The company has not filed an annual or quarterly report since its Q2 FY2019 10-Q, filed Jul 25, 2019. Its latest SEC filing is a 15-12B from Aug 8, 2019.
10-Q for Q2 FY2019, filed Jul 25, 2019
The sections below describe the company as of the FY2018 annual report.
Processes electronic payments and sells point-of-sale devices and software to merchants; provides card and account processing, financial software, and transaction-network services to banks and other financial institutions.
10-K for FY2018, filed Feb 27, 2019Global Business Solutions - GBS provides a wide-range of solutions to merchants. These solutions include retail point-of-sale merchant…View ↗
Global Financial Solutions - GFS provides technology solutions for bank and non-bank issuers. These solutions include general purpose…View ↗
Network & Security Solutions - NSS provides a wide range of value-added solutions that we sell to clients in our GBS and GFS segments…View ↗
Global Business Solutions Operations Our largest segment, GBS, provides businesses of all sizes and types with a wide range of solutions at…View ↗
Merchants pay transaction-based fees for card processing, along with fees for software and other services; First Data also sells or leases point-of-sale devices. Financial institutions pay for outsourced processing based mainly on accounts, communications and cards issued, or for VisionPLUS software licenses.
10-K for FY2018, filed Feb 27, 2019GBS segment revenues are primarily derived from processing credit and debit card transactions for merchants and other business clients and…View ↗
Merchant discount fees charged to a merchant, net of credit and debit card interchange and assessment fees charged by the payment networks.…View ↗
Sales and leases of POS devices;View ↗
Software fees such as security applications and Clover related fees.View ↗
GFS revenues are primarily derived from outsourced processing services, print, plastics, and VisionPLUS software services provided to…View ↗
Revenues for outsourced issuer processing services are derived from fees payable under contracts that depend primarily on the number of…View ↗
$9.5B
10-K for FY2018, filed Feb 27, 2019
$9.5B ↗
Merchants use First Data for in-store, mobile and online payment services; sales run through its direct teams and bank and other distribution partners. Banks, non-bank card issuers and other financial institutions buy processing and software services, while network and security offerings also go to smaller financial institutions and enterprises.
10-K for FY2018, filed Feb 27, 2019Global Business Solutions Operations Our largest segment, GBS, provides businesses of all sizes and types with a wide range of solutions at…View ↗
GBS employs a variety of distribution strategies. GBS operates direct sales teams and also distributes its services through partnerships…View ↗
Global Financial Solutions Operations GFS provides financial institutions, which include bank and non-bank issuers such as retailers with…View ↗
GFS clients include some of the world's largest financial institutions, which we serve in approximately 100 countries. Our largest line of…View ↗
Network & Security Solutions - NSS provides a wide range of value-added solutions that we sell to clients in our GBS and GFS segments…View ↗
Yes. It kept 13 cents of every revenue dollar as net income in .
10-K for FY2018, filed Feb 27, 2019
8-K, filed Jul 29, 2019
In connection with the completion of the Merger, on July 29, 2019, all outstanding obligations in respect of principal, interest and fees…View ↗
Shrank. Revenue fell 15% in 4 years, from $11.2B in to $9.5B in , about 4% a year.
Competes with Worldpay, Global Payments, Chase Paymentech Solutions, Elavon, Total Systems Services, Barclaycard, Visa, MasterCard, PayPal, Braintree, CyberSource, Adyen, Stripe, Micros, and Square
10-K for FY2018, filed Feb 27, 2019Global Business Solutions Competition GBS competes with merchant acquirers that include Worldpay and Global Payments, in addition to…View ↗
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