New Fintech Rules? The Yin and the Yang

New Fintech Rules? The Yin and the Yang

Along with all the turmoil occupying our headlines these days, comes some under-the-radar discussion of potential new rules that could affect the financial sector — or at least the financial technology or “FinTech” sector. What’s happening, as Forbes recaps, is “the Office of the Comptroller of the Currency (“OCC”), a division of the U.S. Department […]

of SID, the Fed, and EMVs

of SID, the Fed, and EMVs

Often, we wish the news would be otherwise: Surely something other than yet-another-lapse- in-data-security must be in the payments news cycle. Well there is. But there’s also the lapse. In payments news, we see that the Fed has issued a progress report on its previously announced “Strategies for Improving the US Payment System”,  a plan […]

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 […]

Fraud Prevention. Why This Issue Affects All of Us

Fraud Prevention. Why This Issue Affects All of Us

Credit Card Processing Risk Management The issue of secure payment processing is obviously a longstanding battle between banking institutions and thieves, but this is a problem that affects both business owners and customers as well. We often think of the effects of fraud on a singular level—how it affects us. However, with thieves and hackers […]

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, […]

mobile-payment

How Mobile Credit Card Processing Can Boost Efficiency

A Mobile Processing Performance Check-up to Help You Launch into 2017 If you’ve been reading the AVPS blog for the past few months, you know that we’re firm believers that mobile processing can boost efficiency. However, we also know how many small business owners feel about change or incurring a new cost. With the busy […]

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.” […]

2017: Days of Future Passed, Predictions, Security, and Happy New Year

2017: Days of Future Passed, Predictions, Security, and Happy New Year

  “It’s going to get worse before it gets better,” comments one article in The Guardian proclaiming 2016 “The Year of the Hack,” and what it means for the year ahead. And the years after that. “Hacking is going to become a price that people pay for doing business over the internet,” the article avers, […]