First Data (FDC)

Reuters  Oct 3  Comment 
* Directcash Payments announces acquisition of Australian ATM assets from First Data Corporation
Financial Times  Sep 14  Comment 
Astronomers publish first data from Gaia space telescope
Clusterstock  Aug 31  Comment 
Leon Cooperman is done with Netflix for now. The hedge fund legend told CNBC on Wednesday that the video-streaming company is no longer in his portfolio for "no particular reasons." "I think ultimately Netflix is going to work, but I think...
Benzinga  Aug 30  Comment 
  Piper Jaffray initiated coverage on Sophiris Bio Inc (NASDAQ: SPHS) with an Overweight rating. Sophiris Bio shares gained 4.75 percent to $3.53 in pre-market trading. Craig-Hallum initiated coverage on First Data Corp (NYSE: FDC)...  Aug 11  Comment 
Six roles to be created at data science campus in Wales set up in wake of scathing review into quality of economic statistics The UK’s statistics office has begun recruiting its first data analytics apprentices, following a critical review into...
Clusterstock  Aug 2  Comment 
This story was delivered to BI Intelligence "Payments Briefing" subscribers. To learn more and subscribe, please click here. While First Data posted better-than-expected results in its third quarter as a public company, revenue in the largest...
Benzinga  Aug 1  Comment 
First Data Corporation (NYSE: FDC) announced better than expected earnings for the second quarter driven by health margin compression and lower interest costs. Its revenue recorded two percent growth and excluding currency impact, it would have...
SeekingAlpha  Aug 1  Comment 
Benzinga  Jul 19  Comment 
  Analysts at Barclays initiated coverage of MPLX LP (NYSE: MPLX) with an Overweight rating. The price target for MPLX is set to $42. MPLX shares fell 0.96 percent to close at $33.00 on Monday. Analysts at Summit Redstone assumed ...


You may also be interested in articles related to First Data (FDC):

First Data

Plastic money and checks have been replacing the real money for many reasons but mostly for convenience. With this great change that has crept into our lives and economy, many credit card processors have established themselves, in the past decades as processor of these financial instrments. These processors, including First Data has been innovative and in keeping with need of of the merchants and credit card holders have been adding to their services other pertinent and relevant services. Aside from Payment Card Processing, services like Check Processing, Money Transfer Services, Point of Sale Services and in some cases Gaming Products and Services have been included and are popular.These processors provide connectivity between the point of sale (POS) at merchant locations and the issuing banks. They receive sales requests, also known as authorizations, when consumers either have their credit cards swiped on a terminal in a retail store or enter their credit card information on an Internet merchant’s web site using a secure payment page. The purchase amount (or transaction) is then routed to the bank that issued the card to confirm the status of the consumer’s credit card account. If approved, the sale is captured and the approval message is sent back to the merchant. Processors earn the fees to do this work. Although the fee is small the progressive use of credit card is making the collective amount of fees to be large.

Next two credit cad processors viz Global Payment and Total Systems Services whaich are quoted in NASDAQ are about 5% in size of First Data in processing. In other segments of services though like money transfer, other organizations like Western Union and Moneygrams may be having larger market share.

The article is not complete yet.


Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki