News

Elan reportedly on the auction block

August 9, 2018

Elan Financial Services is up for sale, and Finastra, FIS, and Fiserv are the probable bidders, according to a yet-to-be-confirmed report by Fintech Futures.

Currently a subsidiary of Minneapolis-based US Bank, Elan serves more than 1,800 financial institutions across the United States with services that cover payments, credit card issuing, prepaid solutions and  debit card processing.

Additionally, the company provides terminal driving, monitoring, vault cash, transaction processing and other services for more than 34,000 ATMs in the United States, and operates the MoneyPass surcharge-free ATM network.