Metavante renews TNS contract

RESTON, Va. — Metavante Corp., a leading banking and payments technology solutions provider, has renewed its agreement with TNS Inc. (NYSE:TNS) to be the primary transaction network provider for Metavante’s dial ATM traffic in the United States, according to a news release.

In addition, TNS will provide "always-on" connectivity through TNS' persistent-dial private network for telecommunications solutions. Metavante is the financial technology subsidiary of Marshall & Ilsley Corp.

"TNS truly understands our business approach," said Bruce Hopkins, senior vice president, Metavante Payment Solutions Group, in the release. "We know we can rely on the TNS network to continue to deliver a robust, seamless solution, which adds value to the services we provide our customers."

"This agreement represents Metavante's ongoing confidence in TNS to deliver critical ATM solutions," said Larry Crompton, senior vice president and general manager of TNS' POS Division, in the release. "We are very pleased to be broadening the scope of our relationship to provide 'always-on' telecommunications solutions to meet the growing bandwidth requirements of Metavante's customers."

More details visit TNSI site.