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First Data Corporation. First Data Corporation is a financial services company headquartered in Atlanta, Georgia, United States. The company's STAR Network provides nationwide domestic debit acceptance at more than 2 million retail POS, ATM, and at online outlets for nearly a third of all U.S. debit cards. First Data has six million merchants ...
Clover was acquired on December 28, 2012, by First Data Corporation, which itself was acquired by Fiserv, the world's largest merchant acquirer, on July 29, 2019. Bank of America Merchant Services was the first to announce it would sell Clover to its merchant base in October 2013.
Advised CardConnect on its sale to First Data for $750 million in May 2017. The fee charged struck First Data executives as so egregious that they asked CardConnect to get it reduced. Advised Cayan on its acquisition by TSYS for $1 billion in January 2018. Advised GreenSky on its IPO in May 2018.
Fiserv acquired First Data for $22 billion, while Global Payments scooped up TSYS for $21.5 billion and Worldline bought Ingenico for 7.8 billion euros.
In 1997, Chase Paymentech was created as a joint venture between Chase Merchant Services and First Data Corporation (FDC). That year, First USA was acquired by Bank One. In 2001, Paymentech completed the largest retail merchant conversion and launched its Orbital Gateway. In 2002, Chase Paymentech acquired the merchant acquiring portfolios of ...
Newport University (also known as Janus University of California) Occupation. Businessman. Title. President and CEO, Fiserv. Website. Executive Leadership at Fiserv. Frank J. Bisignano (born August 9, 1959) is an American businessman and the president and CEO of Fiserv. He previously was the CEO of First Data, and the COO of JPMorgan Chase .
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