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Re: First Data

Posted: Thu Mar 31, 2016 11:30 pm
by skinzfan23
Trips wrote:Has there been any recent news about First Data that I might have missed?
This is the only other recent news that I have seen:
First National, First Data team up to offer ‘private-label’ credit cards

If anything I would have thought this would give a boost to their business. But as mentioned on the other thread, the TIF on this building was up, they are probably looking at saving money with fewer taxes.

Re: First Data

Posted: Fri Apr 01, 2016 8:49 am
by TitosBuritoBarn
http://www.omaha.com/money/first-data-s ... 221c2.html

No job losses, just shifting people around to other facilities.

Re: First Data

Posted: Tue May 09, 2017 11:46 am
by riceweb
Chinese Mobile Payment Service Alipay to Launch in the U.S.
Alipay, the mobile payment system offered by Chinese e-commerce giant Alibaba, is coming to the U.S., thanks to a deal brokered with credit card processing service First Data Corp.
https://www.macrumors.com/2017/05/09/ch ... yments-us/

Big get for First Data.

Re: First Data

Posted: Tue May 09, 2017 12:19 pm
by Omaha Cowboy
riceweb wrote:Chinese Mobile Payment Service Alipay to Launch in the U.S.
Alipay, the mobile payment system offered by Chinese e-commerce giant Alibaba, is coming to the U.S., thanks to a deal brokered with credit card processing service First Data Corp.
https://www.macrumors.com/2017/05/09/ch ... yments-us/

Big get for First Data.
Indeed. The stock rose for a reason...

Ciao..LiO...Peace

Re: First Data

Posted: Wed Aug 02, 2017 4:06 pm
by Brad
First Data Sponsoring a NASCAR Race! At a great track too.

https://www.nascar.com/news-media/2017/ ... -speedway/

Image

Re: First Data

Posted: Wed Jan 16, 2019 9:53 am
by iamjacobm
https://www.omaha.com/money/businesses/ ... dae82.html
A Wisconsin-based company inked a $22 billion deal to purchase First Data, the Omaha-born company that recently has employed around 5,000 people in the area.

The companies, in a joint statement, said their individual offerings were complementary.

It wasn't clear in the initial statement what it would mean for the companies' work forces.

Re: First Data

Posted: Wed Jan 16, 2019 9:56 am
by MadMartin8
According to a WSJ article, they plan to save 900 million, in part by (as expected) eliminating duplicate corporate positions. Probably a bummer for quite a few in Omaha I would guess.

Re: First Data

Posted: Wed Jan 16, 2019 10:08 am
by skinzfan23
Man, why does this stuff keep happening to Omaha companies? When was the last time Omaha "stole" jobs from another area?

Re: First Data

Posted: Wed Jan 16, 2019 10:29 am
by TitosBuritoBarn
skinzfan23 wrote: Wed Jan 16, 2019 10:08 am Man, why does this stuff keep happening to Omaha companies? When was the last time Omaha "stole" jobs from another area?
Didn’t we take some of ScotTrade’s when TD Ameritrade bought them?

Re: First Data

Posted: Wed Jan 16, 2019 10:41 am
by Cermak
I didn’t know they had that many employees in Omaha, I would of guessed maybe two or three thousand. The company that bought them is from the Milwaukee area. I think we can compete against Milwaukee. We need to try and keep some of these jobs ! Time for the Mayor and Governor to put incentives package together.

Re: First Data

Posted: Wed Jan 16, 2019 10:55 am
by skinzfan23
TitosBuritoBarn wrote: Wed Jan 16, 2019 10:29 am
skinzfan23 wrote: Wed Jan 16, 2019 10:08 am Man, why does this stuff keep happening to Omaha companies? When was the last time Omaha "stole" jobs from another area?
Didn’t we take some of ScotTrade’s when TD Ameritrade bought them?
You're right. I forgot about that. It is good to know that it isn't always Omaha losing.

Re: First Data

Posted: Wed Jan 16, 2019 12:44 pm
by CapitalGuy
A reminder that Fiserv is a large employer in Lincoln. The company does have an established presence in Nebraska.

Re: First Data

Posted: Wed Jan 16, 2019 4:32 pm
by MadMartin8
CapitalGuy wrote: Wed Jan 16, 2019 12:44 pm A reminder that Fiserv is a large employer in Lincoln. The company does have an established presence in Nebraska.
Right, which further complicates things. Being based in Milwaukee, how big of a Midwestern footprint do they want? What duplication exists in Omaha and Lincoln, then in Omaha vs Milwaukee? If they want just one presence in Nebraska, do they go with their established location/s in Lincoln or the larger Metro in Omaha and FD's infrastructure? Is the increase in accounts going to necessitate a larger workforce so the cuts might not be as bad?

So many interesting questions.

Re: First Data

Posted: Wed Jan 16, 2019 5:58 pm
by Omaha Cowboy
MadMartin8 wrote: Wed Jan 16, 2019 9:56 am According to a WSJ article, they plan to save 900 million, in part by (as expected) eliminating duplicate corporate positions. Probably a bummer for quite a few in Omaha I would guess.
As a former First Data employee for a decade (I moved on from them In 2018)..this sale cements it for me that I made the right decision. The place (at least my department) for the better part of a year, just didn’t feel right..

And as the “expert” on corporate purchases stated in the W-H article, this sale should send a big time red alert to FD employees in the metro area.. I think many would be best advised to get their resumes updated.. Soon...

Ciao..LiO...Peace

Re: First Data

Posted: Wed Jan 16, 2019 6:04 pm
by MadMartin8
Omaha Cowboy wrote: Wed Jan 16, 2019 5:58 pm
MadMartin8 wrote: Wed Jan 16, 2019 9:56 am According to a WSJ article, they plan to save 900 million, in part by (as expected) eliminating duplicate corporate positions. Probably a bummer for quite a few in Omaha I would guess.
As a former First Data employee for a decade (I moved on from them In 2018)..this sale cements it for me that I made the right decision. The place (at least my department) for the better part of a year, just didn’t feel right..

And as the “expert” on corporate purchases stated in the W-H article, this sale should send a big time red alert to FD employees in the metro area.. I think many would be best advised to get their resumes updated.. Soon...

Ciao..LiO...Peace
Wait, you were at FD too? I was with them from 2013 to 2017. I also made the right decision, I texted that to my father and another former colleague of mine who had moved on from FD the moment I heard the news and both agreed.

Re: First Data

Posted: Wed Jan 16, 2019 6:07 pm
by Omaha Cowboy
MadMartin8 wrote: Wed Jan 16, 2019 6:04 pm
Omaha Cowboy wrote: Wed Jan 16, 2019 5:58 pm
MadMartin8 wrote: Wed Jan 16, 2019 9:56 am According to a WSJ article, they plan to save 900 million, in part by (as expected) eliminating duplicate corporate positions. Probably a bummer for quite a few in Omaha I would guess.
As a former First Data employee for a decade (I moved on from them In 2018)..this sale cements it for me that I made the right decision. The place (at least my department) for the better part of a year, just didn’t feel right..

And as the “expert” on corporate purchases stated in the W-H article, this sale should send a big time red alert to FD employees in the metro area.. I think many would be best advised to get their resumes updated.. Soon...

Ciao..LiO...Peace
Wait, you were at FD too? I was with them from 2013 to 2017. I also made the right decision, I texted that to my father and another former colleague of mine who had moved on from FD the moment I heard the news and both agreed.
Indeed. I was there from 2008-2018.. Much has changed in the past 5 years at FD. With so many people moving on, perhaps we should set up a FD alumni association :;): ...

Ciao..LiO...Peace

Re: First Data

Posted: Wed Jan 16, 2019 9:08 pm
by Cermak
Treehouse foods also announced the closure their Omaha office this summer and Plan to move it to Wisconsin. Wisconsin’s doing something right.

Re: First Data

Posted: Fri Jan 18, 2019 7:16 pm
by Stargazer
As it happens, I'm among about 50 Fiserv employees, in a little known office in Omaha.

If you didn't know already, Fiserv is company literally built on acquisitions. They've seen very little organic growth.

The team I'm with has been through upwards of a 1/2 dozen acquisitions itself and was in fact originally part of FDR! There are dozens of Fiserv locations all over the country. They also depend on a number of applications licensed from First Data, which I have little doubt they'll want to tap First Data knowledge, in support of (also a big BASE24 shop... aka ACI, another possible acquisition target). While there will certainly be job losses... most of it's going to be in the HR/payroll/marketing/etc... capacity. The presence in Omaha is always going to be considerable, but we lost the headquarters long ago. A lot of those things which made First Data attractive are right here (albeit some of it was already diminishing on it's own). Where there's overlap in technology, realize... migrations don't happen overnight, and need support from both 'sides'. There'll be some nice severance packages at a minimum.

I'm actually expecting to get marching orders to Aksarben as early as 2020 (our office is an embarrassment, was forced to leave our Miracle Hills office and join an operations group in what amounts to a strip mall). As far as Fiserv headquarters, they're in Brookfield, suburb of Milwaukee... relatively small presence. Fiserv also has a large presence in Alpharetta (aka Atlana where First Data is based). I would almost expect them to re-locate their headquarters there.

Anyway, only time will tell... but I really don't think this is going to have as big an impact in Omaha as many think it will.

Re: First Data

Posted: Fri Jan 18, 2019 7:53 pm
by Cermak
That’s good news. We all hope your right on your hunches. Good luck out there!

Re: First Data

Posted: Fri Jan 18, 2019 11:27 pm
by Brad
Great intel Stargazer, thanks!

Re: First Data

Posted: Fri Aug 02, 2019 12:54 pm
by zippy
Stargazer wrote: Fri Jan 18, 2019 7:16 pm I'm actually expecting to get marching orders to Aksarben as early as 2020 (our office is an embarrassment, was forced to leave our Miracle Hills office and join an operations group in what amounts to a strip mall).
I was just reviewing this older thread and saw this mention of bad office space. I was in IT at First Data for 30 years before the Fiserv merger and still work there. My department was displaced by construction in the remaining Aksarben building, and is now in a former manufacturing room (later converted to a call center) in the former Pace building in Old Mill. :roll:

Re: First Data

Posted: Fri Aug 02, 2019 1:53 pm
by NovakOmaha
zippy wrote: Fri Aug 02, 2019 12:54 pm
Stargazer wrote: Fri Jan 18, 2019 7:16 pm I'm actually expecting to get marching orders to Aksarben as early as 2020 (our office is an embarrassment, was forced to leave our Miracle Hills office and join an operations group in what amounts to a strip mall).
I was just reviewing this older thread and saw this mention of bad office space. I was in IT at First Data for 30 years before the Fiserv merger and still work there. My department was displaced by construction in the remaining Aksarben building, and is now in a former manufacturing room (later converted to a call center) in the former Pace building in Old Mill. :roll:
The old pace building is for sale

Re: First Data

Posted: Fri Aug 02, 2019 2:07 pm
by Omaha Cowboy
NovakOmaha wrote: Fri Aug 02, 2019 1:53 pm
zippy wrote: Fri Aug 02, 2019 12:54 pm
Stargazer wrote: Fri Jan 18, 2019 7:16 pm I'm actually expecting to get marching orders to Aksarben as early as 2020 (our office is an embarrassment, was forced to leave our Miracle Hills office and join an operations group in what amounts to a strip mall).
I was just reviewing this older thread and saw this mention of bad office space. I was in IT at First Data for 30 years before the Fiserv merger and still work there. My department was displaced by construction in the remaining Aksarben building, and is now in a former manufacturing room (later converted to a call center) in the former Pace building in Old Mill. :roll:
The old pace building is for sale
The end of November/2018, First Data moved several employee departments from their HQ building at 6805 Pacific St to the Pace building..

And they’re still located there as of today’s date..

Welcome to Fiserv :lafcry:...

Ciao..LiO...Peace

Re: First Data

Posted: Fri Aug 02, 2019 4:17 pm
by NovakOmaha
Omaha Cowboy wrote: Fri Aug 02, 2019 2:07 pm
NovakOmaha wrote: Fri Aug 02, 2019 1:53 pm
zippy wrote: Fri Aug 02, 2019 12:54 pm
Stargazer wrote: Fri Jan 18, 2019 7:16 pm I'm actually expecting to get marching orders to Aksarben as early as 2020 (our office is an embarrassment, was forced to leave our Miracle Hills office and join an operations group in what amounts to a strip mall).
I was just reviewing this older thread and saw this mention of bad office space. I was in IT at First Data for 30 years before the Fiserv merger and still work there. My department was displaced by construction in the remaining Aksarben building, and is now in a former manufacturing room (later converted to a call center) in the former Pace building in Old Mill. :roll:
The old pace building is for sale
The end of November/2018, First Data moved several employee departments from their HQ building at 6805 Pacific St to the Pace building..

And they’re still located there as of today’s date..

Welcome to Fiserv :lafcry:...

Ciao..LiO...Peace
The Pace building is for sale.

Re: First Data

Posted: Fri Aug 02, 2019 5:18 pm
by Omaha Cowboy
NovakOmaha wrote: Fri Aug 02, 2019 4:17 pm
Omaha Cowboy wrote: Fri Aug 02, 2019 2:07 pm
NovakOmaha wrote: Fri Aug 02, 2019 1:53 pm
zippy wrote: Fri Aug 02, 2019 12:54 pm
Stargazer wrote: Fri Jan 18, 2019 7:16 pm I'm actually expecting to get marching orders to Aksarben as early as 2020 (our office is an embarrassment, was forced to leave our Miracle Hills office and join an operations group in what amounts to a strip mall).
I was just reviewing this older thread and saw this mention of bad office space. I was in IT at First Data for 30 years before the Fiserv merger and still work there. My department was displaced by construction in the remaining Aksarben building, and is now in a former manufacturing room (later converted to a call center) in the former Pace building in Old Mill. :roll:
The old pace building is for sale
The end of November/2018, First Data moved several employee departments from their HQ building at 6805 Pacific St to the Pace building..

And they’re still located there as of today’s date..

Welcome to Fiserv :lafcry:...

Ciao..LiO...Peace
The Pace building is for sale.
Thanks for the feedback, lol...

Ciao..LiO...Peace

Re: First Data

Posted: Sun Nov 10, 2019 2:01 pm
by Stargazer
My team is moving to 6855 Pine end of this week ... in case anyone didn't notice, signage change has been completed throughout town.

Re: First Data

Posted: Mon Nov 11, 2019 9:05 am
by zippy
Stargazer wrote: Sun Nov 10, 2019 2:01 pm ... 6855 Pine ...
The actual address is 6855 Pacific. (The building that was sold was on Pine.) I moved from Pace to 6855 about 2-3 weeks ago. The construction on Dodge and Pacific and in the south parking lot really messes with my commute!

Re: First Data

Posted: Tue Nov 12, 2019 12:34 am
by Omaha Cowboy
zippy wrote: Mon Nov 11, 2019 9:05 am
Stargazer wrote: Sun Nov 10, 2019 2:01 pm ... 6855 Pine ...
The actual address is 6855 Pacific.
Correct. An address I worked at for nearly 8 years...

Ciao..LiO...Peace