Despite the January announcement that hackers had breached the network of Princeton, N.J.-based merchant processor Heartland Payment Systems Inc., orders from issuers for news cards have not increased significantly, a representative for a card-printing company who asked not to be identified tells CardLine sister publication Cards&Payments. "We really haven't seen a major push as of yet," the source says, nearly two weeks after Heartland's official announcement (CardLine, 1/20). That does not necessarily mean Heartland hackers compromised fewer cards than in previous breaches, he adds. Since the breach TJX announced in January 2007 (CardLine, 1/18/2007), "it seems that processors and issuers have improved their systems to monitor accounts identified by the associations as compromised," the source says. "A lot of card issuers are probably using those applications before they jump and do a mass reissue."
-
Fiserv chose OpenAI. FIS chose Anthropic. Jack Henry just chose Google. The supervisory guidance that would govern any of it excludes agentic AI.
43m ago -
A detailed look at bank merger-and-acquisition activity between January and June reveals a significant slowdown in announcements and a decline in deal value and pricing. The deceleration coincided with the start of U.S.-Israeli attacks on Iran.
1h ago -
Housing professionals say the ROAD Act provides a blueprint for addressing housing supply and affordability challenges, but what comes next will largely depend on funding decisions and whether states and local governments adopt the initiatives outlined in the law.
1h ago -
The volume of bankruptcy filings has been climbing, particularly among small businesses. But analysts note that the numbers are still below pre-pandemic levels.
8h ago -
In pitting AI agents against historic 60-40 portfolio results, JPMorgan found AI won every time. But researchers could not rule out the possibility that the systems could have essentially cheated.
July 13 -
The Honolulu-based company said it plans to acquire TriCo Bancshares in Chico, California, and retain all of the seller's 68 branches.
July 13











