Processing & Systems -

First Data’s stake in Trionis

First Data and Eufiserv first announced cooperation plans in May 2008, centred on expansion of Eufiserv’s European interbank processing network (ECR, May/June p4). In September, with the processing function split away from the scheme and renamed Trionis, First Data confirmed it would take a shareholdingof 50% and appoint four directors to the eight-man board. Trionis [...]

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