When did first data become Fiserv?
July 29, 2019
On January 16, 2019, Fiserv announced a deal to acquire First Data in all-stock deal with equity value of $22 billion. Fiserv completed the acquisition of First Data on Monday July 29, 2019….First Data.
| Type | Subsidiary |
|---|---|
| Total equity | US$ 6.01 billion (2017) |
| Number of employees | 22,000 (2017) |
| Parent | Fiserv |
| Website | FirstData.com |
When was First Data founded?
1971
First Data/Founded
First Data 1971 1971: A group of Omaha businessmen acquires the assets of Mid-America Bankcard Association, a collective of Midwestern banks that was formed to process credit card payments, and First Data is founded.
Who bought First Data?
Fiserv
The big deal is now complete: Fiserv announced this morning (July 29) that it has completed its acquisition of First Data Corporation. The two massive firms first inked the deal earlier this year, which will see Fiserv purchase First Data for $22 billion in an all-stock transaction.
Is FISV stock a buy?
Fiserv has received a consensus rating of Buy.
Why is Fiserv orange?
The company declined to disclose the cost of the rebranding. The new logo, which is the word fiserv. – with a period – is orange because it’s different from the common industry logo color of blue and “has a certain heat and energy to it, but not the kind of danger you perceive when you see red,” Yabuki said.
What is Frank Bisignano salary?
$40,263,400
What is the salary of Frank Bisignano? As the President, Chief Executive Officer, and Director of Fiserv, the total compensation of Frank Bisignano at Fiserv is $40,263,400. There are no executives at Fiserv getting paid more.
What is Frank Bisignano worth?
Bisignano’s compensation was rated at approximately $40 million in 2019….Frank Bisignano.
| Frank J. Bisignano | |
|---|---|
| Born | August 9, 1959 Brooklyn, New York, US |
| Alma mater | Baker University Newport University (also known as Janus University) |
| Occupation | Businessman |
| Years active | 1990s-present |
Is First Data an acquirer or processor?
Because First Data is the largest merchant acquirer in the US (processing $1.7 trillion in payment volume last year) as well as a major issuer processor and an ATM network provider, they understand this business from both sides and in between.
Is First Data a payment processor?
A Major Credit Card Processor Fiserv, formerly known as First Data, is a large electronic payment processing company headquartered at 255 Fiserv Drive Brookfield, WI 53045.