“First Data Corp. plans to further exploit its fast-growing Clover point-of-sale hardware and software platform for small and mid-sized businesses by bringing it to full-service restaurants. “Clover has always been strong in small, quick-service restaurants, but the FSR segment needs much deeper functionality and is a large addressable software market that enables Clover to increase its revenue per merchant,” First Data chairman and chief executive Frank Bisignano said Monday morning while reviewing the Atlanta-based processor’s third-quarter financial results.”

“First Data (NYSE: FDC), a global leader in commerce-enabling technology, today announced it has entered into a strategic partnership with Community Brands, the leading provider of cloud-based software solutions for associations, nonprofits, schools and faith-based groups. Together, the two companies will integrate secure payment processing with the Community Brands association management software (AMS) solutions. The strategic integration will deliver comprehensive features, including recurring billing, account updater and other value-added functionalities to clients.”

“First Data Corp.’s struggling merchant-acquiring joint ventures with three big banks are showing nascent signs of a turnaround, and business is booming in the company’s prepaid card unit, top executives reported Monday. The Atlanta-based processor reported last year that new merchant referrals from its big joint ventureswith The PNC Financial Services Group Inc., Bank of America Corp., and Wells Fargo & Co. had dipped below year-earlier levels. In an early morning conference call to review fourth-quarter financial results, chief financial officer Himanshu Patel said lead flows from the joint ventures had turned slightly positive, but were “still not acceptable.””