Heartland pays AmEx $3.6M in settlement for 2008 intrusion
Princeton, N.J., Dec. 17, 2009 — Heartland Payment Systems(R) (NYSE: HPY), one of the nation’s largest payments processors, today announced a settlement agreement with American Express (NYSE: AXP) related to the 2008 criminal breach of Heartland’s payment system environment. Under the agreement, Heartland will pay American Express$3.6 million, resolving all intrusion-related issues between the two parties.



