Metavante Acquires Nomad Payments Ltd., Establishing European Presence in Prepaid Processing

Leading Provider of Prepaid and Debit Card Processing and Licensed Software in U.K. and Europe to Join Metavante International Group

MILWAUKEE--(www.AllPayNews.com)--Metavante Technologies, Inc. (NYSE:MV), a leading provider of banking and payments technology, today announced the acquisition of London-based Nomad Payments Limited, a leading provider of prepaid and debit card processing and licensed software. Nomad will now operate as Metavante Technologies Limited, part of the Metavante International Group.

The acquisition is expected to add approximately one percent to Metavante