First Data
Company
Trillion-Dollar Tab Awaits Debtors...restructurings." Companies bought by private equity firms dominate Moody's list of those with the greatest financing needs. Univision, First Data and HCA all targets of takeovers backed by easy credit -- have a combined $39 billion due by... In this article: Moody's, McClatchy, Private equity, Bankruptcy, Burlington Northern Santa Fe, Community Health Systems, Media General, Kraft Foods, Standard & Poor's, and Calpine Corp. |
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bizjournals: Local Business News | 1 day ago
SquareTwo Financial names CFO
...officer, the Denver asset recovery and management company said Monday. Sampson previously was CFO of First Data Corp.'s financial services business. First Data moved its headquarters to Atlanta last year after nearly a decade in Greenwood...
In this article: First Data Corp., Subsidiary, Arthur Andersen LLP, Denver, and Atlanta
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New York Post | 3 days ago
Family gets $2.9M in 6-year-old boy's MRI death
...has received some justice. Hospital spokesman David Billig had no immediate comment. The state Health Department fined the hospital $22,000. First Data having hard time paying its debt 'A perfect fit': Winn ready to get going with Yankees
In this article: Electromagnet, Oxygen, Westchester Medical Center, and Yankees
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New York Post | 3 days ago
Colts' Wayne leaves practice; Freeney sits out
...for the Saints game. Indy has one more workout scheduled, a 40-minute walkthrough Saturday at noon, and Caldwell liked what he saw. First Data having hard time paying its debt 'A perfect fit': Winn ready to get going with Yankees
In this article: Dwight Freeney, Reggie Wayne, Jim Caldwell, Indianapolis Colts, Jerraud Powers, Surgery, Super Bowl, Miami Dolphins, Yankees, and Ryan Lilja
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New York Post | 4 days ago
Ketch-cup a Heinz slam-dunk
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New York Post | 4 days ago
'Slots' of doubt
...to investigate the holy snake.he is corrupt and a thief and he needs to be indicted My night with a prosti-dude Brooklyn pup is one lucky dog First Data having hard time paying its debt 10 Americans charged with kidnapping in Haiti
In this article: Floyd Flake, Dog, Aqueduct Racetrack, and New York
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New York Times | 7 days ago
Wall of Junk Debt Maturities Looms, Moody's Says
...a subsidiary of the utility player TXU (now known as Energy Future Holdings); the hospital operator HCA; the data services provider First Data; and the chip maker Frescale Semiconductor. But 2009 also saw a wave of high-yield debt offerings...
In this article: Moody's, Subsidiary, Credit crunch, and Energy Future Holdings
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Reuters | 7 days ago
Moody's sees junk risk in $1.4 trln refinance wave
...activity leading up to 2007, before the global credit crisis took hold, the rating company said, noting mega deals from TXU, HCA, First Data, Univision and Freescale. While debt coming due in the next two years won't pose a great risk, the...
In this article: Moody's, U.S., Recession, Bankruptcy, Harrah's Entertainment, and Masco
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WSJ.com: Markets | 7 days ago
Moody's Warns on Deluge of Debt
...months. Other companies with large amounts of debt due in the next several years include health-care provider HCA Inc., Ford Motor Co. and First Data Corp., each of which has about $15 billion maturing, according to Moody's. An...
In this article: Moody's, Balance sheet, First Data Corp., Subsidiary, Bankruptcy, Liability, Cash flow, and Unemployment
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BusinessWeek Online | February 01, 2010
Blackstone, TPG Said to Mull Bids for RBS’s WorldPay Unit
...of which it bought 51 percent in March from Fifth Third Bancorp, Ohio's largest lender. KKR may decide to bid with Colorado-based First Data Corp., a company it owns, two of the people said. UBS AG, which is managing the sale, may...
In this article: RBS, Blackstone Group LP, Private equity, UBS AG, London, Stephen Hester, Fifth Third Bancorp, and First Data Corp.
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Centre Daily Times | January 18, 2010
First Data Assists Earthquake Relief Efforts in Haiti
...Haiti and its people during this tumultuous and difficult time and as they begin the re-building process. " About First Data First Data powers the global economy by making it easy, fast and secure for people and businesses to buy goods...
In this article: Haiti, Unicef, Goods and services, Debit card, Michael Capellas, United Nations, and U.S.
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More on First Data
Description from Wikipedia:
First Data Corporation is an American payment processing company headquartered in Greenwood Village, Colorado. First Data is a provider of electronic commerce and payment solutions, and the company's chief rival is TSYS. The company's portfolio includes merchant transaction processing services; credit, debit, private-label, gift, payroll and other prepaid card offerings; fraud protection and authentication solutions; electronic check acceptance services through TeleCheck; as well as Internet commerce and mobile payment solutions. The company's STAR Network offers PIN-secured debit acceptance at ATM and retail locations. ==History==
In 1969, the Mid-America Bankcard Association (MABA) was formed in Omaha, Nebraska, as a non-profit bankcard processing cooperative. Two years later, First Data Resources (FDR) incorporated in June to become a for-profit organization providing processing services to MABA. FDR had 110 employees and $2 million in annual revenues. First Data is an agglomeration of various cooperative associations which were initially established to provide credit card data processing services for member banks. These include Eastern States Bankcard Association; Atlantic States Bankcard Association; Southwestern States Bankcard Association; Mountain States Bankcard Association, and Western States Bankcard Association.
In 1980, American Express Information Services Corporation (ISC) bought 80% of FDR. The remaining 20% was purchased in 5% increments each subsequent year until June 1983. First Data Corporation spun off from American Express and went public in 1992. In 1995, the company merged with First Financial Management Corp. (FFMC) and was then organized into three major business units serving card issuers, merchants and consumers. Western Union became part of First Data as a result of the merger with FFMC.
- Name:
- First Data
- Type:
- Private
- Location:
- Greenwood Village, Colorado
- Founded:
- 1969
- Industry:
- Finance and Insurance
- Key People:
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- Michael Capellas
- Chairman & CEO
- Products:
- Financial services
- No. of Employees:
- 27,000 (2008)
- Motto:
- Intelligence in every transaction
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