FirstData, iFormation Group Join Forces in Crowded
Wall Street Journal (10/09/00) Vol. 104, No. 40 p.B4; Machalaba, Daniel

First Data and iFormation Group have formed an electronic-payment processor for online financial transactions called eONE Global, with First Data expecting to capitalize on its huge distribution network to give the new venture an advantage. However, the new company must contend with other major players in the electronic-payment field, such as the payment processor supported by Chase, First Union, and Wells Fargo.

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