Quote Originally Posted by Corey Bryant
Cardservice and Cardsystems are two totally different processors - they do not have anything to do with one another.

As far as Cardsystems - they did not keep up with the CISP compliance issues or anything and it became apparent. They were unable to become compliant and this was why Visa dropped them.
Actually if you follow the history of the Cardsystems problem they were 100% compliant will all regs and were just audited in 2003 by Visa/Mastercard and found to be 100% in compliance. They hadn't changed their system at all since that time. What happened was a virus was planted in the system and programmed to download the data files every four days. After CardSystems found out and decifered what exactly happened they notified MC/Visa

You can read the testimony of the committee here

I think there's an alterier motive they would be dropped like a hot potato and I think it has something to do with the adult market.