/ Technology

New to e-commerce? Watch your back

Newcomers to e-retailing need to aggressively manage risks to security, First Data’s Souheil Badran says.

Posted 09/16/2010Paul DemeryPost a comment

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/ Technology

Visa paid a premium for CyberSource with an eye to e-commerce`s future

Visa Inc. agreed to pay $2 billion for CyberSource yesterday, which amounts to a price/earnings ratio of about 32.

Posted 04/22/2010Zak StamborPost a comment

/ Technology

First Data and Bank of America team up in payment processing

First Data Corp., the big card processor whose joint venture with JPMorgan Chase dissolved last year, has partnered with another big bank on payment processing. The new entity creates a major competitor to First Data’s former partner, Chase Paymentech.

Posted 06/30/2009Katie DeatschPost a comment

/ Technology

Mocapay names new CEO

Former First Data Corp. executive Kevin Grieve will lead strategy and partnerships for the mobile marketing and payment provider’s platform. He replaces Rod Stambaugh, who stays on as chief strategy officer and board member.

Posted 07/07/2008Katie DeatschPost a comment

/ Technology

Big e-commerce payment processor Chase Paymentech to split in two

The result could be more competition as First Data Corp., the biggest U.S. card processor and one of the partners in Paymentech, is freed to develop its own online payment processing service.

Posted 05/27/2008Katie DeatschPost a comment

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