Comdata(R) Names Former ABN AMRO Merchant Services (AAMS) Exec to lead Comdata Processing Systems.BRENTWOOD, Tenn. -- Comdata(R) Corporation, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Ceridian Corporation (NYSE NYSE See: New York Stock Exchange : CEN), has named Rod Katzfey, a veteran of the electronic payments industry, its Senior Vice President & General Manager of Comdata Processing Systems. Comdata Processing Systems was renamed in March, 2005 following Comdata's acquisition of Tranvia, a full service processor and merchant services provider. With the acquisition, and under the new brand, Comdata has expanded its electronic payment processing capability to include full card processing services for merchants including credit, debit, check, gift, and loyalty. Katzfey was formerly Senior Vice President & General Manager for ABN AMRO Merchant Services (AAMS AAMS Association of Air Medical Services AAMS Accredited Asset Management Specialist (College for Financial Planning) AAMS Amministrazione Autonoma Monopoli di Stato (Italian) AAMS American Air Mail Society ), a joint venture company of BA Merchant Services BA Merchant Services, LLC is a wholly owned subsidiary of Bank of America specializing in handling credit, debit, stored value, and electronic benefits transfer (EBT) card transactions. and LaSalle Bank Midwest LaSalle Bank Midwest N.A. is a bank serving Michigan and Indiana with 264 branches and 1,000 ATMs. It's a subsidiary of LaSalle Bank Corporation which was formerly an indirect subsidiary of Netherlands-based ABN AMRO Bank N.V. . Prior to joining AAMS, Katzfey had been involved in leading sales organizations for First Data Merchant Services, U.S. Bank and Nova Information Systems Nova Information Systems is a major US processor of credit card transactions and a subsidary of Us Bancorp. NOVA and its european division euroConex boast an expanding global reach that delivers merchant processing in more than 30 countries and supports the payment needs of more . He started his career in the merchant acquiring industry as a commission only sales rep with Boatmen's Merchant Processing Company in 1996. Katzfey is currently serving on the advisory board for the MidWest Acquirer's Association (MWAA MWAA Metropolitan Washington Airports Authority MWAA Mall Walker's Association of America MWAA Men Working Against Abuse (Seattle, WA) MWAA Mid-West Appraisers Association (Kearney, NE) ), a group that was founded on the belief that it is important to educate the 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. and MSP community on the constantly changing landscape of the merchant acquiring industry. "Comdata is committed to the merchant acquiring business and Rod brings a wealth of experience and industry insight to this important growth area of the company," said Andrew Park, Senior Vice President, Product Services and Information Technology. "His expertise and leadership will greatly assist us in becoming a Top 10 merchant acquiring processor by providing Comdata solutions to the transportation, retail, service, restaurant & hospitality industries." Katzfey can be reached at rkatzfey@comdata.com. About Comdata Corporation Comdata(R) Corporation (www.comdata.com) is a leading business-to-business issuer and processor of payment cards, primarily in the retail and transportation industries. Comdata's range of products and services include fleet, fuel, purchasing, T&E, payroll/reimbursement, EBT EBT See: Earnings Before Taxes , gift and loyalty cards and processing. A full-service merchant processor, Comdata's platforms support both its proprietary card networks as well as processing for any card tender a merchant may accept. Headquartered in Brentwood, Tenn., Comdata employs more than 1,600 people nationally and internationally. Comdata is a wholly owned subsidiary of Minneapolis-based Ceridian Corporation (NYSE: CEN). About Ceridian Ceridian Corporation (NYSE: CEN) is an information services company serving businesses and employees in the United States, Canada and Europe. Ceridian is one of the top human resources outsourcing companies in each of its markets, and offers a broad range of human resource services, including payroll, benefits administration, tax compliance, HR information systems and employee advisory programs. Through its Comdata subsidiary, Ceridian is a major payment processor and issuer of credit cards, debit cards and stored value cards, primarily for the trucking and retail industries in the United States. www.ceridian.com |
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