Heartland in $60 mln settlement agreement with Visa
Heartland Payment Systems Inc (HPY.N) said it reached a $60 million settlement agreement with Visa Inc (V.N), under which it will pay issuers of Visa-branded credit and debit cards for data security breach claims. Heartland, the fifth-largest payments processor in the United States, said the settlement was with respect to losses issuers may have incurred from a criminal breach of its payment systems in 2008. Visa would credit the full amount of intrusion-related fines it previously collected fro...
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Google loses Canadian Groovle domain name claim
A Canadian company behind a search engine called Groovle.com has won a case filed against it by online search giant Google. Google said the domain nam...
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New visa proposal to help create the next big thing
A proposal that will make it easier for foreign entrepreneurs in the US to start the next Google or Yahoo will be debated in the new year.
Congressman ...
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Top 5 Regulatory Priorities for 2010
Banking Institutions Should Prepare for 'The Year of Consumer Protection'
If you thought 2009 was a tough year in terms of regulatory scrutiny, wait un...
Read more...Heartland Pays $3.6 Million to American Express
First Settlement to Result from Landmark Data Breach
Heartland Payment Systems will pay $3.6 million to American Express to settle charges relating toÂ...
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