In 1972, These MATC students get handson experience during class using large data processing machines similar to those found at M&I Data Services.
Milwaukee led the fintech revolution FIS™ and Fiserv, two global technology giants that continue to change the financial services industry, have deep roots in Milwaukee.
M&I's original ATM network was named TYME for "Take your money everywhere."
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Milwaukee Commerce, FALL 2018
FIS’ lineage harkens back to M&I Data Services, a subsidiary formed by Marshall & Ilsley Bank in 1964 to handle emerging data processing operations. Here the first successful ATM transaction was hosted in 1975, between financial institutions over a shared network, which paved the way for accessing cash wherever people travelled. It’s ATM network was appropriately named TYME (or, Take Your Money Everywhere). The subsidiary continued innovating and expanding throughout the 80s and 90s. In 2000, it became a separate company known as Metavante. In 2009, Metavante was acquired by Fidelity National Information Services (FIS), the world’s largest financial technology solution
provider, serving more than 20,000 clients in 130 countries. FIS employs over 3,000 people in Southeastern Wisconsin, focusing on software development and financial processing, as well as account management, sales, finance, data and call center operations. Milwaukee is also home to Fiserv, which is among the largest data processing firms in the United States serving more than 10,000 financial institutions in more than 90 countries. Its roots can be traced back to First Data Processing, which was started by George Dalton (a long time MMAC board member) who grasped the importance of computer technology and the need to achieve economies of scale. He and a colleague from Florida, founded Fiserv in 1984. Their business
