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First Data Corporation is a global payment technology solutions company headquartered in Atlanta, Georgia, United States. The company's STAR interbank network offers PIN-secured debit acceptance at ATM and retail locations.First Data has a global footprint of 6 million merchants, the largest in the payments industry.owever, the company's LBO was financed with $24 billion in debt, and it remains heavily leveraged. In June 2014, First Data raised a historic $3.5 billion private placement. $1.2 billion of the placement came from KKR; however the majority, $2.3 billion, was from hedge funds, mutual funds and institutions.
Data, Information and Knowledge. Raw data describes the facts and figures that a company processes every day. In a retail environment, each sale will be recorded. However, a company will learn little looking at each sale in isolation. Data becomes information after it has been processed to add context, relevance and purpose. Analysis of daily sales will reveal trends and patterns, such as peak shopping days or biggest-selling items. Knowledge is a set of beliefs based on the relationship between pieces of information.