21 Facts About First Data

In October 2015, First Data returned to public markets, selling 160 million shares in the New York Stock Exchange's biggest IPO of that year.

Two years later, First Data Resources was founded in Omaha, Nebraska in June 1971.

In 1976, First Data became the first processor of Visa and MasterCard bank-issued credit cards.

From 2001 through 2005, a period of expansion occurred as First Data acquired companies around the globe and in the US, including, in 2001, the acquisition of PaySys International and their VisionPLUS Payment Software System.

Nevertheless, First Data eventually divested, closed down or absorbed these businesses.

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In June 2014, First Data introduced the Insightics solution for small and medium size businesses.

In September 2014, First Data announced it would provide encryption technology for Apple Pay.

In October 2014, First Data announced the Enhanced TransArmor Solution for small businesses.

In late 2014, First Data announced its collaboration with Capgemini to develop new solutions based on First Data's AccessPLUS and VisionPLUS products, planning to offer new technologies in the second quarter of 2015.

In February 2015, First Data reported its first profitable quarter in 29 quarters since its 2007 privatization.

In July 2015, First Data acquired Transaction Wireless, a provider of gift card solutions.

In 2017 First Data announced the launch of their Integrated Solutions Group, with Edward Jackson to lead the new business segment.

In March 2017 First Data announced the acquisition of Acculynk, an ecommerce technology company focused on debit payments.

In May 2017 First Data announced their Global PFAC product, which provided payment facilitators with access to a single integration interface.

On May 29,2017 First Data announced its plans to acquire CardConnect, a provider of payment processing which processed approximately $26 billion of volume annually, for $750 million.

In June 2017, First Data launched Fraud Detect, which uses artificial intelligence and machine learning, fraud scoring, cybersecurity intelligence, and information from the "Dark Web" to identify potentially fraudulent transactions.

On October 20,2017, First Data announced plans to acquire BluePay, a technology-enabled payment processor with about $19 billion in annual volume, for $760 Million.

ICICI Merchant Services with First Data is offering 3D Secure merchant services along with MOTO Machine to merchant and store to process payment by credit card.

On January 16,2019, First Data announced it would be acquired by Fiserv in an all stock transaction valued at $22 billion.

In 2009 First Data announced that it was moving its headquarters from Greater Denver to Atlanta.

In 2015, First Data made a seven-year, $7 million commitment to the Institute for Veterans and Military Families at Syracuse University to fund education, research, training and other opportunities for transitioning veterans entering the business community.