MINNETONKA, Minn., April 28, 2010 — Vanco Services, LLC, a leading provider of electronic payment solutions, announced today the appointment of Michael Foye to the position of Senior Vice President. In this new position, Foye will be responsible for growing the company's custom solutions business and will represent the company at an executive level in several key markets.
Mr. Foye is an industry veteran with several years of experience in the field of electronic financial transactions. Foye comes to Vanco Services following a long career at MasterCard RPPS where, most recently, he held the position of Vice President Sales and New Business Development. He has also served in management and client service positions at both Metavante and Deluxe Data. Foye is a frequent speaker at industry events and holds a degree in Management Information Systems from the University of Wisconsin-Milwaukee.
"We are fortunate to have someone of Mike's caliber take the lead in our custom solutions business," said Jeanne Spencer Rose, CEO of Vanco Services. "I am confident our clients will benefit from Mike's extensive knowledge and years of experience."
Mike Foye will work out of the Vanco Services office in St. Louis.
About Vanco Services, LLC
Vanco Services, LLC is a financial technology company that processes electronic transactions for more than 16,000 businesses and organizations. Under the e.service(R) brand, Vanco offers several proprietary web-based electronic payment solutions. Vanco is a PCI (Payment Card Industry) Level 1 Compliant Service Provider. http://www.VancoServices.com
Contact:
Laura E. Povolny
Communications Specialist
(952) 983-8504
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