Sisk, Michael
July 2006
Bank Technology News;Jul2006, Vol. 19 Issue 7, p22
Trade Publication
The article reports on the business strategy of First Data Corp. to sell Western Union so that it can focus on its core business of card processing. First Data's strategy of thriving in the competitive credit card business is to concentrate on one platform for all card types, one-to-one marketing and one partner charged with business continuity. Further, the company has updated its capabilities for disaster recovery.


Related Articles

  • First Data, Donnelley join to fight credit bureaus. Meece, Mickey // American Banker;8/6/1996, Vol. 161 Issue 149, p12 

    Reports on the entry of First Data Corp. and Donnelley Marketing Inc. into the credit card business. Aim of moving marketers away from the credit bureau lists; Product offerings.

  • A battle is brewing. Randigan, Joseph // U.S. Banker;Nov94, Vol. 104 Issue 11, p17 

    Reports on the competition in the merchant credit card processing market. First Financial Management Corp.'s (FMMC) acquisition of Western Union's money transfer business; First Data Corp. (FDC) as FMMC's top competitor; Fragmentation of the market; FDC's back-office contracts with second and...

  • PNC forms partnership in bid to join card elite. Kutler, Jeffrey // American Banker;4/10/1995, Vol. 160 Issue 68, p1 

    Reports on PNC Bank Corp.'s strategic alliance with First Data Corp. and Card Issuer Program Management Corp. to enhance its credit card issuer ranking. Performance of the company's Delaware credit card bank; Comments of A. William Schenck; Forecasted growth rate of the company in the card...

  • Better health, better benefits.  // Finance Week;5/11/2005, p49 

    The article focuses on the marketing strategy adopted by the health care company Vitality. Barry Sundelson, head of Vitality, says that their strategy is not in response to those of their competitors within the healthcare industry. A lot of careful thought and planning has gone into the...

  • Visa Europe plans business strategy shake-up.  // Precision Marketing;11/12/2004, Vol. 17 Issue 4, p1 

    Reports on the plans of Visa Europe to change its marketing activity and budget following the appointment of marketing chief, Gabriele Cappelletti.

  • First Data Report Lays Out Debit Issuers' Obstacles. Fitzgerald, Kate // American Banker;7/27/2010, Vol. 175 Issue 114, p6 

    The article examines research on debit cards conducted by First Data Corp. A report on a survey of bankers concerning debit cards, whose conclusions where that dramatic changes in marketing and fraud prevention were needed to increase debit card profits, is discussed. Increased regulation of...

  • 'New' First Data Shifts To an Industry Focus. Green, Jeffrey // Cards & Payments;Sep2006, Vol. 19 Issue 9, p40 

    The article reports on the expectations of First Data Corp. to complete its planned spin-off with Western Union, the company's well-known and historically profitable remittance subsidiary in the U.S. Henry C. Duques, First Data's chairman and CEO, has stated that their focus will be on growing...

  • First Data Offers Instant Decision on Card Applications Over Web. KINGSON BLOOM, JENNIFER // American Banker;6/30/1999, Vol. 164 Issue 124, p13 

    Reports on First Data Corp.'s introduction of a product that lets banks make instant decisions on credit card applications submitted through the Internet. Addition of Internet interface with the ability to provide instant decision making and instant line of credit.

  • First Data Likes Outcome Of Wal-Mart Case, a Lot. Breitkopf, David // American Banker;5/12/2003, Vol. 168 Issue 90, p1 

    Focuses on various issues related to commercial cards, discussed by Denver, Colorado-based First Data Corp. at a meeting held in New York on May 8, 2003. Presentation of Western Union payment card to be introduced; Business operations of First Data Corp.; Agreement of the company to buy Concord...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics