global payments

Global Payments, TSYS Complete Merger

In a $21.5 billion all-stock deal, Global Payments Inc., a global provider of payment processing technology and software solutions, merged with TSYS (Total System Services) to form a pure-play payments company using the name Global Payments, the largest merger of payment technology companies to date. Working with 1,300 financial institutions and 3.5 million merchant locations …

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Global Data Breach: Update #3

For today’s installment of The Official Merchant Services Blog, we are bringing you the most recent developments of the now infamous Global Payments Data Breach. Back in March When we first reported the breach, it had supposedly affected 50,000 cardholders and revolved around a taxi and parking garage company in the New York City area. …

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Global Data Breach Update

Today The Official Merchant Services Blog is updating its coverage of the Global Payments Data Breach. The current update revolves around the expansion the duration of the breach as well as the number of cards potentially affected. It has been a virtual roller coaster ride in terms of narrowing down a number for the cards that were compromised. …

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Data Breach Solutions

Today The Official Merchant Services Blog has a quick follow up to its ongoing coverage of the Global Payments Data Breach. The past two entries in our blog have taken a sweeping look at the big picture of data breaches and PCI DSS and how effective those security standards are. PCI Compliance is a topic …

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PCI and the Data Breach

Today The Official Merchant Services Blog continues looking at the bigger picture of the impact from the Global Payments Data Breach — specifically looking at the affect it’s going to have on PCI DSS as well as a little foray into State Security Breach Notification Laws. You’ll remember yesterday we highlighted some of the criticisms found in …

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Data Breach Consequences

Today The Official Merchant Services Blog is going to delve into the bigger picture of the impact that the Global Payments Data Breach is going to have on the payment processing industry. Obviously this news is going to have a huge impact on Global Payments itself. The company faces a big penalty after Visa dropped …

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More on the Data Breach

Following up on our continuing and extensive coverage of the Global Payments Data Breach, The Official Merchant Services Blog has some new tidbits to report from the man who initially broke the story — Brian Krebs. Krebs felt he needed to respond to the Global Payments conference call delivered by company chairman and top executive …

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Global Payments Data Breach

The Official Merchant Services Blog tackles the big news in the payment processing industry today: The Global Payments Data breach. The news of this data breach hit on Friday and the weekend has seen some wild speculation tossed about. At first there were reports that a mere 50,000 cards were compromised. Then the media upped …

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