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Apple Pay Coming to Target Stores; Expect a Lengthy Fiserv-First Data Integration; Mastercard’s $648 Million Fine
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Integrating Fiserv and First Data Could Take Up to a Decade, Report Says
The proposed mega-deal that has Fiserv Inc. buying First Data Corp. for $22 billion presents integration issues that could take up to 10 years to iron out, according to a new report. “The integration of two companies of this scale will undoubtedly be a challenge—the short-term shock will take more …
Read More »Fiserv’s Planned Acquisition of First Data Raises Questions About the Debit Market’s Future
The proposed merger of Fiserv Inc. and mega-processor First Data Corp. has huge implications for many parts of the payments industry. But the deal, if consummated as planned, could have an especially large effect on the U.S. debit card market. First Data owns the Star electronic funds network, while Fiserv …
Read More »Fiserv To Acquire First Data; New PCI Software Standards; BofA’s Zelle Volume Booms
Fiserv Stuns the Industry With a Massive All-Stock Acquisition of First Data
In a stunning announcement that surprised many observers, Fiserv Inc. said Wednesday morning it has struck a deal to acquire First Data Corp. with what the parties say will be the biggest ever such transaction in the payments and financial-technology businesses. The all-stock deal, expected to close in the third …
Read More »Visa’s Mixed EMV Results; Pay Attention to the Checkout; First Data’s Holiday Insights Dashboard
First Data Plans To Bring Its Popular Clover Platform to Full-Service Restaurants
First Data Corp. plans to further exploit its fast-growing Clover point-of-sale hardware and software platform for small and mid-sized businesses by bringing it to full-service restaurants. “Clover has always been strong in small, quick-service restaurants, but the FSR segment needs much deeper functionality and is a large addressable software market …
Read More »eBay Starts Managing Payments; FI’s Cost of Fraud Up 9%; USAePay Get First Data OK
Processors Beat the Market Again; Bitcoin and Merchants; TableSafe Gets First Data OK
First Data Extends Wells Fargo JV; Banks Leaking Payments Revenue; Shell In-Dash Pay Goes National
