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A Brief History of the Unlikely Rise of the Credit Card

A Brief History of the Unlikely Rise of the Credit Card

We don’t know if you’re in the habit of reading the venerable Christian Science Monitor, but they’re a reliable source of what remains real news, and many of their features and backgrounders are fascinating, as well. Just this week, they ran an interview with Matty Simmons, the former publicist-turned-Hollywood-producer, who is pushing 90. Without dating […]

Data Breaches Hit "All Time High" -- AVPS Announces Countermeasures

Data Breaches Hit “All Time High” — AVPS Announces Countermeasures

All Time High was a good name for a James Bond film theme. But it’s an unwelcome descriptor for a trend in data breaches and hacks. As Insurance Business Magazine reports, “there were 1,093 tracked data breaches in 2016, a new all-time high according to a report from the Identity Theft Resource Center (ITRC) and […]

Hacks Happening! But AVPS and SID Can Help!

Hacks Happening! But AVPS and SID Can Help!

We knew we’d have some “breachy” news to report this month — we always do — but little did we know how much! For starters, just up the boulevard from AVPS, L.A. Valley College decided to pay out $28,000 in BitCoin for a New Year’s Eve attack where ransomware captured their computers, or more specifically, […]

Breaches Predicted; Help is Coming

Breaches Predicted; Help is Coming

The CIO website is rife with predictions on coming cyber threats and data breaches for the coming year, laid out across several different articles.  In one on Five Data Breach Predictions for 2017, they list, among the quintet of threats, a “focus on payment-based attacks despite the EMV shift taking place over a year ago.” […]

Post-Monday Postmortem: More Now Shopping Online

Post-Monday Postmortem: More Now Shopping Online

And… we’re back! Still in mid-holiday season, and yet perched between Thanksgiving and that last round of Christmas/Hanukkah/New Year celebrating. We hope your Thanksgiving was nourishing on many levels. As for what we cover here, it seems to have been productive for businesses, too. According to CBS, “early indications are that this should be a […]

Study: Debit Cards Keep Outpacing Their Credit Counterparts

Study: Debit Cards Keep Outpacing Their Credit Counterparts

“The amount of debit cards is growing at a faster rate than that of credit cards, according to RBR’s Global Payment Cards Data and Forecasts to 2021 study,” as Business Insider reports. Debit cards already account for 70% of payment card use around the world, a number “that’s expected to hit 72% by 2021. Debit […]

Image result for pushmepullyou doolittle

Pushmi-pullyu: Payments on the Coming “Internet of Things”

The “Pushmi-pullyu” is, of course, a llama-like character from the Dr. Doolittle books and films — one with heads on either end of its body. But the legendary beast may also be a symbol of how the idea of “payments” are still sorting themselves out on the coming “internet of things.” At least, according to […]

Millennials and Credit Cards: Yes or No? Or both?

Millennials and Credit Cards: Yes or No? Or both?

A recent New York Times piece has made some financial news, declaring that  “data from the Federal Reserve indicates that the percentage of Americans under 35 who hold credit card debt has fallen to its lowest level since 1989, when the Fed began collecting data in a standardized way.” “Their reluctance could have lasting repercussions,” […]

Stealing Payment Card Data “Dead Easy;” “Quickchip” Comes to NorCal

Stealing Payment Card Data “Dead Easy;” “Quickchip” Comes to NorCal

It’s a yin/yang, up-and-down week in payment and security news. Though to be sure, the downside hasn’t been “overly” down, in terms of major breaches or security hacks (though if you have a Yahoo account, you may want to consider changing the password — again). The sobering side of the news comes from PC World […]