Digital Transactions

A Rogue First Data ISO Will Cost Fiserv $40 Million in a Proposed Settlement With the FTC

Fiserv Inc. and the former head of an independent sales organization will pay $40.2 million to settle charges brought by the Federal Trade Commission stemming from alleged illegal actions committed by ...
PE Hub

Fiserv to buy First Data for $22 bln, KKR to own 16 pct of combined company

First Data Chairman and CEO Frank Bisignano (C) rings a bell to signal the start of trading after his company's IPO on the floor of the New York Stock Exchange on October 15, 2015. REUTERS/Brendan ...
PE Hub

First Data announces private placement led by KKR

First Data has announced a $3.5 billion private placement led by KKR. First Data is a business that helps make payment transactions secure, fast and easy for merchants, financial institutions and ...
Digital Transactions

Now That First Data Is Part of Fiserv, Strategies Emerge to Reinforce Banks’ Role in Payments

In what may be the biggest anticlimax in their careers, employees at First Data Corp. will walk into their offices Monday morning as employees of Fiserv Inc. And if Fiserv chief executive Jeffery ...
Atlanta Journal-Constitution

Atlanta’s First Data, former exec to pay $40 million for scam charges

Federal regulators ordered Atlanta-based First Data and a former executive to pay a combined $40 million for their involvement in electronic payment scams that stole millions of dollars from consumers ...