139 Results from /payments, "First Data Corporation"
/payments
A computer hardware problem at payments processor First Data resulted in double and triple billing of the cardholder accounts of shoppers at Wal-Mart stores last week.
06 April 2004
Encorus Technologies has won a multi-year contract to provide transaction processing for Simpay, the mobile payment scheme founded by Orange, Telefónica Móviles, T-Mobile and Vodafone.
05 April 2004
First Data subsidiary Remitco is to acquire five Wachovia retail lockbox centres as part of an agreement to provide the US bank with national remittance processing services.
23 February 2004
Electronic payments processor Total Systems Services (TSYS) is to cut its workforce by 237 employees in a cost-cutting and efficiency drive.
05 February 2004
Nyce Corporation has filed a lawsuit against Concord EFS for allegedly breaching routing agreements relating to debit card payments.
23 January 2004
Panama-based Banco General is teaming with First Data to establish a card processing centre that will provide outsourced services to financial institutions across Latin America and the Caribbean.
19 December 2003
First Data will continue to provide card processing services to Bank One through to September 2005, after resolving a dispute over the termination of its initial contract with the bank.
17 December 2003
First Data has agreed to divest its 64% ownership stake in the Nyce debit card network in return for regulatory approval of its proposed purchase of rival credit card processor Concord EFS.
16 December 2003
First Data shareholders have voted to approve the company's $7 billion merger with Concord EFS, despite the threat of a US antitrust judgement against the proposals.
29 October 2003
Wachovia Corporation has selected Visa USA and First Data subsidiary NYCE to run its debit card and ATM transaction businesses. Financial terms were not disclosed.
29 August 2003
China Everbright Bank has signed a multi-year agreement with First Data for the supply of credit card and merchant processing services.
13 August 2003
MasterCard is to work with eONE Global offshoot Velosant to develop a business-to-business payment solution for the public and private sector.
09 June 2003
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