First Data announces Central/Latin American Processing Center

First Data has announced a new processing center to serve clients in Central and Latin America from Panama City, Panama.

"This new company solidifies First Data's commitment to meeting the processing needs of financial institutions across Latin America and the Caribbean," said Pam Patsley, president, First Data International. "The combined strength of First Data and Banco General will enable PROCESA to deliver a state-of-the-art operation that meets the unique needs of its customers and enable its customers to aggressively grow their business and respond quickly to changing market dynamics. This company will build upon First Data's core strength of delivering a trusted third party processing solution."