Elavon

History

In May 2000, Nova Corporation and the Bank of Ireland announced the formation a joint venture in Dublin, Ireland, to be called EuroConex Technologies which would process card payment throughout Ireland and eventually the rest of Europe.

In May 2001, U.S. Bancorp announced the acquisition of NOVA Corporation for $2.1 billion in stock and cash.

In 2004, NOVA announced that EuroConex was to buy Polish processor "CardPoint" from "Bank Zachodni WBK", owned by Allied Irish Banks, This move allowed Bank Zachodni WBK to "sponsor" Euroconex's operations in Poland.

NOVA announced deals with the Spanish Banco Santander, and the UK-based Alliance & Leicester, with 27,000 merchant accounts.

In April 2004, Nova Corporation announced that it was buying the rest of EuroConex that it did not own from the Bank of Ireland for €40m.

In April 2008, NOVA Information Systems was renamed Elavon.

In November 2019, Elavon announced the acquisition of the UK and Irish Sage Pay business from Sage Group for £232 million.

In August 2024, Elavon acquired Salucro Healthcare Solutions.

References

References

1. . (June 29, 2010). ["Major Online Credit Card Theft Scam Busted, Pt.3: Unsuspecting money mules"](http://www.extracreditcards.com/articles/2010june/majoronlinecc-3.htm). *Extra Credit Cards.com (blog)*.
2. Creaton, Siobhan. (May 10, 2000). "B of I joint venture with Nova to create 500 jobs". [[The Irish Times]].
3. . (May 7, 2001). ["U.S. Bancorp to Acquire NOVA Corporation: Combined Companies Create $100 Billion Merchant Payment Processor"](http://www.prnewswire.com/news-releases/us-bancorp-to-acquire-nova-corporation-71643687.html). *[[PR Newswire]]*.
4. (2001-05-08). "U.S. Bancorp Buys Processor of Credit Card Debt". The New York Times.
5. (April 23, 2004). "NOVA acquires CardPoint of Poland from Bank Zachodni WBK". [[Business Wire]].
6. . (April 30, 2004). ["NOVA to buy Alliance & Leicester's merchant acquiring business"](http://www.finextra.com/fullstory.asp?id=11740). *Finextra*.
7. McCaffrey, Una. (April 29, 2004). "B of I to sell 50% stake in EuroConex for €40m". [[The Irish Times]].
8. . (May 6, 2004). ["Outsourcer playing his cards right as Bank of Ireland quits venture"](http://www.independent.ie/business/irish/outsourcer-playing-his-cards-right-as-bank-of-ireland-quits-venture-25913165.html). *[[Irish Independent]]*.
9. . (April 16, 2008). ["NOVA Information Systems Becomes Elavon, Joining Europe in Establishment of Global Acquiring Solutions Organisation: U.S. and Europe Align and Unveil International Processing Platform to Address the SEPA challenge"](http://www.businesswire.com/news/home/20080416005734/en/NOVA-Information-Systems-Elavon-Joining-Europe-Establishment). *[[Business Wire]]*.
10. Brewer, Bill. (April 16, 2008). "NOVA officially changes to Elavon". [[Knoxville News Sentinel]].
11. (November 18, 2019). "Sage Group to sell payment processing unit for 232 million pounds".
12. Marek, Lynne. "U.S. Bank buys healthcare payments firm".