Biometric firm snaps up hacked card processor

Biometric firm snaps up hacked card processor
Robert Lemos, 2005-10-18

Biometric firm snaps up hacked card processor 2005-10-18
Anonymous (1 replies)

They've basically bought the client list. Implying that this somehow introduces security concerns in their paybytouch technology is propagandistic....

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Re: Biometric firm snaps up hacked card processor 2005-10-19
Anonymous (1 replies)

And where does it imply that this somehow introduces insecurity in the system? CardSystems computers were pretty insecure at one point, though that may have changed now. This doesn't say much about Pay By Touch's technology at all....

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Re: Re: Biometric firm snaps up hacked card processor 2005-10-26
Anonymous (1 replies)

CardSystems spent $2 million on revamping their processing center and was certified by AmbironWave. They're probably the most secure processor out there right now. Combine that with biometric technology and I'd guess that the 120,000 clients they bought will become Pay by Touch clients before it's...

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Re: Re: Re: Biometric firm snaps up hacked card processor 2005-11-01
Texan

This is actually a pretty smart acquisition. CardSystems is up to snuff now, but under current management their image was tainted. Now they have new owners who are totally focused on security. Plus, with 120,000 clients, it's a great entre for the finger payments....

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