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In the wake of Heartland Payment Systems’ data breach settlement with Visa, lawyers representing five financial institutions have filed a class action lawsuit against two acquiring banks, claiming they share responsibility for damages caused by the intrusion. Last month Heartland agreed a settlement with Visa to pay up to $60 million to issuers of Visa-branded [...]
The post Heartland settlement with Visa prompts lawsuit against acquiring banks appeared first on Payments Cards & Mobile.
