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Global Payments Enables Discover Network Card Acceptance for its ...

ATLANTA, Nov. 26 /PRNewswire-FirstCall/ -- Global Payments Inc. (NYSE: GPN) , a world leader in payment processing services, announced today that it has activated the first of its Independent Sales Organizations (ISOs) relationships - EVO, Mercury Payments, North American Bankcard and Total Merchant Services - to acquire Discover Network merchants in a manner consistent with Visa's and MasterCard's acquiring programs.

When the rollout of this program is finalized, Global's entire merchant portfolio including its ISO channel will have the capability of processing Discover Network card transactions with full customer support services. The company anticipates finalization by the third quarter of calendar 2008.

Global Payments will serve as the Discover Network acquiring program sponsor on behalf of the participating ISOs.


Joe Arpaio and Andrew Thomas are teaching the rest of the nation how ...

The George S. May Company is going to join Magedson's corporate advocacy program. (Kushnir declined to say how much he's paying.) Basically, Kushnir will pay Magedson to reveal the complainants against the company, and then Kushnir can do what he would have wanted to do all along — address them.

Good news for Magedson. But not such good news for the people who had anonymously blasted George S. May. After all, Magedson will be giving them up. And if they're current employees, they're probably going to be in trouble with a capital T.

Kushnir says he won't sue anybody — he's learned his lesson — but if it's a disgruntled secretary who called the founder a pedophile, it's hard to imagine things will end happily for her.

Kushnir says he's happy with how things ended. But the incident does raise some ethical questions.


MasterCard Announces Organizational Realignment

PURCHASE, N.Y., Nov. 5 /PRNewswire-FirstCall/ -- MasterCard Incorporated (NYSE: MA) today announced an organizational realignment designed to improve performance in the marketplace by broadening executive responsibilities, hiring a new senior executive and beginning the transition process for the retirement of its Chief Operating Officer, Alan J. Heuer, at the end of 2008.

Heuer has been appointed to the Office of the CEO where he will hold the newly created position of Vice Chairman, and will continue to report to MasterCard President and Chief Executive Officer Robert W. Selander. Also assuming new responsibilities will be:

These executives report to the Office of the CEO.

W. Roy Dunbar, President, Global Technology & Operations; Noah J. Hanft, General Counsel and Corporate Secretary; and, Michael W.



 

 

 

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