First Data Corporation

221 results about this entity

Period: 07 Jan 2005 - 19 May 2020

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First Data reviews US card issuing business; cuts 2005 outlook

First Data reviews US card issuing business; cuts 2005 outlook

First Data is looking to shed its under-performing US credit card issuing business, which it says is a drain on the entire company's financial results. The news comes as the vendor cuts it earnings forecast for 2005 again.

First Data acquires majority stake in Korea Mobile Payment Services

First Data acquires majority stake in Korea Mobile Payment Services

US payments processor First Data has signed an agreement to acquire an 80% stake in Korea Mobile Payment Services (KPMS). Financial terms of the deal were not disclosed.

First Data names JPMorgan's David Dibble CTO

First Data names JPMorgan's David Dibble CTO

First Data Corporation has appointed former JPMorgan Chase technology executive David Dibble as its chief technology officer (CTO).

HBOS targets Australian market with First Data merchant acquiring JV

HBOS targets Australian market with First Data merchant acquiring JV

UK banking group HBOS is teaming with US payments processor First Data to provide merchant acquiring services in Australia.

First Data buys Citi merchant services unit; writes off Encorus investment

First Data buys Citi merchant services unit; writes off Encorus investment

First Data has signed an agreement to acquire the Citi Merchant Services unit, which provides credit and debit card payment processing services to around 15,000 merchant locations. Financial terms of the deal were not disclosed.

First Data to acquire Austrian Payment Systems Services

First Data to acquire Austrian Payment Systems Services

US-based First Data has signed an agreement to acquire Austrian Payment Systems Services (APSS), a bank-backed provider of card-based payment processing services.

US consumers prefer PINs to signatures

US consumers prefer PINs to signatures

US consumers prefer PIN-based verification when purchasing goods at the point-of-sale, according to a survey conducted by First Data subsidiary Star.

Postal Savings Bank in Greece signs for First Data card services

Postal Savings Bank in Greece signs for First Data card services

Greece's Postal Savings Bank has contracted with US-based First Data for the supply of card processing services to support its 2.5 million customers.

First Data and BNL form merchant acquiring joint venture

First Data and BNL form merchant acquiring joint venture

First Data is partnering with Banca Nazionale del Lavoro (BNL) to create a joint venture to provide merchant acquiring services for Italian merchants, including the technical and commercial management of point-of-sale payments transactions.

First Data targets CEE markets with EuroProcessing acquisition

First Data targets CEE markets with EuroProcessing acquisition

US-based First Data is continuing its expansion into Europe with the acquisition of EuroProcessing International (EPI), a provider of electronic payment processing services to banks in Central and Eastern Europe.

First Data inks Suncorp merchant processing deal

First Data inks Suncorp merchant processing deal

Australian banking group Suncorp has signed a seven year contract with US-based First Data for the supply of outsourced merchant acquiring and processing services. Financial terms of the agreement were not disclosed.

Nearly half of US adults have been phished

Nearly half of US adults have been phished

Consumer studies conducted by First Data indicate that 6.8% of US adults have been victimised by ID theft and 43.4% have direct personal experience of phishing fraud.

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