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3Vote!

Newtek Business Services Inks Deal With First Data Corp. And Wells Fargo Bank, N.A.

November 23, 2009 (FinancialWire) Newtek Business Services, Inc. (NASDAQ: NEWT), a provider of business services and financial products to the small- and medium-sized business market, reported its electronic payment processing division has entered into new agreements with Wells Fargo Bank, N.A. and First Data Corp. to facilitate its continued growth in services and capacity in the payment processing...

3Vote!

Water Mission Returns First Data

Smos builds up its map data in strips as it sweeps around the Earth From BBC: Europe's latest Earth observation satellite has returned its first data. Smos was launched earlier this month on a quest to help scientists understand better how water is cycled around the Earth. The spacecraft will make the first global maps of the amount of moisture held in soils and of the quantity of salts dissolved in...

3Vote!

Alcatel-Lucent Completes the World's First Data Call on a Live LTE Network in the 800 MHz "European Digital Dividend" Spectrum Band

PARIS, November 19 /PRNewswire-FirstCall/ -- Alcatel-Lucent (Euronext Paris and NYSE: ALU) successfully completed the worldwide first long term evolution (LTE) data call on the 800 MHz "European Digital Dividend" (EDD) spectrum band in a live network. The call was completed in October at Alcatel-Lucent's 4G/LTE end-to-end solutions center in Stuttgart, Germany, involved transmitting high-definition...

5Vote!

More on Bling Nation's $20 Million Raise

Network challenger uses handsets not cards, focuses on an underserved niche Analysis by: GLG Expert Contributor Analysis of: Bling Nation Secures $20 Million in Series B Funding Summary Bling Nation is launching a new retail electronic payment system – a daunting challenge in a well served and intensely competitive market where scale and network effects matter enormously. However its targeted...

3Vote!

Gift cards deals to die for

Filed under: Shopping , Economizer To give, or not to give a gift card? No matter how impersonal it may seem, this holiday season it's a proposition that will be hard to resist. Retailers are stepping up offers that include gift cards as bonuses or dangling free cards with purchases. They're doing so for good reason: Gift cards will be the most requested gift during this year's holiday season, according...

3Vote!

First Data posts deeper Q3 loss

First Data Corp.’s revenue rose 13 percent in the third quarter, but it went deeper into the red as the weak economy and constrained credit continue to weigh on the company’s results.

3Vote!

First Data Reports Financial Results for 3Q2009

First Data Corp. has reported its financial results for the third quarter ended Sept. 30, 2009 with consolidated revenue of $2.4 billion, up 13% - primarily driven by the new Bank of America Merchant Services alliance.

3Vote!

KKR-held First Data reports widening loss

LONDON (MarketWatch) -- Payment processing firm First Data said its third-quarter loss widened to $289 million from $164 million, while revenue rose 13% to $2.44 billion. The group noted a stronger U.S. dollar, lower royalty revenue and higher merchant credit losses. First Data is owned by private-equity firm Kohlberg Kravis & Roberts . Market Pulse Stories are Rapid-fire, short news bursts on...

3Vote!

First Data Reports Third Quarter Revenue of $2.4 Billion

ATLANTA--(BUSINESS WIRE)--First Data Corp. today reported its financial results for the third quarter ended Sept. 30, 2009. Consolidated revenue was $2.4 billion, up 13%. Consolidated revenue growth was primarily driven by the new Bank of America Merchant Services alliance. Bank of America Merchant Services is First Data’s largest merchant acquiring alliance and was established in June 2009 after...

3Vote!

TD Merchant Services Becomes Full Service Acquirer in Canada

TD Merchant Services has announced that it has signed a definitive agreement to acquire certain MasterCard merchant acquiring accounts from First Data in Canada. Concurrently, First Data will acquire a small number of VISA accounts from TD. The transaction is subject to regulatory approvals and other customary closing conditions and is expected to close in December. The transaction is not expected...

5Vote!

First Data to Integrate Accertify’s Fraud Prevention Platform

New Offering to Deliver Online Merchants Complete Fraud Detection Capabilities ATLANTA & CHICAGO - First Data , a global leader in electronic commerce and payment processing services, and Accertify, a leader in online fraud prevention, today announced an agreement to integrate Accertify’s fraud prevention platform with First Data’s eCommerce processing gateways and platforms. The integration...

5Vote!

Western Union Promotes Hikmet Ersek to Chief Operating Officer

ENGLEWOOD, Colo.--( BUSINESS WIRE )--The Western Union Company (NYSE:WU) today announced the promotion of Hikmet Ersek to chief operating officer effective January 1, 2010. In his new role, Ersek will continue to report to Christina A. Gold, president and chief executive officer, and will have responsibility for all of Western Union’s business units around the world, as well the company’s...

3Vote!

First Data to Integrate Accertify's Fraud Prevention Platform

First Data and Accertify have announced an agreement to integrate Accertify's fraud prevention platform with First Data's eCommerce processing gateways and platforms. According to the two companies, "the integration of Accertify's Interceptas® platform will provide First Data with a comprehensive, end-to-end fraud deterrence solution. This solution will equip First Data's customers with tools...

3Vote!

Denver Direct Marketing - A Powerful Tool for Real Estate Businesses

By Geoff Graham Denver has become a very popular place to live in recent years. With its great views and busy downtown, Denver has something to offer to all of its residents. Downtown consists of many large businesses and skyscrapers however several suburbs exist offering a quieter atmosphere. Despite the fact that the city is still pretty new, it is growing at a very steady pace. Denver has a lot...

5Vote!

Verifone and First Data Team Up for Security

Atlanta & San Jose, Calif. -- First Data, a global technology and payments processing leader, and VeriFone Holdings, Inc. (NYSE: PAY), a global provider of secure payment solutions, today announced a strategic partnership to promote and enhance secure payment solutions. Under the relationship, First Data has become a preferred distributor and reseller of VeriFone secure countertop payment solutions...