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Abanco Announces Appointment of New Senior Executive.


ROSEMONT, Ill. -- Former Concord Executive Marty Skolnick Joins the Abanco Management Team as COO and Vice President of Operations

Abanco International, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, a leading provider of payment processing solutions, today announced the appointment of Marty Skolnick, as COO and vice president, operations where he will oversee the Company's clients services group, ISO/Agent team, risk and underwriting management, and collection initiatives. Skolnick brings more than 20 years of operations and client services experience where he has worked extensively in the bank card and payment processing sectors.

"We are excited to have such an exceptional and experienced executive as Marty to lead our operational efforts," says Tracy Metzger, president and CTO (Chief Technical Officer) The executive responsible for the technical direction of an organization. See CIO and salary survey.  of Abanco. "Abanco will certainly benefit from having an executive who has a strong foundation in client services and agent services."

"I am thrilled to be joining Abanco and the timing couldn't be better," said Marty Skolnick. "Abanco is a dynamic company that is showing signs of acceleration and opportunities for growth. I am pleased to be part of such a team."

Serving most recently as Executive Vice President at Concord Payment Systems, Marty directed operations, finance, human resources, client services, IT and the Independent Sales Office (ISO (1) See ISO speed.

(2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI.
). During his time with Concord, he was instrumental in the success of the merchant and agent/ISO programs. Prior to Concord, Marty was director, POS (1) See point of sale and packet over SONET.

(2) "Parent over shoulder." See digispeak.

POS - point of sale
 services at IGT IGT impaired glucose tolerance.  Services, Inc., a leading private label credit card company, where he established policies and procedures Policies and Procedures are a set of documents that describe an organization's policies for operation and the procedures necessary to fulfill the policies. They are often initiated because of some external requirement, such as environmental compliance or other governmental , and developed and expanded business relationships with ISOs, banks, third-party processors and vendors. Before IGT, Marty held various positions with Global Payment Systems, formerly National Data Corporation. Marty holds a Bachelor of Fine Arts The Bachelor of Fine Arts, usually abbreviated BFA, is the standard undergraduate degree for students seeking a professional education in the visual or performing arts. Also named in some countries the Bachelor of Creative Arts or BCA.  from Valdosta State University Valdosta State University is a public university located in the city of Valdosta, Georgia, in the United States, and is part of the University System of Georgia. Degree levels offered at VSU include: Associate's, Bachelor's, Master's, Education Specialist, and Doctoral. .

About Abanco International, LLC

Abanco International, LLC is a leading provider of payment processing solutions that develops and markets a full suite of services to the automotive, hospitality, insurance, retail and transportation industries. Its innovative hardware and software platforms are a product of Abanco's commitment to developing solutions that enhance customer relationships through management of all cardholder interactions including credit (with optional signature capture), debit, non-bank cards, electronic check services, and gift and loyalty programs. Abanco is headquartered in Rosemont, IL and has representative offices throughout the USA. Company and product information are available at www.abanco.com.
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Publication:Business Wire
Geographic Code:1USA
Date:Sep 20, 2005
Words:377
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