In the News

2008 In the News

August 20, 2008
Getting in the Game Entertainment firm hopes to make payments a contactless sport.
Patricia A. Murphy
Stores


August 20, 2008
A Processor's View of Mobile Commerce Mobile commerce - using a wireless device such as a mobile phone to pay for purchases - is coming to a mobile handset near you.
Kate Fitzgerald
Cards & Payments


August 15, 2008
Merchants Tackle Two Fronts With ACH Check Conversion With two widely tested options for turning checks into electronic transactions, more merchants are converting checks at the point of sale.
Nadia Oehlsen
Cards & Payments


July 14, 2008
First Data: Looking ahead, moving forward First Data continues its focus on innovative services for merchant level sales people and independent sales organizations to offer their merchants as well as expanding its presence in international markets. Among the key developments are First Data's announcement to acquire InComm, a leading innovator of prepaid marketing, distribution and technology; efforts to help merchants and customers adapt to the coming age of mobile commerce; and announcement to acquire 50 percent of Eufiserv's electronic processing business.
Mike Miller
The Green Sheet


May 30, 2008
First Data Moves Forward in Prepaid Processing giant First Data has employed a comprehensive front-to-end approach to its prepaid offerings that underpins a firm belief in the potential of the market. Truong Mellor looks at the company's current operations and future areas of growth, including its acquisition of InComm.
Truong Mellor
Prepaid Cards International


May 22, 2008
Once Languishing, POP Now Gets a Warm Welcome from Merchants A payment method that lets merchants convert checks at the cash register into electronic transactions shows signs of picking up momentum across a spectrum of retailers. It's quite a turnaround for the point-of-purchase electronic-check application (POP), which relies on the automated clearing house network for settlement. Only a few years ago, the application was stagnating as merchants shunned it. Now, volume is growing fast and merchants are starting to laud it for reducing bank fees, transaction costs, and check losses.

Digital Transactions News


May 20, 2008
First Data's TeleCheck Awarded NACHA's 2008 Kevin O'Brien ACH Quality Award The Electronic Payments Association award its 2008 Kevin O'Brien ACH Quality Award to TeleCheck Services, Inc., a First Data company, for its leadership and contributions to advancing the highest standards of efficiency and ACH Network quality.

NACHA Press Release


May 15, 2008
The Importance of Marketing in E-Tailing First Data's widespread gift card distribution is both payment solution and marketing technique for online retailer 9:24 Sports. Through First Data the company's gift cards, which account for 95 percent of the store's online transactions, are now available in 58,000 convenience and grocery stores.
Erin Harris
Integrated Solutions for Retailers


May 01, 2008
Economic Storms and the Elements of Risk With the confluence of plummeting housing values, the credit crunch, rising oil prices and core inflation dragging the economy into uncharted territory, lenders are reevaluating whether existing analytical models used to predict risk and delinquencies are adequate.
Peter Lucas
Collections & Credit Risk


April 17, 2008
After Two Months, Signs Are Positive for Multi-Account NFC Pilot Anecdotal evidence indicates consumers are pleased with a mobile-payments pilot in San Francisco using phones equipped with near-field communication (NFC) technology and involving the Bay Area Rapid Transit rail system and Jack in the Box Inc. fast-food restaurants.

Digital Transactions


April 11, 2008
Small Businesses Use Credit Cards to Make Up for Shortage of Loans An interview with O.B. Rawls, senior vice president of sales at Tasq Technology, a Rocklin, Calif.-based point-of-sale terminal distributor.

Iso & Agent Weekly


April 08, 2008
Capellas: Data analysis key to business success Businesses that analyze their customer data efficiently can lower risk and fraud and boost their marketing and sales, said Michael Capellas, CEO of electronic transactions processor First Data.
Juan Carlos Perez, IDG News Service
Network World


March 17, 2008
Promotional programs reward loyal diners and differentiate concepts Twenty years ago, many of the nation's most loyal consumers joined their favorite airline's frequent-flyer program or signed up for an affinity credit card from their preferred financial institution. Today, loyalty programs are a mix of creativity, innovation, marketing and technology that are changing behaviors and driving benefits for both restaurateurs and consumers.
Doug Dwyre
Nation's Restaurant News


February 08, 2008
Clearing Hurdles - ACH Payments may account for 75 percent of checks by 2012 Check writing is on the decline, but with the billions of checks still being written by American consumers each year, retailers and others on the receiving end are looking more closely at electronic alternatives to traditional check clearing.
Patricia A. Murphy
Stores


February 01, 2008
Intelligent ResultsŪ Named to Collection Advisor Magazine's List of Top 100 Collection Technology Products for 2007 Intelligent ResultsŪ, a leading provider of analytics and decision management technology -- and now part of First Data, has received Collection Advisor magazine's 2007 Readers' Choice Collection Product of the Year Award.

Collection Advisor


January 21, 2008
Technology Deal of the Year- KKR gets past market turmoil with buy of First Data Private equity firm Kohlberg Kravis Roberts' $29 billion acquisition of First Data was a closely watched transaction, not only due to its size, but because it was the first major issuer to test the leverage loan markets after the credit crunch.
Jessica Papini
Investment Dealers' Digest (IDD)