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Bala Janakiraman Appointed to lead First Data Partner Solutions

September 21, 2018

NEW YORK--(BUSINESS WIRE)--Sep 21, 2018--First Data Corporation (NYSE: FDC), a global leader in commerce-enabling technology, today announced that it has appointed Bala Janakiraman as head of the Company’s Partner Solutions business, effective immediately. The role reports to Frank Bisignano, Chairman and CEO.

Janakiraman has more than 20 years of operational experience, including significant depth in integrated payments and ecommerce, most recently as CEO of BluePay. In his time at BluePay, Janakiraman drove growth by implementing a software driven payments strategy across a variety of fast growing distribution channels. Prior to BluePay, Janakiraman held senior roles at Vantiv and Litle & Co., where he launched innovative ecommerce solutions for enterprise clients.

“Bala is an experienced executive with a track record of driving growth,” said Frank Bisignano. “His deep focus on product innovation will allow First Data’s Partner Solutions business to continue to lead the industry.”

Partner Solutions provides powerful payment technology and related services to integrated software providers, agents and ISOs.

“It’s a privilege to lead the Partner Solutions business for First Data,” said Bala Janakiraman. “The incredibly talented Partner Solutions team, leveraging the full complement of First Data’s assets, is focused on delivering innovation that drives significant growth for all of our ISV, Agent and ISO partners.”

First Data acquired BluePay and CardConnect in 2017 and has since successfully integrated both companies into its Partner Solutions business, which is part of First Data’s GBS segment.

About First Data

First Data (NYSE: FDC) is a global leader in commerce-enabling technology, serving approximately six million business locations and 4,000 financial institutions in more than 100 countries around the world. The company’s 22,000 owner-associates are dedicated to helping companies, from start-ups to the world’s largest corporations, conduct commerce every day by securing and processing more than 3,000 transactions per second and $2.4 trillion per year. For more information, visit  www.firstdata.com  and follow us on Twitter at  @FirstData.

View source version on businesswire.com:https://www.businesswire.com/news/home/20180921005584/en/

CONTACT: Investors

Peter Poillon

Investor Relations

First Data

212-266-3565

Peter.Poillon@firstdata.com

or

Media

Andrea Duffy

Public Relations

First Data

646-984-0240

Andrea.Duffy@firstdata.com

KEYWORD: UNITED STATES NORTH AMERICA NEW YORK

INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT INTERNET NETWORKS SOFTWARE OTHER TECHNOLOGY MOBILE/WIRELESS PROFESSIONAL SERVICES BANKING FINANCE OTHER PROFESSIONAL SERVICES

SOURCE: First Data Corporation

Copyright Business Wire 2018.

PUB: 09/21/2018 04:30 PM/DISC: 09/21/2018 04:30 PM

http://www.businesswire.com/news/home/20180921005584/en

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