News

FTI acquires New England ISO

May 8, 2001

JACKSON, Miss. --Financial Technologies(FTI), a deployer of off-premise ATMs, recently completed the acquisition of ATMs of Massachusetts, a Canadian-based ATM company that operates terminals in Massachusetts and New Hampshire. 

 "We are pleased to have completed our first external acquisition and look forward to many more," said Shana Bursi, contracts manager of Financial Technologies, noting that FTI's plans for 2001 include the completion of several more acquisitions.

The acquisition gives FTI a larger presence in the New England area, Bursi said.

FTI provides processing, hardware, service and ATM management for more than 2,600 retail businesses and financial institutions throughout the U.S. Financial Technologies was awarded the title of the Fastest Growing Company in Mississippi in 1998 and ranked as the nation's 23rd fastest-growing privately held company in 2000 by Inc. Magazine.