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  1. #1
    ABW Ambassador
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    January 18th, 2005
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    Visa, Amex cut ties with card processor
    ...banks that issue Visa cards would have until Oct. 31 to replace CardSystems with one of the hundreds of other payment-processing companies in the United States.

    American Express also notified CardSystems it would sever their relationship as of October...

    USA Today

  2. #2
    2005 Linkshare Golden Link Award Winner  ecomcity's Avatar
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    January 18th, 2005
    Location
    St Clair Shores MI.
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    Datamining for secondary side sales of privacy info to Direct Marketers opened them up this security breech. The Trusted Adwhore filter broke and those 3rd party info brokers... not wanting to pay for the info ...just took it via their secret rolodex of trojan horse virus writers. The same ones working with the BHO infestation schemers. Visa & American Express didn't for a minute buy CardSystems spin they held the info to research transaction abandonment causes.

    http://www.theregister.co.uk/2005/07/19/cardsystems/
    Webmaster's... Mike and Charlie

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