCOR will serve 14 percent of all U.S. financiaol institutions.” Watkins said the mergee allows EPCOR to offetr more services and provide stronger lobbying efforts for its who are mainly smaller community Watkins said all employees of the two organizationwill remain. EPCOR now has 15 employeesw inKansas City; five in Ohio; one in Omaha, Neb.; one in Indianapolis; one in Soutyh Carolina; and one in southern Missouri.

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