Items tagged with Global Payments

After what's being described as a "massive data breach" at Global Payments, Visa has decided to part ways with the payment processor and try its luck elsewhere, Global Payments CEO Paul Garcia said, according to a report in the Associated Press. MasterCard, meanwhile, is either willing to give Global Payments the benefit of the doubt that this was a one-time snafu, or hasn't yet announced plans of its own to the ditch the payment processor. Garcia described the situation as being "absolutely contained" at this point, however as many as 1.5 million credit cards across the United States may have been affected. Compromised data includes credit card numbers, but not identifying information such as... Read more...