Bank of America ponders scrapping paytech venture with First Data
The joint venture, Bank of America Merchant Services, accounts for 10-12% of First Data’s revenue.
First Data
Top fintech stories this week – 18 January 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Fiserv to acquire First Data for $22bn
Job cuts on the way as a fintech titan is born.
First Data teams with Ellie Mae for lending payments
Customers can accept payment for costs related to loan origination and processing.
First Data and Mastercard in digital disbursement duet
First Data’s disburse-to-debit solution will be available to Mastercard customers.
PSCU opens Midwestern Service Center in Omaha
PSCU, a credit union service organisation that supports more than 850 owner credit unions, opened its Midwestern Service Center in Omaha, Nebraska.
Alipay attacks Apple in North America expansion
Alipay is teaming up with First Data in North America as it looks to take a bite out of Apple’s market share. As Banking Technology previously reported, Alipay has been gaining plenty of traction around the globe – with HelloPay Group in Asia merging with Ant Financial (which runs Alipay); and inking deals with European […]
Peg Johnson named to i2c global leadership role
Global payments processor i2c Inc. has appointed Peg Johnson as executive vice president of global client success to oversee global operations of its client services and customer success organizations. Johnson will report directly to i2c CEO Amir Wain.
ABN Amro teams with First Data for payments
Dutch state-owned bank, ABN Amro, is partnering with US-based First Data for payments and will offer services through its joint venture European Merchant Services (EMS). EMS has been processing credit card and debit card payments for businesses for over 25 years, and ABN Amro says entrepreneurs and small business owners will be able to add […]
The non-bank bank?
Saxo Payments isn’t a bank, and the chief executive isn’t a banker. So how does he think he’s that’s going to help shake up international payments?
Huawei partners to push cloud transformation for financial IT
As part of its expansion into IT services, Chinese telecoms giant Huawei has partnered with 11 banking IT solution providers to establish an open platform ecosystem for the finance industry.
Saxo Payments to fulfil cross border transfers for First Data clients
Saxo Payments is collaborating with First Data to reduce costs and improve the speed of global transactions for First Data clients through a secure web interface through they can manage cross border transfers.
Capgemini and First Data forge payments development alliance
Technology consultancy Capgemini has formed a global alliance with First Data to develop payment software based on First Data’s VisionPlus and AccessPlus solutions. The pair say that they expect to begin delivering new solutions in the second quarter of this year.
Executive Profile: One on One with Mark Putman, First Data
As a startup veteran with five companies under his belt, Mark Putman never foresaw his future as an executive for a large company. Today, he oversees the prepaid business at First Data Corp., one of the world’s largest payments processors, as senior vice president of prepaid solutions.
Five Minutes with First Data
Paybefore chats with First Data’s Ben Love to get some insight into the company’s recent moves, as well as the future of payments.
