First Data Corporation

221 results about this entity

Period: 07 Jan 2005 - 19 May 2020

First Data and InComm terminate acquisition plan

First Data says it has reached a mutual agreement with InComm to terminate a proposed acquisition of the Atlanta-based pre-paid card outfit.

San Francisco contactless transit trial hailed a success

A pilot scheme that allowed commuters in San Francisco to use their NFC-enabled mobile phones to pay for rail fares and make retail payments has been hailed as a success, with participants embracing the technology.

Americans shun paper for e-payments - survey

Nearly two thirds of all US consumer payments are now made electronically as Americans increasingly turn away from cash and cheques, according to research from BAI and Hitachi Consulting.

SIA-SSB wins Austrian cards contract; plans Warsaw, Moscow offices

Sinsys, a majority-owned subsidiary of SIA-SSB, has won a five-year card issuing processing contract with Austria's PayLife Bank.

Democrats trial First Data contactless payments technology

Delegates at this week's Democratic National Convention in Denver have been given free commemorative badges by First Data that incorporate the vendor's contactless payments technology.

JPMorgan and First data to dismantle payment processing JV

JPMorgan Chase and First Data have disclosed plans to wind down the Chase Paymentech Solutions (CPS) joint venture by the end of the year and bring the operations in-house.

First Data takes 50% stake in Eufiserv processing unit

US e-payments outfit First Data is acquiring a 50% equity stake in the interbank processing unit of Europe's Eufiserv as it looks to cash in on the opportunities provided by the single euro payment area (Sepa). Financial details of the deal were not disclosed.

First Data to acquire pre-paid outfit InComm

US e-payments processor First Data has signed an agreement to acquire InComm, an Atlanta-based provider of stored value gift cards and pre-paid products. Financial terms and conditions of the deal were not disclosed.

Commission approves AIB/First Data joint venture

The European Commission has given the go-ahead for the creation of a payment cards joint venture between Allied Irish Banks and First Data.

First Data cuts 1700 jobs

US e-payments processor First Data is axing 1700 jobs - about six per cent of its global workforce - less than two months after it was bought out by private equity firm Kohlberg Kravis Roberts (KKR).

Allied Irish in merchant acquiring JV with First Data

Allied Irish Banks (AIB) has signed an agreement with US e-payments firm First Data to establish a Dublin-based merchant acquiring joint venture.

Vivotech ships NFC 'smart billboard' software

Silicon Valley-based contactless payments outfit Vivotech has launched a mobile marketing package that enables merchants to broadcast advertisements and promotions to consumers via 'smart posters' featuring NFC tags.