May 19, 2020 / 5:11 PM / 8 days ago

BRIEF-First Data Merchant Services Agrees To Resolution With Federal Trade Commission

May 19 (Reuters) - Fiserv Inc:

* FIRST DATA MERCHANT SERVICES AGREES TO RESOLUTION WITH FEDERAL TRADE COMMISSION

* SETTLEMENT WITH FTC CALLS FOR PAYMENT OF $40 MILLION TO FTC, WHICH IT WILL USE TO PROVIDE REFUNDS TO CONSUMERS WHO MAY HAVE BEEN HARMED

* AGREED RESOLUTION FOR FIRST DATA MERCHANT SERVICES RELATES TO A SINGLE U.S.-BASED ISO WITHIN WHOLESALE CHANNEL Source text for Eikon: Further company coverage:

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