CFPB Debt Collection Complaint Ranking*:
#75 of 2,458 Companies
Lawsuits, Penalties, or Sanctions:
Location and Contact Details:
5565 Glenridge Connector NE, Ste 2000
Atlanta, GA 30342
Phone: (404) 890-2000
Ethics hotline: (800) 337-3366
Frank Bisignano, CEO
Guy Chiarello, President
Adam Rosman, Esq., Executive VP and General Counsel
Business Model:
First Data Corporation is a provider of debt collection services for merchants, financial institutions, and card issuers worldwide. First Data was founded in 1971 as a privately-held corporation. It is headquartered in Atlanta, Georgia. In 1980 it became part of American Express, then in 1992 separated from AmEx. First Data became publically traded in 2015.
First Data Merchant Services is a subsidiary.
In 2015, CEO Bisignano earned $51 million including $44 million in stocks, a $1.5 million salary, and a $5 million bonus. He was the cause of a million dollar settlement for breaching his employment contract with former employer JP Morgan. He is also the subject of a patent infringement lawsuit.
* Ranking determined by the overall number of debt collection complaints to the Consumer Financial Protection Bureau (CFPB) as of year-end 2015 and should be considered in context of company size and/or market share. See the CFPB debt collection complaint database in real-time here.
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