First Data to Acquire CardConnect
First Data Corporation, a global leader in commerce-enabling technology and solutions, and CardConnect Corp., a technology-oriented commerce solutions provider, announced that they have entered into a definitive merger agreement. First Data will acquire all of the outstanding shares of common stock of CardConnect.
According to Frank Bisignano, First Data Chairman and CEO, the transaction between First Data Corporation and CardConnect Corp. is consistent with First Data's strategy of integrating and scaling innovative technologies across their distribution footprint to better serve their partners and customers.
"CardConnect is a long-standing First Data distribution partner," Bisignano said. "We are excited to incorporate its state-of-the-art solutions across some of our most important strategic initiatives such as partner-centric distribution, integrated payments, and enterprise payments solutions."
Visit www.firstdata.com to learn more.
Synel Americas announced the launch of its new web-based time and attendance solution, DayTrack, the latest addition to its portfolio of workforce management software products.
Synel Americas developed DayTrack with the end user and the administrator in mind. DayTrack's user-friendly, aesthetically pleasing interface and dashboard are accessible via any modern browser as well as via mobile application (DayTrack Smart) and can be paired with time-clock hardware such as Synel America's popular biometric fingerprint clock, SYnergy.
Visit www.synel-americas.com to learn more.
George Washington Medical
Converts to UltiPro
Ultimate Software, a leading provider of human capital management (HCM) solutions in the cloud, announced that George Washington Medical Faculty Associates, the largest independent physician practice in the Washington, D.C., metro region, is using UltiPro to boost communications and engagement across the Medical Faculty Associates, Inc. (MFA) community, to energize its medical providers and staff and to position HR to drive business results.
Debbie Harrison, Director of HR systems at GW Medical Faculty Associates, said that historically departments used limited employee data storage and maintained it either on paper or Excel worksheets, creating significant payroll challenges.
"Leaders were frustrated that they had to go to multiple sources within the organization to get the most updated employee list, which was often inaccurate or incomplete," Harrison said. "We needed a platform that was one voice, one system, and one team, and UltiPro has become the single source of truth for employee data."
Visit www.ultimatesoftware.com/ to learn more.