Description First Data Corporation provides electronic commerce solutions for merchants, financial institutions, and card issuers worldwide. It operates through three segments: Global Business Solutions, Global Financial Solutions, and Network & Security Solutions. The Global Business Solutions segment offers retail point-of-sale merchant acquiring and e-commerce services; and mobile payment services and Webstore-in-a-box solutions, as well as its cloud-based Clover point-of-sale operating system, which includes a marketplace for proprietary and third-party business applications. The Global Financial Solutions segment provides credit solutions for bank and non-bank issuers, such as credit and retail private-label card processing solutions; and licensed financial software systems, such as VisionPLUS bank processing application and lending solutions. This segment also offers a suite of related services comprising card personalization and embossing, statement printing, client service, and remittance processing services to financial institutions. The Network & Security Solutions segment offers a range of value-added solutions that include electronic funds transfer network solutions, such as debit card processing solutions; stored value network solutions; and gift solutions, and security and fraud solutions. This segment also supports online and mobile banking, and its business supporting mobile wallets. The company was founded in 1989 and is headquartered in Atlanta, Georgia.
Noticed a big options buy @ 10:30 this morning for 12,200 contracts at the ask price of 1.05 while the OI was at 518 for 18-JAN-19 Strike of $20 - shows me this is a new position of $1,281,000. I've piggybacked a small position to follow some bigger money 10 contracts same strike/expiration.
