Heartland Payment Systems - Announcements, Interviews & News Stories

Heartland rolls out end-to-end encryption technology

Heartland Payment Systems® (NYSE:HPY), the nation's fifth largest payments processor, has commercially launched its new, state-of-the-art payment card security technology - making it available to merchants and business owners nationwide. Heartland has spent more than two years developing and ten months beta testing and iteratively improving this end-to-end encryption technology - called E3™ - that is designed to protect cardholder credit and debit card data, rendering scrambled data useless to cybercriminals.

24 May 2010

/retail

Heartland plans sales force hiring spree

Heartland Payment Systems (NYSE: HPY), one of the nation's largest payments processors, plans to increase its sales force by hiring 1,198 sales professionals nationwide in the next 18 months.

11 May 2010

/retail

Heartland posts first quarter profit

Heartland Payment Systems, one of the nation's largest payments processors, today announced first quarter GAAP net income of $14.2 million, or $0.36 per fully diluted share.

06 May 2010

/retail

Heartland unveils dual campus ID and debit card

Heartland Payment Systems' (NYSE: HPY) Campus Solutions division is revolutionizing financial aid disbursement with Acceluraid, the first electronic aid distribution platform that utilizes a single financial account for seamless integration with a campus card system - Heartland's OneCard System.

14 April 2010

/retail

Heartland claims support for end-to-end encryption offering

Several of the world's leading electronic payments system manufacturers are working with Heartland Payment Systems (NYSE: HPY), one of the nation's largest payments processors, to ensure their point-of-sale (POS) devices and other payments platforms offer the highest level of data security to businesses that accept credit and debit card payments.

25 March 2010

/retail

Heartland introduces payroll management system

Heartland Payment Systems (NYSE: HPY), one of the nation's largest payments processors, has released Heartland PlusOne Payroll, a newly developed comprehensive payroll management system that streamlines all aspects of the payroll process to enable time and cost savings.

03 March 2010

/retail

Heartland posts Q4 loss as data breach costs continue to mount

Heartland Payment Systems (NYSE: HPY), one of the nation's largest payments processors, today announced a quarterly GAAP net loss of $9.6 million, or ($0.26) per share for the three months ended December 31, 2009 compared to net income of $8.0 million, or $0.21 per fully diluted share, for the same period of 2008.

18 February 2010

/retail

Lawyers vow to continue Heartland legal fight

Early last month, it was announced that Heartland Payment Systems ("Heartland") had negotiated a $60 million settlement with Visa to obtain releases of liability from financial institutions issuing Visa payment cards compromised by the Heartland Data Breach first announced in January 2009.

09 February 2010

/retail

Heartland CEO Carr elected to SPVA board

Heartland Payment Systems' Chairman and Chief Executive Officer Bob Carr has been elected to the 2010 Secure POS Vendor Alliance (SPVA) Board of Directors.

08 February 2010

/retail

Heartland and Visa report 97% acceptance rate for data breach settlement offer

Financial institutions representing more than 97 percent of eligible Visa-branded credit and debit cards have accepted the Alternative Recovery Offers they received pursuant to the settlement entered into by Visa Inc. (NYSE:V), Heartland Payment Systems (NYSE: HPY) and Heartland's sponsoring acquirers last month.

04 February 2010

/retail

7-Eleven extends Heartland contract

7-Eleven has signed a seven-year contract extension with Heartland Payment Systems (NYSE: HPY), one of the nation's largest payments processors.

17 December 2009

/retail

Heartland says shareholder class action suit dismissed

Heartland Payment Systems (NYSE: HPY), a leading provider of credit/debit/prepaid card processing, payroll, check management and payment services, today announced that on December 7, 2009, the United States District Court for the District of New Jersey, granted Heartland's motion to dismiss the consolidated shareholder class action, titled In Re Heartland Payment Systems Securities Litigation, which had been filed against Heartland, Robert O. Carr, Heartland's Chairman and Chief Executive Officer and Robert H.B. Baldwin, Jr., Heartland's President and Chief Financial Officer.

09 December 2009

Company updates