BY ROBIN SIDEL
Global Payments Inc., the credit-card processor that reported a significant security breach Friday, received a fresh blow over the weekend when Visa Inc. yanked its seal of approval from the company.
Visa removed Global Payments from a list of hundreds of companies that it considers to be "compliant service providers," according to the list that was reviewed by The Wall Street Journal. Such companies act as middlemen between merchants and banks in the complex industry of electronic payments.
Visa confirmed that it removed the company from the list "based on Global Payments' reported unauthorized access." Visa said it has asked ...
Processor Hit by Breach Is Dis-Carded by VisaWall Street Journal - 38 minutes ago Visa removed Global Payments from a list of hundreds of companies that it considers to be "compliant service providers," according to the list that was... In-Depth: MasterCard and Visa Investigate Data Breach New York TimesBlog: Global Payments financial hit over breach likely manageable ZDNet (blog) Cost of Global Payments hack likely manageable CNET ZDNet Australia all 139 news articles » |  |