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First Data and Bank of America end Paytech partnership


The joint venture between First Data and Bank of America, known as Bank of America Merchant Services (BAMS), will end in June 2020.

Goodbye, first dates

The speculations about the termination of the deal were of FinTech futures At the beginning of May and has now been officially confirmed by Fiserv, which took over First Data at the beginning of this year.

Both First Data and Bank of America expect customers and revenue to be allocated to their fractional ownership …



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