|
Alltel looks for takers.(Alltel Information Services Inc. check processing business)
From:
US Banker
| Date:
June 1, 1995
| COPYRIGHT 1995 Thomson Media. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
|
Alltel Information Services Inc. is discussing the possible sale of part of its check processing business with as many as five other bank processors.
The Little Rock, AR, outsourcing firm, formerly called Systematics, scuttled an imaging project at its New Jersey site last year, forcing its parent company to take a $32 million write-off against its 1994 earnings. In March, Alltel canceled its exhibit at the Bank Administration Institute's check processing conference in Atlan...