/ Technology

JPMorgan Chase hires a PayPal exec

Jack Stephenson will lead the company’s mobile devices and Internet payments strategy.

Posted 06/21/2010Zak StamborPost a comment

Related Searches:Chase Paymentech

/ 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

InfoGroup hires new information and financial execs

InfoGroup, a direct and e-mail marketing firm, has named Thomas J. McAlister its new chief information officer and Thomas W. Oberdorf its new chief financial officer.

Posted 12/08/2008Katie 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

Related Searches:Chase Paymentech

/ E-Retailers

Fingerhut funding growth with $290 million in financing

To fund growth, Fingerhut Direct Marketing has secured working capital financing of $290 million that includes a $40 million inventory credit line.

Posted 07/25/2007Bill BriggsPost a comment

/ Technology

Paymentech, Chase Merchant Services form joint processing entity

Paymentech and Chase Merchant Services have formed a joint merchant processing operation, Chase Paymentech Solutions LLC. The company is jointly owned by JPMorgan Chase & Co. (51%) and First Data Corp. (49%).

Posted 10/11/2005Paul DemeryPost a comment

Sponsored Case Study Spotlight

Infinity Resources has used Chase Paymentech to process its online payments since 2001. And Jeffrey T. Hejny, vice president of finance and controller of Infinity, one of the leading direct marketers of entertainment products and a service provider to other direct retailers, has no plans to switch. “The main reason we’ve kept this relationship together is because of their reliable processing that is consistently accurate for us,” Hejny says. “We...

Posted 04/09/2009Internet RetailerPost a comment