Not only are new requirements coming to the US for PCI compliance through FirstData/BankofAmerica, But the European requirements are due for implementation by Sept as this Notice below shows:
"Adapt to new European regulation
upcoming regulation ....
In September 2019 , a new European regulatory requirement known as Strong Customer Authentication (SCA) will take effect.
If you sell to customers based in Europe, two-factor authentication will be required for many payments. Learn more about SCA and the new products we’ve built to help minimize the impact on your conversion."
FirstData: Link ... https://www.firstdata.com/en_us/home.html
Enabling commerce. everywhere. anytime.
Around the world, First Data simplifies the connections that make commerce possible for more than 6 million businesses. From credit card processing to merchant services, we’re with you every step of the way.
First Data Facts .... Link: https://www.firstdata.com/en_gb/about-first-d...facts.html
First Data is the global technology leader in payment technology and services solutions. With 24,000 owner-associates and operations in 36 countries, the company provides secure and innovative payment technology and services to more than six million merchants and financial institutions around the world, from small businesses to the world’s largest corporations. Today, businesses in nearly 118 countries trust First Data to secure and process more than 2,500 financial transactions per second. First Data’s unparalleled infrastructure and partnerships go “beyond the transaction” with next-generation point-of-sale technology fueled by powerful analytics to detect fraud, gain insights into consumer spending, and strengthen customer loyalty. All day, every day, First Data helps its clients thrive in the evolving world of commerce.
Financial institutions and large and small businesses, as well as government agencies, rely on First Data to empower them to build stronger, more profitable customer relationships in a changing environment. Commerce continues to evolve and transform how consumers pay for goods and services — from Seattle to London to Shanghai. This transformation is truly a new reality where consumers expect a more integrated buying experience that’s quick and consistent everywhere, anytime. Empowered by unprecedented access to information and connected by smart devices, consumers want to buy goods and services and manage their money in the most convenient and personalized way, and they expect transactions to be easy, seamless and secure.
First Data’s strategic focus is to help its clients grow their businesses. First Data’s innovations in mobile payments, eCommerce and prepaid solutions as well as payment processing, fraud protection and authentication solutions, online banking, check guarantee and verification services and point-of-sale (POS) services provide our customers the tools they need to navigate in a rapidly evolving world.
Leadership:
Frank Bisignano, Chairman and Chief Executive Officer
Cindy Armine-Klein, Executive Vice President, Chief Control Officer
Dan Charron, Executive Vice President, Head of Global Business Solutions
Guy Chiarello, President
Ivo Distelbrink, Executive Vice President, Head of Asia Pacific Region
Christopher Foskett, Executive Vice President, Head of Corporate & Business Development
Andrew Gelb, Executive Vice President, Head of Global Financial Solutions
Tom Higgins, Executive Vice President, Chief Administrative Officer
Christine Larsen, Executive Vice President, Chief Operations Officer
Gustavo Marin, Executive Vice President, Head of Latin America Region
Anthony Marino, Executive Vice President and Head of Human Resources
Barry McCarthy, Executive Vice President, Network and Security Solutions
Michael Neborak, Executive Vice President, Head of EMEA Region
Himanshu Patel, Executive Vice President, Chief Financial Officer
Adam Rosman, Executive Vice President and General Counsel
Headquarters:
5565 Glenridge Connector, NE
Atlanta, Georgia 30342-4756
2015 Global Performance
Revenues $11.5 billion
Number of Employees 24,000
Merchant Locations 6 million
Financial Institutions 4,000
Worldwide Transaction Volume 79 billion
First Data has business operations in 36 countries. Use our global site selector link to learn more about the areas we serve around the world.
"Adapt to new European regulation
upcoming regulation ....
In September 2019 , a new European regulatory requirement known as Strong Customer Authentication (SCA) will take effect.
If you sell to customers based in Europe, two-factor authentication will be required for many payments. Learn more about SCA and the new products we’ve built to help minimize the impact on your conversion."
FirstData: Link ... https://www.firstdata.com/en_us/home.html
Enabling commerce. everywhere. anytime.
Around the world, First Data simplifies the connections that make commerce possible for more than 6 million businesses. From credit card processing to merchant services, we’re with you every step of the way.
First Data Facts .... Link: https://www.firstdata.com/en_gb/about-first-d...facts.html
First Data is the global technology leader in payment technology and services solutions. With 24,000 owner-associates and operations in 36 countries, the company provides secure and innovative payment technology and services to more than six million merchants and financial institutions around the world, from small businesses to the world’s largest corporations. Today, businesses in nearly 118 countries trust First Data to secure and process more than 2,500 financial transactions per second. First Data’s unparalleled infrastructure and partnerships go “beyond the transaction” with next-generation point-of-sale technology fueled by powerful analytics to detect fraud, gain insights into consumer spending, and strengthen customer loyalty. All day, every day, First Data helps its clients thrive in the evolving world of commerce.
Financial institutions and large and small businesses, as well as government agencies, rely on First Data to empower them to build stronger, more profitable customer relationships in a changing environment. Commerce continues to evolve and transform how consumers pay for goods and services — from Seattle to London to Shanghai. This transformation is truly a new reality where consumers expect a more integrated buying experience that’s quick and consistent everywhere, anytime. Empowered by unprecedented access to information and connected by smart devices, consumers want to buy goods and services and manage their money in the most convenient and personalized way, and they expect transactions to be easy, seamless and secure.
First Data’s strategic focus is to help its clients grow their businesses. First Data’s innovations in mobile payments, eCommerce and prepaid solutions as well as payment processing, fraud protection and authentication solutions, online banking, check guarantee and verification services and point-of-sale (POS) services provide our customers the tools they need to navigate in a rapidly evolving world.
Leadership:
Frank Bisignano, Chairman and Chief Executive Officer
Cindy Armine-Klein, Executive Vice President, Chief Control Officer
Dan Charron, Executive Vice President, Head of Global Business Solutions
Guy Chiarello, President
Ivo Distelbrink, Executive Vice President, Head of Asia Pacific Region
Christopher Foskett, Executive Vice President, Head of Corporate & Business Development
Andrew Gelb, Executive Vice President, Head of Global Financial Solutions
Tom Higgins, Executive Vice President, Chief Administrative Officer
Christine Larsen, Executive Vice President, Chief Operations Officer
Gustavo Marin, Executive Vice President, Head of Latin America Region
Anthony Marino, Executive Vice President and Head of Human Resources
Barry McCarthy, Executive Vice President, Network and Security Solutions
Michael Neborak, Executive Vice President, Head of EMEA Region
Himanshu Patel, Executive Vice President, Chief Financial Officer
Adam Rosman, Executive Vice President and General Counsel
Headquarters:
5565 Glenridge Connector, NE
Atlanta, Georgia 30342-4756
2015 Global Performance
Revenues $11.5 billion
Number of Employees 24,000
Merchant Locations 6 million
Financial Institutions 4,000
Worldwide Transaction Volume 79 billion
First Data has business operations in 36 countries. Use our global site selector link to learn more about the areas we serve around the world.
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