pymnts

First Data And Exec To Pay $40M To Settle FTC Fraud Case

Payments processing giant First Data Merchant Services and one of its executives will pay $40.3 million to settle allegations that they laundered credit card transactions for scams targeting hundreds ...
Digital Transactions

A Rogue First Data ISO Will Cost Fiserv $40 Million in a Proposed Settlement With the FTC

Fiserv Inc. and the former head of an independent sales organization will pay $40.2 million to settle charges brought by the Federal Trade Commission stemming from alleged illegal actions committed by ...
Seeking Alpha

Comparing First Data And Vantiv: A Quick Look Before Their Acquisitions

First Data acquired CardConnect in an effort to boost its global business solutions segment. The First Data mobile point of sale “Clover” is lagging behind more specialized providers like Square and ...
PE Hub

Fiserv to buy First Data for $22 bln, KKR to own 16 pct of combined company

KKR to own 16 pct of combined company Firserv plans to refinance ~$17 bln in First Data debt KKR acquired First Data in 2007 for $26 bln KKR just took another big step in its years-long exit of First ...
PE Hub

First Data announces private placement led by KKR

First Data has announced a $3.5 billion private placement led by KKR. First Data is a business that helps make payment transactions secure, fast and easy for merchants, financial institutions and ...
Business Wire

First Data and Mastercard Join Forces to Provide Digital Disbursements to Clients

NEW YORK--(BUSINESS WIRE)--First Data (NYSE: FDC), a global leader in commerce-enabling technology, and Mastercard (NYSE: MA) announced they have joined forces, enabling First Data to provide a ...
Business Wire

NYSE Welcomes First Data Corporation, Largest U.S. IPO of 2015

NEW YORK--(BUSINESS WIRE)--Payment technology company First Data Corporation (NYSE: FDC) began trading today on the New York Stock Exchange (NYSE) under the ticker symbol “FDC,” after its initial ...