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On January 20, 2009 Heartland announced that it had been "the victim of a security breach within its processing system in 2008". [8] The data stolen included the digital information encoded onto the magnetic stripe built into the backs of credit and debit cards; with that data, thieves can fashion counterfeit credit cards by imprinting the same stolen information onto fabricated cards. [9]
Heartland Payment Systems, Inc. (NYSE: HPY), the sixth largest payments processor in the United States, delivers credit/debit/prepaid card processing, school solutions, loyalty marketing services ...
In 1974, it began processing credit cards for other banks. In August 1983, the company became a public company via an initial public offering. [5] In 1995, the company merged its merchant processing services with those of Visa Inc. [6] In August 2004, the company acquired Clarity Payment Solutions for $53 million. [7]
The following is a list of notable online payment service providers and payment gateway providing companies, their platform base and the countries they offer services in: (POS -- Point of Sale ) Company
Heartland Payment Systems, Inc. (NYSE: HPY), the sixth largest payments processor in the United States, delivers credit/debit/prepaid card processing, school solutions, loyalty marketing services ...
As a follow up confirmation: "Heartland, the fifth-biggest payments processor in the U.S., had suffered what within days would be called the largest-ever criminal breach of card data. Security experts estimate that as many as 100 million cards issued by more than 650 financial services companies may have been compromised.
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