More NewsWells Fargo Moves Wachovia Credit Card Portfolios to First Data

Wells Fargo Moves Wachovia Credit Card Portfolios to First Data

Wells Fargo & Company has expanded its agreement with First Data for card processing services. Under the terms of the agreement, Wells Fargo will move its newly-acquired Wachovia credit card portfolios to First Data for comprehensive card processing services.

First Data already provides data processing services, statement/letter production and mailing, plastic card personalisation and fraud services for Wells Fargo’s seven million plus cardholder accounts within its consumer credit and small business card portfolios.

Wells Fargo will add the Wachovia credit card accounts, the Wells Fargo private label card accounts and the personal credit management line of credit accounts to the existing Wells Fargo portfolios serviced on First Data’s system.

Related Articles

Infosys Finacle to power Santander UK’s international cash management system

More News Infosys Finacle to power Santander UK’s international cash management system

3w The Global Treasurer
Preparing for GDPR? Here’s four things to consider

More News Preparing for GDPR? Here’s four things to consider

4m Elliott Wiseman
Cash flow in focus for investors

Cash Management Cash flow in focus for investors

5m Conor Deegan
Treasury TV: Karen Pugsley, Domino's Pizza Group

More News Treasury TV: Karen Pugsley, Domino's Pizza Group

5m Victoria Beckett
Treasury TV: Yeng Butler compares US and European MMF reforms

Compliance Treasury TV: Yeng Butler compares US and European MMF reforms

5m Victoria Beckett
Treasury TV: Tim de Knegt, The Port of Rotterdam

10 Minutes With The Treasury Treasury TV: Tim de Knegt, The Port of Rotterdam

5m Victoria Beckett
Banks are selling clients short with short dated cash deposit U-turns

Banking Banks are selling clients short with short dated cash deposit U-turns

5m Victoria Beckett
What does sterling’s Brexit boost mean for UK manufacturers?

More News What does sterling’s Brexit boost mean for UK manufacturers?

6m Tasja Botha