First Data
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First Data Corporation (NYSE: FDC) is a payment processing company based in Greenwood Village, Colorado. It was spun-off from American Express in April 1992. First Data's acquisition of First Financial Management Corporation in 1995 brought Western Union under its corporate umbrella. On January 26, 2006, First Data announced plans to spin off Western Union as an independent, publicly traded company. The spin off was successfully completed on September 29, 2006.
[edit] History
First Data was the first processor of both VISA® and MasterCard® bank-issued credit cards in 1976, and helped link banks through the first ATM network in 1981.
[edit] External links
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| Payment Products: Credit cards • Charge cards • Traveler's cheques • Centurion Card • Red Card • ExpressPay |
| Magazines: Travel + Leisure • Food & Wine • Executive Travel |
| Spun-off companies: Ameriprise Financial • First Data Corp. • Lehman Brothers • American Railway Express Agency • RiverSource |
| Notable Current & Former Executives: Henry Wells • William Fargo • Ralph Reed • James D. Robinson III • Lou Gerstner • Sandy Weill • Harvey Golub • Ken Chenault |
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Corporate Directors: Daniel Akerson • Charlene Barshefsky • Ursula Burns • Ken Chenault • Peter Chernin • Vernon Jordan Jr. • Jan Leschly • Richard McGinn • Edward Miller • Frank Popoff • Robert Walter |
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Annual Revenue: $24.27 billion USD (Image:Green Arrow Up.svg 10% FY 2005) | Employees: 65,800 | Stock Symbol: NYSE: AXP | Website: www.americanexpress.com |
