Visa Inc. and First Data’s STAR Network announced an agreement to share Visa’s common debit solution offering issuers, acquirers and merchants a streamlined and cost-effective approach for debit EMV chip adoption. EMV cards contain an embedded computer processor or a chip that generates a one-time code for each transaction making it nearly impossible for criminals
First Data Corporation, a provider of in payments processing and electronic commerce solutions, has released its First Data SpendTrend analysis for Jan 2014, compared to Jan 2013. SpendTrend tracks same-store point-of-sale data by credit, signature debit, PIN debit, EBT, closed-loop prepaid cards and checks from nearly four million U.S. merchant locations serviced by First Data.
First Data Merchant Solutions, First Data’s direct-to-market merchant acquiring business, and Diners Club International, a business unit of Discover Financial Services, today announced the go-live of their merchant acquiring agreement in the UK. The deal will allow First Data Merchant Solutions clients to readily accept all cards on the Discover Global Network including Diners Club
The Board of Directors of First Data Corporation, a global leader in electronic commerce and payment processing, announced that Frank Bisignano has been named chief executive officer (CEO), effective April 29, 2013. He will also join the First Data board of directors concurrent with his appointment. Prior to the appointment, Bisignano most recently served as
