News
- FIRST DATA’S LATVIAN BUSINESS DEVELOPS INNOVATIVE SOLUTION FOR THE ELECTRONIC PAYMENT CARDS INDUSTRY
Riga, March 20, 2009: First Data, a global leader in electronic commerce and payment services, has turned a new page in the history of payments processing in the Baltic countries. In the last three months, specialists at First Data have implemented an innovative payment card acquiring solution which has radically changed the daily work of public sector authorities, such as the Road Traffic Safety Directorate (RTSD), and public and private health insurance providers The solution makes it possible for public authority offices to accept card payments and process electronic health insurance cards through point of sale terminals. All these projects had one aspect in common: they required the classification of transaction data in accordance with public authorities’ accounting systems.
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Riga, Latvia, 17 August 2006 : First Data International, a leader in electronic commerce and payment services around the world, is supporting Nordea, a leading financial services group in the Nordic and Baltic regions, and Sampo, Finland’s premier bank, on their joint project to launch a major new ATM network across the Baltic region. This is the first time that two leading financial institutions have co-operated to develop such an important piece of infrastructure in the region.
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Riga, Latvia, 16 August 2006: One year ago, First Data International, a leader in electronic commerce and payments worldwide, announced its decision to acquire EuroProcessing International, a leading payment cards processor in Central and Eastern Europe. As a result, SIA Banku Servisa Centrs, the largest payment cards processor in Latvia and the Baltic countries, became part of First Data, changing its name and, with the support of a global company, significantly expanding the area of its operations.
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Many of Europe’s leading banks believe legislation is inevitable
London, 19 June 2006: First Data International, a leader in electronic commerce and payment services around the world, today announced findings from a study of bankers’ attitudes and opinions on the Single Euro Payments Area (SEPA). The study reveals that the SEPA deadlines of 2008 and 2010 are a significant challenge for the industry. While preferring self-regulation, many of Europe’s leading banks expect the European Commission to legislate to ensure delivery of SEPA by 2010. -
London , May 24 2006 – First Data has been named Cards Processor of the Year in Cards International’s 2006 Global Awards. The prestigious industry award was presented to First Data, a global leader in electronic commerce and payment services, at the Cards International Awards Dinner in Milan last night.
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