FIRST DATA PARTNERS WITH ELLIE MAE: Major US payment processor First Data is partnering with California-based mortgage provider Ellie Mae to “integrate secure payments technology,” according to MarketWatch. The partnership will allow Ellie Mae customers to “accept payment for costs related to the lending process” through Software-as-a-Service (SaaS) offerings, point-of-sale (POS) applications, and mobile applications offered by First Data’s digital processing BluePay Gateway solution. For First Data, the move extends its integrated software vendor (ISV) business, which has been booming — through acquisitions like CardConnect, which encompasses BluePay, the firm “tripled” its ISV opportunities last year, which the Ellie Mae deal will also boost. And it will also help First Data continue to accelerate growth and build new volume and revenue opportunities — Ellie Mae processes roughly one-third of the total mortgage loan applications in the US — as it works to build out its business following some challenges in major segments.


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