First Data

Former British Prime Minister David Cameron will join First Data Corp.’s international advisory board as the payments processor expands its global presence.

A trip to the doctor's office requires a lot of forms, oftentimes collecting the same information for different purposes. This redundancy is a clear example of where technology can offer a better experience.

First Data Corp. is joining in the movement to provide speedy payments to participants in the gig economy of independent contractors by rolling out a debit-powered disbursement product.

Payments’ gradual shift from physical to digital channels is translating into fewer feet on the ground for Bank of America Merchant Services, which recently cut 10% of its workforce, citing changes in its marketing strategy.

First Data is one of many payments companies working to get its customers back up and running in the wake of the severe storms, but it's also a victim — its center in Sugar Land, Texas, suffered flooding, causing the Atlanta-based company to set up operations at a hotel in Houston for 400 staff.

New entrants don’t pose a disruptive threat to the incumbent cohort of issuers, credit card networks and acquirers primarily because the incumbents — Visa, Mastercard and First Data — are prepared to compete in all segments of the market.

The incumbents, such as Visa, Mastercard and First Data, are prepared to compete in all segments of the market, writes Subhajit Das, a visiting research fellow at the Christensen Institute from Tata Consultancy Services.

First Data has entered into several partnerships and made acquisitions as it attempts to diversify its product line to adjust to the growth of digital payments.

With midsize businesses still handling the majority of their accounts payable via checks, large corporations are reaping the benefits of digital or card payments. A lot of this has to do with a misunderstanding of the options available to them.

Google is getting in on the card-linked offers movement with a new API enabling merchants to send targeted offers to consumers who store a loyalty card within Android Pay.

Processors are investing billions of dollars to build huge menus of tools for retailers that may no longer have the time to work with multiple vendors. These transformations are years in the making, and each investment or acquisition has the potential to dramatically change the competitive landscape.

Alipay's big partnership with First Data will extend its merchant base, but travelers from China will benefit before U.S. consumers.

Alipay wants to leverage the millions of Chinese customers who travel abroad by offering them services in different parts of the world.

Jack Henry will be able to provide full-service credit and debit card processing to all existing core bank and credit union clients on a single platform.

The payments processing and technology giant should add more merchant services and marketing to its Star network to overcome competitive and regulatory pressure, writes Eric Grover, a principal at Intrepid Ventures.

InfineaPay is designed to improve time to market EMV compliance on the Apple platform for transportation, retail and hospitality companies.

First Data is teaming up with the bank to deepen the pool of knowledge and connections from which startups in the program can benefit.

A technology development program will provide access to mentors and collaboration for developers.

Today, less than 10% of all gift cards sold in the U.S. are digital. That could start to change, as the industry's heavy hitters break down the walls between their plastic and digital gift card operations to spur global growth.

When most of the payments industry was working to find a way to accommodate the Durbin amendment's routing rules for EMV debit cards, First Data acquisition target Acculynk had its attention focused elsewhere.