In the News
2008 In the News |
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May 30, 2008First 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 Results® Named to Collection Advisor Magazine's List of Top 100 Collection Technology Products for 2007 Intelligent Results®, 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) |
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