Archive for the 'CCAuthorize' Category

PayPal to Acquire VeriSign’s Payment Gateway

Monday, October 10th, 2005

eBay announced that PayPal will acquire Verisign’s payment gateway business while Verisign will provide eBay and PayPal with a suite of security services.

CardSystems to Comply With Security Standards

Friday, July 8th, 2005

CardSystems let hackers get ahold of 200,000 consumer credit card accounts. They say they’re finally starting to comply with the rules all other merchants and credit card processors are required to follow.

Merchants Pay for Online Credit Card Fraud

Saturday, June 18th, 2005

Online merchants pay higher discount rates to accept credit cards, but they shouldn’t since they bear most of the burden of fraud anyway.

MasterCard: 40 Million Cards at Risk

Saturday, June 18th, 2005

CardSystems has allowed 40 million credit card accounts to be compromised due to flagrant violations of the rules for storing account information.