First Data engages in commerce-enabling technology and solutions for merchants, financial institutions, and card issuers. The company's segments are: Global Business Solutions, which provides retail point-of-sale (POS) merchant acquiring and eCommerce services as well as offerings such as mobile payment services and cloud-based Clover POS operating system; Global Financial Solutions, which provides credit, retail private-label, commercial card as well as licensed financial software systems; and Network & Security Solutions, which provides electronic funds transfer network solutions, debit card processing solutions, stored value network solutions, and security and fraud solutions.
Nelnet focuses on delivering education-related products and services and student loan asset management. The company has four segments: Loan Systems and Servicing, which focuses on student and consumer loan origination and servicing, student loan servicing-related technology solutions, and outsourcing services; Education Technology, Services, and Payment Processing, which focuses on tuition payment plans, financial needs assessment services, online payment and refund processing, and payment technologies; Communications, which focuses on providing fiber optic service; and Asset Generation and Management, which includes the acquisition and management of the company's student and other loan assets.
Wex is a provider of corporate card payment solutions. The company operates in three business segments: Fleet Solutions, which provides payment, transaction processing and information management services specifically designed for the needs of commercial and government fleets; Travel and Corporate Solutions, which focuses on the payment environment of business-to-business payments, providing customers with payment processing solutions for their corporate payment and transaction monitoring needs; and Health and Employee Benefit Solutions, which provides a software-as-a-service platform for consumer directed healthcare payments, as well as payroll related benefits to customers in Brazil.
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