First Data Corporation Filed for an IPO

First Data Corporation filed an S-1 with the SEC today for a proposed IPO of its common stock.  The company filed for a $100m offering, but this amount is likely a placeholder.

Company Description: First Data provides payment processing services, as well as point-of-sale, analytics, and security software.

Competitive Set: Worldpay, Global Payments, Heartland Payment Systems, Vantiv, Square, Paypal, MICROS (Oracle)