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News: Visa, Amex Cut Ties with CardSystems Solutions.


  03:54:18 pm, by The Dreamer   , 150 words  
Categories: General

News: Visa, Amex Cut Ties with CardSystems Solutions.

Link: http://apnews1.iwon.com//article/20050720/D8BEQP9G0.html

After much news on the breach at CardSystems, apparently detected on May 22nd and leaked to the media last month.

Visa and Amex are going to cut times with them. Wonder if I'm affected? :??:

I suppose I'll find out if I have to get a new Visa or Amex card later this year....

Meanwhile, the article goes on with:

However, it appears the breach happened much earlier. Visa's Jones said Australian banks had notified the credit card company about fraud in January that at the time seemed isolated. But later investigation revealed that the security hole at CardSystems was responsible, she said.

Wonder if this has anything to do with the fraud activity on my MasterCard back in April....:??:

MasterCard is apparently going to stay with this processor, providing they get proof that the problem has been resolved by August 31st. No mention on what Discover is doing in this.

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Now instead of subjecting some poor random forum to a long rambling thought, I will try to consolidate those things into this blog where they can be more easily ignored profess to be collected thoughts from my mind.

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