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Visa, Amex Drop CardSystems Solutions

7/20/2005

New York City, CardSystems Solutions, the payment-processing company that suffered a breach that compromised some 40 million credit-card accounts, has been dropped by Visa USA and American Express, the Associated Press reported. The Atlanta-based payment processor told the FBI of a possible cyber hacking of its systems on May 22, and the incident was made public in June.

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