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Paradata Systems Announces Certification With Global Payments for Credit Card Processing (T-Net British Columbia)
Whistler, BC, June 2, 2005--(T-Net)--Paradata Systems, Inc. has announced that certification to Global Payment s East platform was completed May 31, 2005. This certification will provide card-present and card not present point-of-sale transactions to a broader range of Paradata s Canadian and US partners and their merchants, in addition to meeting the specific needs of lodging and restaurant

Citigroup to buy Federated, May credit card accounts (BizJournals)
Federated Department Stores Inc. will sell its credit card businesses to Citigroup and plans to sell those of May Department Stores within a year after the retailers' merger, it said Thursday.

SiVault Systems and Hypercom Team to Help Retailers Combat Credit Card Fraud (Business Wire via Yahoo! Finance)
SiVault Systems, Inc. and Hypercom Corporation announced today a joint solution to help retailers reduce credit card fraud, identity theft and the cost of researching payment disputes.

Wachovia May Re-Enter US Credit Card Business The Morning Call (ePaynews)
Jun 01 2005 : Wachovia Corp may re-enter the credit card market, which it exited in 2000 when its predecessor, First Union Corp, sold its USD 5.5 billion credit card portfolio to MBNA Corp. If Wachovia did bite the bullet and return to the credit card business, it would gain a “safety blanketâ€

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