Banc One Corp. has become the third financial institution to join First Data Corp.'s merchant bank alliance program.

As in previous deals with U.S. Bancorp and Norwest Corp., First Data is flexing its muscle in merchant processing with a service designed to keep banks in a business that many of them shunned in recent years.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.