OMAHA - First Bank of Beverly Hills has renewed its processing contract with First Data Merchant Services.
The bank, a client of the First Data Corp. subsidiary since 1994, processes $450 million in sales and 400 million transactions for 9,000 merchant outlets. Under the multiyear contract, First Data will do core accounting as well as front-end authorization and capture services.
Ken Adams, a senior vice president at the bank, said First Data had helped it increased its e-commerce business by nearly 38% in the past 12 months.
