NOVA Appoints Chris Kenyon to Run First Horizon Merchant Services Business; Frank Jacobsen to Lead Business Development Effort.ATLANTA -- 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 (NOVA), 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 U.S. Bancorp  This article or section needs copy editing for grammar, style, cohesion, tone and/or spelling.You can assist by [ editing it] now. (NYSE NYSE See: New York Stock Exchange :USB USB in full Universal Serial Bus Type of serial bus that allows peripheral devices (disks, modems, printers, digitizers, data gloves, etc.) to be easily connected to a computer. ), today announced that it has appointed Christopher S. Kenyon as executive vice president and general manager of its First Horizon Merchant Services Merchant services is the name given in the United States to a broad category of financial services intended for use by businesses. In its most specific use, it usually refers to the service that enables a business to accept a transaction payment by use of the customer's credit or (FHMS FHMS Flathead Machine Screw ) division, based in Englewood, Colorado. In his role, Kenyon will report directly to Stuart C. Harvey, Jr. at NOVA and will be responsible for managing the business. In a related appointment, Frank Jacobsen accepted the position of senior vice president, business development, reporting to Kenyon and responsible for sales and revenue initiatives. Kenyon has been at FHMS since 1996 and most recently was chief information officer, responsible for transaction processing, information technology and vendor management. He has been in the merchant processing industry since 1985. Jacobsen joined FHMS in 2001 with responsibility for business development, leading the sales and client management efforts for all channels including national accounts, healthcare and affiliate bank sales. He has been in the transaction processing industry for more than 25 years. "These appointments demonstrate our commitment to further strengthening the FHMS business," said Harvey. "As we continue to deliver on our aggressive growth strategy, it is essential that we align our business to deliver excellent service across the globe. Every part of the business must be focused on meeting client needs, and Chris and Frank will play a key role in ensuring that NOVA continues to deliver on its promises." FHMS is the second largest acquirer of hospitality transactions in the United States, and its portfolio also includes retail, restaurant, healthcare and automotive businesses. NOVA closed on the asset purchase of FHMS from First Horizon National Corporation on March 1, 2006. About NOVA NOVA Information Systems, a leader in the payment processing industry is a wholly owned subsidiary of U.S. Bancorp (NYSE:USB). Combined, NOVA and its affiliates First Horizon Merchant Services, euroConex and Elan provide global merchant processing services to financial institutions and clients in the United States, Canada, and Europe. NOVA offers integrated payment processing services to more than 1,000,000 merchants worldwide. For more information, visit www.novainfo.com. |
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