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139 Results from /payments, "First Data Corporation"

/payments

RBS inundated with WorldPay offers

Royal Bank of Scotland has received over a dozen bids for its Global Merchant Services business, which includes WorldPay, with private equity groups, payment processors and IT vendors all in the frame.

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Card firms press US to file WTO complaint on access to China - Bloomberg

Card companies, including MasterCard and Visa, have approached the US government about filing a WTO trade complaint against China for cutting them out of the country's fast-growing, $723 billion, payment processing market, according to Bloomberg.

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First Data CEO Capellas steps down as firm narrows Q4 losses

First Data chairman and CEO Michael Capellas is stepping down to take up a role at Kohlberg Kravis Roberts (KKR). Meanwhile, the e-payments processor has narrowed its fourth quarter net losses on higher revenues and lower charges.

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Y2K-like bug knocks out BoQ Eftpos system

A Y2K-style bug affecting Bank of Queensland Eftpos terminals has left merchants across Australia unable to process card transactions over the New Year.

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European pre-paid market poised for growth - First Data

The pre-paid card market is set to see significant growth in the UK, Austria, Germany and Italy over the next 12 months as people look to control their spending, according to research from First Data.

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Turkey's TEB-BNP Paribas inks ATM deal with First Data

Turkish bank TEB-BNP Paribas and US vendor First Data have agreed to build a 1250-strong retail ATM network over the next three years.

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KKR preps First Data for IPO - FT

US e-payments processor First Data is being prepared for an initial public offering by owner Kohlberg Kravis Roberts (KKR), according to the Financial Times.

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Citi outsources US lockbox services to First Data

Citi has agreed an outsourcing agreement with First Data, handing over the core processing elements of its US lockbox operations.

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Tsys knocked by Bank of America/First Data joint venture plans

Payments processor Tsys says it stand to lose four per cent of its annual revenue as a result of plans by Bank of America to switch its 240,000 merchant relationships to a new joint venture company in partnership with First Data.

/payments

Bank of America and First Data set up merchant processing JV

Bank of America has outsourced its merchant processing to a new joint venture company established with First Data.

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Former First Data head Charles Fote to set up new payments venture

Charles Fote is planning a return to the electronic payments business with a brand new holding company, three years after stepping down as chairman and CEO of First Data.

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SIX Card Solutions moves into Austria with First Data deal

Swiss payments outfit SIX Card Solutions is to take over parts of First Data's Austrian processing business in a two-year phased transfer of staff and bank card transactions commencing in 2010.