Did you start an online business in the past year? Good for you! With the rise of the pandemic, millions of people worldwide have become self-employed entrepreneurs by starting their businesses online. Many people have been able to sell things that would’ve been too niche to make returns before, like specialized jewelry, art prints, and […]
5 Essential Features You Need In A Global Payment Processor Read More »
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
Global Payments, TSYS Complete Merger Read More »
Holiday Inn, Marriott Hotels Suspected Targets of Data Breach The Official Merchant Services Blog has breaking news regarding the ongoing series of credit card data breaches. One the heels of the major hack of discount retailer of Target that stole credit and debit card data from 40 million accounts right smack dab in the middle
Hackers find new target: Mariott [2023 Update] Read More »
The massive data breach at Target is a big shining beacon illuminating exactly how behind the times the United States remains when it comes to credit card security — namely EMV® chip technology. EMV is a worldwide standard for credit and debit card payments based around the use of chip card technology. The acronym stands for Europay, MasterCard,
Can Chip Cards Stop the Hax? [2023 Update] Read More »
Today The Official Merchant Services Blog marks the triumphant return to the timely topic of PCI DSS and cardholder data security. This tantalizing topic has been touted time and again in the peerless pages of our payment processing chronicles. Days of Future Past The crafty criminals that defraud, hack and swipe courageous consumers for their
The Future of PCI and Data Security Read More »
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.
Global Data Breach: Update #3 Read More »
Today The Official Merchant Services Blog is updating its coverage of the Global Payments Data Breach. The big bomb Global just dropped is that apparently there was a second data breach. The story, initially broken by Ellen Messmer at Network World stated that Global Payments itself revealed this latest news. Data Breach II: Credit Card Boogaloo From the Global
Global Reveals More About Data Breach [2023 Update] Read More »
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.
Global Data Breach Update Read More »
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
Data Breach Solutions Read More »
TodayThe 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
PCI and the Data Breach [2023 Update] Read More »
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
Data Breach Consequences [2023 Update] Read More »
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
More on the Data Breach [2023 Update] Read More »
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
Global Payments Data Breach [2023 Update] Read More »