17 Results from /payments, "First Data Corporation", 2005
/payments
US e-payments processor First Data says it is cutting three per cent of its workforce and will implement further cost reduction measures before the end of the year.
16 December 2005
California's Debitman Card has signed Wal-Mart and Sam's Club to its retailer-issued debit card programme, which is promoted as a cheaper alternative to bank-backed debit cards.
14 November 2005
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.
09 November 2005
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.
20 October 2005
First Data Corporation has appointed former JPMorgan Chase technology executive David Dibble as its chief technology officer (CTO).
15 September 2005
UK banking group HBOS is teaming with US payments processor First Data to provide merchant acquiring services in Australia.
06 September 2005
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.
10 August 2005
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.
05 August 2005
US consumers prefer PIN-based verification when purchasing goods at the point-of-sale, according to a survey conducted by First Data subsidiary Star.
04 July 2005
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.
22 June 2005
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.
14 June 2005
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.
10 June 2005
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