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19 Results from "First Data Corporation", 2005

/retail

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.

/retail

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.

/retail

SunGard deal shines light on IT stock prices

Merrill Lynch analysts say the $11.3 billion private equity buyout of SunGard indicates that Wall Street is seriously undervaluing cash generative IT and business process outsourcing vendors.

/retail

Peppercoin and SunTrust ink micropayments deal

US micropayments firm Peppercoin has inked an alliance deal with SunTrust Merchant Services, a joint venture between SunTrust Banks and First Data Corporation, to deliver a small payments processing service to merchants. Reino Parking Systems has been signed as the first client.

/retail

First Data hires FleetBoston's Bakhshi to head new mobile division

US electronic payments processor First Data is establishing a business unit focused on delivering mobile payments and services, and has appointed FleetBoston's Nandita Bakhshi to head up the new division.

/retail

First Data acquires Fineco card processing unit

In an effort to capture a bigger slice of the Italian transaction processing market First Data has acquired the credit card business unit of direct bank Fineco

/retail

First Data and MasterCard welcome Washington Mutual deal

First Data is reporting a new debit card processing deal with Washington Mutual, as the US' largest savings and loan switches from Visa to MasterCard-branded cards.