Heartland Says Breach Has Cost It $32 Million This Year, Including $22.1 Million In Card Brand Fines, Settlement OfferPosted on August 6th, 2009 No comments
Heartland Payment Systems on Tuesday (Aug. 4) said it spent $32 million this year paying for costs related to the major data breach it disclosed in January, including $22.1 million to cover fines from key payment card brands and a settlement offer
Posted on August 6th, 2009 No comments
As more people start paying for goods and services using their phone, rather than a credit card, they are venturing into that ethereal netherworld that is “beyond PCI” – in this case, literally, as their daring actions challenge the Payment Card Industry to drop “card” from their name.But there’s more to the challenge than semantics, argues PCI Columnist David Taylor.
The rest is here:
Mobile Payments May Make PCI Obsolete
Posted on June 25th, 2009 No comments
Consumer groups are calling on the government to increase its oversight of so-called prepaid reloadable cards, as more people use them instead of traditional credit cards.
A Push to Regulate Prepaid Cards