First Data Corporation was acquired by Fiserv, Inc. in a deal that was finalized in July 2019. The merger created one of the largest payment processing companies in the world. Following the acquisition, the First Data brand was gradually phased out, and the company's operations were integrated into Fiserv, which continues to provide a range of financial technology and payment services. The acquisition aimed to enhance Fiserv's capabilities in digital banking, payments, and commerce solutions.