Monaco capital – AAI Monaco http://aaimonaco.org/ Tue, 22 Jun 2021 03:27:54 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://aaimonaco.org/wp-content/uploads/2021/06/icon-23-150x150.png Monaco capital – AAI Monaco http://aaimonaco.org/ 32 32 Hillicon Valley: Amazon Employee Alleges Security Had Mailbox Keys Used During Union Vote | Facebook Loses Offer to Block Irish Watchdog’s Data Feed Decision | Lawmakers attempt to defend pipelines from cyber threats https://aaimonaco.org/hillicon-valley-amazon-employee-alleges-security-had-mailbox-keys-used-during-union-vote-facebook-loses-offer-to-block-irish-watchdogs-data-feed-decision-lawmakers-attempt-to-defend-pipelines/ https://aaimonaco.org/hillicon-valley-amazon-employee-alleges-security-had-mailbox-keys-used-during-union-vote-facebook-loses-offer-to-block-irish-watchdogs-data-feed-decision-lawmakers-attempt-to-defend-pipelines/#respond Thu, 17 Jun 2021 06:44:18 +0000 https://aaimonaco.org/hillicon-valley-amazon-employee-alleges-security-had-mailbox-keys-used-during-union-vote-facebook-loses-offer-to-block-irish-watchdogs-data-feed-decision-lawmakers-attempt-to-defend-pipelines/ Welcome to Hillicon Valley, The Hill’s newsletter detailing everything you need to know about tech and cyber news from Capitol Hill to Silicon Valley. If you haven’t already done so, don’t forget to subscribe to our newsletter by clicking on HERE. Welcome! Follow our cyber reporter, Maggie Miller (@ magmill95) and the technical team, Chris […]]]>

Welcome to Hillicon Valley, The Hill’s newsletter detailing everything you need to know about tech and cyber news from Capitol Hill to Silicon Valley. If you haven’t already done so, don’t forget to subscribe to our newsletter by clicking on HERE.

Welcome! Follow our cyber reporter, Maggie Miller (@ magmill95) and the technical team, Chris Mills Rodrigo (@chrissmills) and Rebecca Klar (@rebeccaklar_), for more coverage.

A worker at Amazon’s Bessemer, Alabama plant dropped a big claim that security guards had access to mailbox during union election in National Labor Relations Board hearing Friday. Meanwhile, Facebook has lost an offer to block a draft decision by an Irish watchdog that could suspend the tech giant’s ability to move data from the US to the EU, and bipartisan groups from House lawmakers have put in place two pieces of legislation to protect critical infrastructure from cyber attacks in the wake of the ransomware attack on Colonial Pipeline.

BIG ALERT: Security guards at Amazon’s Bessemer, Alabama plant had keys to a mailbox the company recommended workers use to vote in union elections earlier this year, a factory worker at a National Labor Relations Board hearing on Friday.

Kevin Jackson said during the sixth day of hearing into the union’s challenge to the results that he saw two guards use keys to open one of the thirteen locations in the mailbox.

The allegation comes after the Wholesale and Department Stores Union, which would have represented Amazon workers in the event of a union win, officially challenged the initial loss by a 2-1 margin last month.

The challenge included complaints about the mailbox.

Emails show Amazon pushed the U.S. Postal Service to set up a mailbox in the Bessemer parking lot after its efforts to hold an in-person election failed.

The union argued that the mailbox gave the impression that Amazon was running the election rather than the NLRB, and created the impression that workers were being watched.

The allegation that employees linked to Amazon had access to the mailbox was not included in the complaint. It can also be difficult to corroborate and was not mentioned by previous witnesses.

Read more.

A QUICK ON FACEBOOK: Facebook has lost an offer to block an Irish watchdog’s draft move that could suspend the Silicon Valley giant’s ability to transfer data from the US to the EU, according to a decision released Friday by the High Irish court.

The court dismissed Facebook’s procedural complaints over the Irish Data Protection Commission’s preliminary decision in August to order the suspension of Facebook’s data flow between the US and the EU.

Judge David Barniville wrote in the court ruling released on Friday that Facebook “must fail on these grounds of challenge and therefore is not entitled to any of the remedies claimed in the proceedings.”

A Facebook spokesperson said in a statement “We are eager to defend our compliance with the IDPC, as their preliminary ruling could harm not only Facebook, but users and other businesses as well.”

Learn more about the decision.

THE LEGISLATIVES ACT: A bipartisan group of more than a dozen House lawmakers reintroduced legislation to defend pipelines from cyberattacks, with the bill following the devastating ransomware attack that forced the shutdown of Colonial Pipeline.

The Pipeline Security Act would codify the responsibility of the Transportation Security Administration (TSA) and the Cybersecurity and Infrastructure Security Agency (CISA) to protect pipelines from threats. The effort is led by Rep. Cleaver Emmanuel (D-Mo.).

It would also require the TSA to update pipeline safety guidelines and conduct risk assessments, create a staffing strategy to staff its pipeline safety section, and improve congressional oversight of TSA’s efforts in the matter. pipeline.

Learn more about the legislation here.

THE LEGISLATIVE ACTS SECOND PART: representative Elissa slotkinElissa Slotkin Republicans Consider Shattering Nashville To Win House Seat Democrats Seize GOP Opposition To Jan. 6 Committee Hillicon Valley: Democrats Urge Facebook To Ditch ‘Instagram For Kids’ Plan | “Homework gap” set to persist after pandemic (D-Mich.) And other bipartisan House lawmakers on Friday introduced legislation designed to protect critical systems from cyberattacks, a week after a ransomware attack on the colonial pipeline significantly disrupted the supply of fuel from parts of the country.

The Cybersecurity and Infrastructure Security Agency (CISA) Cyber ​​Exercise Act would require CISA, which is the country’s leading cyber risk agency, to establish a national cyber exercise program to test the readiness of critical infrastructure against cyber attacks.

The legislation would also require CISA to help state and local governments, as well as private industry, design and implement plans to assess the safety and security of critical infrastructure.

Learn more about the bill here.

LUCK O ‘THE IRISH: The Irish healthcare system was forced to shut down its IT systems on Friday following what it described as a “significant” ransomware attack that disrupted operations.

“There has been a ransomware attack on our computer systems”, the Health Service Executive (HSE) wrote in an article on his website. “We closed them all as a precaution. This caused some disruption to our services. But most medical appointments will go as planned. “

According to the HSE, the attack resulted in some hospital appointments being delayed, part of virtual appointments canceled and COVID-19 test results delayed. Dublin’s Rotunda Maternity Hospital canceled all appointments except emergencies and Cork University Hospital was forced to cancel all radiation therapy and most X-ray appointments on Friday.

Ambulance and emergency services were not disrupted and continued normally on Friday afternoon in Ireland, along with appointments for the COVID-19 vaccine.

Learn more about the attack here.

TECH COMPANIES UNITE A group of nearly 30 tech companies and other organizations filed a legal brief on Friday in defense of a program that grants work permits to spouses of highly skilled immigrants.

The Obama-era rule allows nearly 100,000 spouses of H1-B visa holders in the United States to work. The rule, known as H-4 EAD, is currently being challenged in court by a group of American tech workers, Save Jobs USA, which claims visa holders and their spouses are in unfair competition with American workers.

The coalition of companies and tech organizations defending the program filed a brief with the court on Friday.

In the amicus brief, businesses and organizations – including Google, Amazon, Apple, Microsoft and Twitter – say repealing the rule would be “totally destructive to the families affected” and hurt their businesses.

Read more.

Lighter click: The influence of Dakota Johnson …

An editorial to chew on: The cybersecurity decree is a game-changer but not a panacea

REMARKABLE LINKS ON THE WEB:

We have found Joe bidenJoe Biden Widening Child Tax Credit Could Lift 4 Million Children Out of Poverty: Analysis Maria Bartiromo defends report: “Keep on getting dirty, I’ll keep telling the truth” The memo: the center strikes back MORE‘s Secret venmo. Here’s why it’s a privacy nightmare for everyone (BuzzFeed News / Ryan Mac, Katie Notopolous, Ryan Brooks and Logan McDonald)

Distancing vaccinees: viral infertility vaccine misinformation hit new extremes (NBC News / April Glaser and Brandy Zadrozny)

SpaceX’s satellite internet service is a technological marvel – when it works (Le Verge / Nilay Patel)

the Deadly toll Amazon’s Trucking Boom (L’Information / Paris Martineau)

An employee instructs Amazon to Violation of labor law at NYC Union Drive (Motherboard / Lauren Kaori Gurley)

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NFL pre-game shows are still useless https://aaimonaco.org/nfl-pre-game-shows-are-still-useless/ https://aaimonaco.org/nfl-pre-game-shows-are-still-useless/#respond Thu, 17 Jun 2021 06:44:18 +0000 https://aaimonaco.org/nfl-pre-game-shows-are-still-useless/ Every year around this time, I stop to see if the streak is alive. Nobody should care, but it is: In nearly 40 years of writing this column, not once have I heard from a single reader that he prefers one NFL studio pre-game show over another, let alone all the others. . He never […]]]>

Every year around this time, I stop to see if the streak is alive. Nobody should care, but it is:

In nearly 40 years of writing this column, not once have I heard from a single reader that he prefers one NFL studio pre-game show over another, let alone all the others. . He never came. The only thing recognized is that shows – on CBS, Fox, ESPN, NFL Network – are getting longer, fueling their commercial value and uselessness to viewers.

No network even tries to distinguish its pre-game show from the others. These are, in weekly form, festivals of forced laughter, intentionally dull and flat, as if Roger Goodell is holding the master circuit to cut the juice and burn the contract if anyone dares to explain why a player has come out with “problems out.” ground”. “The truth, in Goodell’s NFL, is an act of sedition.

“So Coach, who do you like in the Seahawks-Lions today, see here on Fox?” “Well, they have to establish the race first…” Apparently we’re supposed to care about the answer, but we don’t, never have, and never will. Yet the scripts never change.

There will be some irrelevant stats to feign preparation and enlightenment, and maybe CBS ‘“Weekend” Boomer Esiason, the fake, will reprise his role as a mute choirboy while Fox’s Jimmy Johnson still wears this look that he can’t believe he gets paid for.

NFL pre-game broadcasts will always be useless, writes The Post's Phil Mushnick.
NFL pre-game broadcasts will always be useless, writes The Post’s Phil Mushnick.
SCS

Panelists, as they come and go, have increased in number per show, ensuring that intelligent conversation will be lost for single sentence entries and exits. And even more forced laughs.

Fox’s Jay Glazer seems a solid source on scratches and rumors from the latest players, but that’s it.

So how does a network attract and then maintain a loyal pre-game NFL following? How would any of them know if none of them even bothered to try?

At the start of this season, I saw a defensive back, lying on the pitch, almost motionless after a helmet-to-shoulder collision. His head was immobilized and soon a stretcher transported him to an ambulance which left. The key reporter noted that her arms were moving and said she would keep us posted. So what ?

Who goes to the hospital with the player? What goes through the player’s head as they look inside the ambulance roof? How are his personal effects, including street clothes, transported to the hospital? If he comes out in a considerably improved state, who accompanies him home, especially by plane from an away game?

Does the team employ staff to provide this help, comfort and services? We have seen the beginning of such dramas, but how do they unfold?

This is where I would include a six-minute play on a pre-game show.

What does the training week look like for a long snapper? This linesman also works in a penitentiary? Or in a reptile refuge? Show us and tell us their stories. Give us more, give us something, something better. Along with loud, loud laughs about gags that didn’t naturally emit a smile, it gives us the opportunity to say to ourselves, “That was pretty interesting. “

But we go on, keeping things boring, keeping the hands of the network safe and clean because they don’t do anything. Rinse, repeat.

MLB’s shameful past can’t just be erased

Now that Rob Manfred, with just one statement, has radically and racially revised American history – eliminate decades of MLB segregation by executive order – The Great Emancipator is working on a new outcome for the Crimean War.


So, networks hire former football officials to prejudge replay challenges and they often provide nothing better than “maybe” or “maybe”, meaning their second guess is no better. as the first official estimate in the field and the second official estimate. And they always say it’s called, “Getting it right.”


Peer Pressure: Guaranteed, Mark Schlereth, now at Fox, never spoke of a QB’s “arm talent” until he became a TV football analyst.


Washington QB problem magnet Dwayne Haskins lost his team captain title, with a capital C. One wonders who he will be beaten for the honor.


Volume Alert: New York audiences will be subject to “Hollerin ‘” Kevin Harlan on CBS’s Browns-Jets TV show.


Iowa State’s colors have been cardinal and golden since 1899. You can still reduce them by choosing Iowa State, Arizona State, or USC for instant television recognition. Now it’s just another school whose football team, on behalf of Nike and bought compliance, wears the all-black bad-attitude.


Monday evening, despite the uncivil war between the Steelers and the Bengals, was designated “NFL Muppets Night” for children addicted to black coffee. Having always confused the Muppets with Sesame Street, I wanted to know if Elmo is related to Venmo.

Holiday games confirm the cult of the leagues $$$

If I were king …

Adam Silver
PA

So on Christmas Eve there was still no NBA party scheduled, which made no sense to game workers, broadcast workers, and pre-COVID ticket buyers who would much prefer. work or attend games on Christmas Eve rather than abandon family and Christmas vacation. Day. But on Christmas Day, the NBA, entirely devoted to TV money, programs five broadcasts of national games.

On Thanksgiving Day, thousands of people who would rather be with family and loved ones have to work so the NFL can televise three games, one for CBS money, one for NBC money, one for Fox money.

And Martin Luther King Jr. Day, a day when all Americans solemnly reflect on his accomplishments and his assassination, is now scheduled every year to be loaded and dedicated to NBA games – in grim homage to Dr. King, of course.


Is there a more publicized myth than that of the NFL teams “racking up” the season to improve their draft pick?

1) The likelihood that the head coach – an Adam Gase – won’t be back is such that thinking he would be anxious to grease his own slip and lose in favor of the team on the verge of sacking him, is ridiculous. Why don’t you just hit you in the eye?

2) That players, many of whom are considered consumable after a rotten season, willfully fuel their departure and diminish their reputation by playing ostensibly bad football is absurd. Wait for me! I will also hit myself in the eye!

But “tanking,” the NFL myth, is here to stay.

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Uber launches new loyalty program for its members https://aaimonaco.org/uber-launches-new-loyalty-program-for-its-members/ https://aaimonaco.org/uber-launches-new-loyalty-program-for-its-members/#respond Thu, 17 Jun 2021 06:44:18 +0000 https://aaimonaco.org/uber-launches-new-loyalty-program-for-its-members/ Share Tweeter Share Share Share E-mail Uber, the ridesharing company, on Wednesday, November 14, announced Uber Rewards, a new loyalty program that allows customers to earn every time they use Uber or Uber Eats. In one corporate blog post, Uber said the new program offers users four membership levels, including Blue, Gold, Platinum and Diamond. […]]]>

Uber, the ridesharing company, on Wednesday, November 14, announced Uber Rewards, a new loyalty program that allows customers to earn every time they use Uber or Uber Eats.

In one corporate blog post, Uber said the new program offers users four membership levels, including Blue, Gold, Platinum and Diamond. The program is free and will eventually cover their bikes and scooters.

Once a user signs up, they start earning one point for every eligible dollar spent on UberPool and Uber Eats orders; two points for UberX, UberXL, Select and WAV; and three points for black and black SUVs. Once a customer has accumulated 500 points, they go from Blue to Gold. At 2,500 points, the customer goes to Platinum and 7,500 points to Diamond. The earning periods last six months and are linked to the date the client joins the program. When an Uber user unlocks a tier, he or she has that tier for the remaining earnings period and the next six months, Uber said.

“Our customers have told us that they want to see a return on their daily expenses and care about price consistency, punctuality and quality of their experience. So we kept these comments in mind when designing the packages. benefits, ”Holly wrote. Ormseth, Product Manager, Uber Rewards in the blog post. “Once you sign up for the program, you will receive $ 5 added to your Uber Cash balance for every 500 points you earn, regardless of your membership level. Your Uber Cash balance can be spent on both Uber groceries and meals. “

Customers who reach the Gold membership level will benefit from flexible cancellations, which means they can cancel and rebook qualifying Uber travel within 15 minutes and be reimbursed for the cancellation fee. Gold members also get priority support, which means faster response times across Uber and Uber Eats. Platinum members get all the benefits of Gold members, plus fare protection on an itinerary and priority transfers to reduce wait times at most airports. The highest level of membership is Diamond, which includes the benefits of Gold and Platinum membership in addition to premium support, with fast 24/7 response times from customer support agents. experienced. Diamond customers also get free surprise upgrades from UberX to premium products like Uber Black at no additional cost, as well as a special “UberX Diamond” option that includes access to highly rated drivers. Finally, Diamond members receive no delivery charges on three Uber Eats orders every six months.

Uber launches the program in nine cities, including Miami, New Jersey, Denver, Tampa, New York, Philadelphia, Atlanta, San Diego and Washington, DC. Other cities will be deployed in the coming months.

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NEW PYMNTS DATA: FOCUS ON AI: THE BANK’S TECHNOLOGICAL ROADMAP

About the study: The AI ​​In Focus: The Bank Technology Roadmap is a research and interview report examining how banks are using artificial intelligence and other advanced IT systems to improve credit risk management and other aspects of their operations. The Playbook is based on a survey of 100 banking executives and is part of a larger series assessing the potential of AI in finance, healthcare and others.



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How P2P Payment Apps Fight Fraud Attacks https://aaimonaco.org/how-p2p-payment-apps-fight-fraud-attacks/ https://aaimonaco.org/how-p2p-payment-apps-fight-fraud-attacks/#respond Thu, 17 Jun 2021 06:44:17 +0000 https://aaimonaco.org/how-p2p-payment-apps-fight-fraud-attacks/ Share Tweeter Share Share Share E-mail More and more consumers are turning to digital methods to pay their friends and retailers during the global health crisis. Buyers seek to avoid exchanging money and cards in person and instead opt for contactless transactions or remote purchase options. This trend has created a myriad of opportunities for […]]]>

More and more consumers are turning to digital methods to pay their friends and retailers during the global health crisis. Buyers seek to avoid exchanging money and cards in person and instead opt for contactless transactions or remote purchase options. This trend has created a myriad of opportunities for P2P (peer-to-peer) payment applications like Venmo and Zelle, which allow consumers to quickly, easily and digitally transfer funds to merchants and friends.

However, these app-based transactions must be secure enough to allow consumers to fully enjoy their benefits. P2P payment providers have their work cut out for this, as cybercriminals stepped up their attacks during the pandemic. This month’s Deep Dive examines the fraud challenges that real-time P2P payment applications face and the strategies these services can use to mitigate these threats.

P2P scams

Buyers are relying more on P2P apps during the pandemic, prompting fraudsters to do the same. The New York Times recently reported that although the number of daily Venmo users has increased by 26% over the past year, the number of customer reviews containing the words “fraud” or “scam” has almost quadrupled. Both of these trends suggest that these payment services continue to gain the attention of both legitimate users and bad actors.

So many P2P application providers are very keen on finding ways to serve consumers while outwitting the bad guys, but the security challenges present in these payment services are no small problem. More than 70 percent of American adults in a recent investigation said they use such apps, in part because the apps allow them to to send funds immediately – an attractive option compared to transactions that take several days. These fast transfers give payment service providers shorter time frames during which they can review and stop the movement of funds if something goes wrong, however. Scammers often seek to take advantage of the irreversibility of real-time payment services, typically by setting up P2P app accounts and tricking victims into sending funds that cannot be recovered. Consumers who use these apps to send money to people they don’t know risk channeling the funds to scammers.

Cybercriminals take advantage of consumer trust by soliciting funds under dishonest pretexts. Some to pretend be tax officials and insist that their targets send funds through apps, for example. Other scams occur when scammers post Craigslist ads claiming to sell items and require upfront payment through P2P apps. They then flee with the funds without delivering the goods. Consumers who fall prey to these schemes cannot file chargebacks and receive refunds, unlike credit cards. Many consumers are unaware that they should avoid sending money to third parties who are unfamiliar with the apps, and 47% of those surveyed in a 2019 investigation reported using P2P apps to send money to strangers in response to classifieds on Craigslist and other sites. Fifty-three percent said they use these apps to pay unknown sellers they’ve met on auction platforms like eBay.

P2P application providers are working to stay ahead of these issues by educating consumers about the risks involved in such transactions. Some applications now offer pop-up alerts that to warn users of the risks they face when sending funds to recipients they don’t know, for example. Other app providers have ditched one-click transaction activation and instead prompt users to review their payments before hitting send, giving customers time to review their choices, check for errors. and confirm the details.

Preventing fraudsters from using real-time payment services to defraud legitimate customers may in the first place prevent bad actors from entering the space. Application providers need to be able to detect when users can take advantage of fake identities during onboarding. Scammers often attempt to create accounts using stolen credentials or synthetic IDs cobbled together using personally identifiable information gathered from multiple victims. Payment providers can rely on banking partners to monitor customers while increasing their efforts to to catch bad actors sneaking around using artificial intelligence (AI) -based tools to detect abnormal user behaviors that could indicate fraud.

ATOs and how P2P applications can fight back

Real-time payment providers also need to protect honest customers from cybercriminals who might take control of their accounts. Fraudsters who access these accounts can steal the funds they store on the apps or embezzle money from any bank or card account linked to them. Some cybercriminals may try to leverage Usernames and passwords stolen in data breaches or purchased on the dark web to log into customer applications. Others apply brute force techniques that rely on malicious bots to automatically insert various usernames and passwords into login screens and hope they find the right combinations.

However, P2P application providers are far from helpless when it comes to stopping takeover account (ATO) attacks. A simple first step is to encourage customers to use unique passwords when signing up, which reduces the likelihood that their account details will be compromised if another business experiences a data breach. A recent study found that only 37 percent of Canadian bank customers use different passwords for each of their accounts, with 22 percent recycling two to five passwords across different accounts. Reusing passwords is risky because hackers can use compromised login credentials from other breaches to gain access to additional accounts. Therefore, application providers may need to make dedicated efforts to educate customers on the importance of changing their habits.

Payment companies can also watch for sudden and rapid spikes in failed login attempts, which could indicate brute force attempts are underway. P2P application providers could even take security a step further and implement multi-factor authentication (MFA) to ensure that stolen password and username combinations are not enough on their own to give users criminals accessing customer accounts. P2P applications that implement MFA require clients to present at least one additional layer of authentication to validate their identities.

Many consumers recognize that real-time P2P payments can take the friction out of their transaction experiences and make payment quick and easy. To enable customers to reap the benefits of such offerings, application providers must also ensure optimal security. The right anti-fraud approaches can help P2P payment providers move transactions forward quickly while stopping fraud.


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Real Change Saleswoman Debbie DeBusk Knows The Industry Inside Out | February 3-9, 2021 https://aaimonaco.org/real-change-saleswoman-debbie-debusk-knows-the-industry-inside-out-february-3-9-2021/ https://aaimonaco.org/real-change-saleswoman-debbie-debusk-knows-the-industry-inside-out-february-3-9-2021/#respond Thu, 17 Jun 2021 06:44:17 +0000 https://aaimonaco.org/real-change-saleswoman-debbie-debusk-knows-the-industry-inside-out-february-3-9-2021/ Debbie DeBusk knows how to sell the news. Before she even started selling Real Change in 2008, she sold the Seattle Daily Times and the Post-Intelligencer in downtown Seattle. Vending Real Change is different because it does not require an assigned location or schedule, aspects to which it has adapted quickly. DeBusk is currently posting […]]]>

Debbie DeBusk knows how to sell the news. Before she even started selling Real Change in 2008, she sold the Seattle Daily Times and the Post-Intelligencer in downtown Seattle. Vending Real Change is different because it does not require an assigned location or schedule, aspects to which it has adapted quickly.

DeBusk is currently posting for Real Change in Magnolia, at the Seattle Neighborhood Post Office, where she has a strong relationship with her clients.

Debbie put a lot of thought into choosing her seat in front of Magnolia’s post office. She tried Magnolia Market, but it was slow in the morning and someone else sold Real Change there in the afternoon. Albertson was even slower. Then there was Starbucks.

“Starbucks goes in spurts. You have so many now, then you have two more, three and so on. I looked across the street, saw this post office and I Said, “Dude, there’s a lot of people going in there.”

She befriended postal workers, and the sales – before COVID – were still good. She remembers better days, saying some, “I couldn’t even hold them in my hand for more than five minutes. Everyone who passed her said, “I’ll have one!” Give me one! “

“I wish I could have a day like this all the time!” “

DeBusk, who is an expert on the subject, claims that some Real Change issues sell much better than others. “Some of them are dull on the first page, like this time it was a little brown, almost no design.” She thinks that if there’s something on the cover that’s shiny, the number tends to be a big seller.

DeBusk stopped selling the Seattle Times and the Seattle Post-Intelligencer when the latter stopped printing, and then when the Times shut down weekday street sales.

She wants Real Change to look like a daily newspaper – a bigger size, a sports page, and more comics. Once, she might have even drawn comics herself. “I used to like to draw, but I take medicine and it tires me so much now. “

Regarding newspaper format, she says newspapers like the Times used to be bigger. “If you watch old TV shows like ‘I Love Lucy’, [one of her favorites] aren’t their journals really big? Just think about trying to keep such a big journal in your hands! “

Her husband also wants a sports page. “He used to be a Seahawks season pass holder until the price started to go up.” Debbie would go with him to the Kingdome matches. “The prices were cheaper. I have never been to a game in the new stadium.

DeBusk was born and raised in Seattle. She’s been here all her life and can’t see herself leaving anytime soon. She saw this city transform, with her family. When she was 12, her father passed away; she and her mother and her five siblings were forced to abandon their West Seattle home and move to the Admiral’s District. After graduating from high school, Debbie began making parts for Boeing and other large industrial companies. Today, she has lived in permanent accommodation with her husband for almost 40 years.

Over the past few years, while selling stories on the streets of Seattle, Debbie has seen a lot. She loves to tell about the people she meets, the dogs she sees and the weird scenes that sometimes play out in front of her while she is working.

She loves observing the characters in her community, even when sales are slow.

“Sometimes it’s hard when I say ‘Hello’ and they don’t even look at me. But a lot of people just don’t know about Real Change. They end up coming back, ”she said.

Patience is a quality that makes DeBusk successful in its paper sales. “Always polite and never arrogant” is her mantra – and she takes it seriously.

Speaking of interactions with her clients, she says, “We both say ‘Hello’ and we both say ‘Thank you’. It’s always easy with them, and that’s a good thing. Every once in a while I get a 20 from someone, and people are nice to me.

DeBusk’s favorite part of Real Change is the people.

“[My customers] are good to me, and I’ve gotten feedback on how, you know, I approach people – I don’t get mad or something.

DeBusk said the newspaper attracted people she had never seen before. “But it makes me feel good, you know, when I can sell well, more here or there, and almost every day I would come home with maybe a paper, two papers [left over]. But yes, it makes me feel good.

Read the rest of the issue from February 3 to 9, 2021.

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Checks are the economic dinosaurs Americans won’t give up https://aaimonaco.org/checks-are-the-economic-dinosaurs-americans-wont-give-up/ https://aaimonaco.org/checks-are-the-economic-dinosaurs-americans-wont-give-up/#respond Thu, 17 Jun 2021 06:44:17 +0000 https://aaimonaco.org/checks-are-the-economic-dinosaurs-americans-wont-give-up/ Online payment systems like Venmo and Paypal are benchmarks in the digital era of banking in which we live. There’s also Zelle, a new peer-to-peer payment app launched by big banks like JP Morgan and Bank of America. So you might expect paper checks to go away, but Americans just won’t let go of their […]]]>

Online payment systems like Venmo and Paypal are benchmarks in the digital era of banking in which we live. There’s also Zelle, a new peer-to-peer payment app launched by big banks like JP Morgan and Bank of America. So you might expect paper checks to go away, but Americans just won’t let go of their checkbooks. In the US, people wrote about 38 checks on average in 2015, compared to 18 in Canada, 8 in the UK, and almost none in Germany. Katie Robertson wrote a article on Americans’ attachment to checks for Bloomberg. Kai Ryssdal of Marketplace explained to him why Americans refuse to adapt to economic times. Below is an edited transcript of their conversation.

Kai Ryssdal: Who besides my mom I guess still uses checks there?

Katie Robertson: You know you’d be surprised there are still a lot of Americans who use checks. I mean we see it especially in more rural populations. They still use it for groceries and gasoline. And Americans actually wrote 38 checks on average last year.

Ryssdal: Okay with the title of this article: Why can’t Americans give up their checks? Are we just stubborn and stubborn?

Robertson: I mean that’s a great question because a lot of people think it’s the biggest economy in the world and they’re kind of stuck in the Stone Age as other countries moved on there. long enough. If we take Finland for example, they stopped issuing checks in 1993. So that was a long time ago.

Ryssdal: They just stopped broadcasting, don’t they anymore?

Robertson: Yes and there are other countries in Europe that are following this path. Netherlands in 2002. Poland in 2006. Even Denmark – they stopped issuing checks this year.

Ryssdal: Is there an advantage to using checks? I mean, are they safer? I mean, do they just make us feel better?

Robertson: I think it has a lot to do with comfort, especially with the older generations there is a lot of fear, unease around using online banking. You know pressing buttons on Venmo it seems a little bit dangerous, you can’t really see your money, it’s online. Many people also like to have the check information which is all written down on paper. We have less of the impression that it will be hacked.

Ryssdal: Yes. One of the things you point out in this article is that we in the United States compared to almost every other country, we have an extremely fractured banking system, we have, you know, 10,000 deposit-taking institutions, that n It’s not like the Fed can just issue an edict that says more checks.

Robertson: This is one of the big problems of the highly fragmented banking system. The central bank here, the Federal Reserve, they don’t have the power to force a change in the type of payment, they can’t say we’re extinguishing the checks now, that’s all. The Fed is, in fact, well aware that the decline in checks may not be accelerating as quickly as it expected. So they formed a task force in 2015 to investigate the faster payments. They just released their report and they want to see a faster payments platform with secure, real-time payments by 2020. But of course that’s a recommendation, it’s not something they want to see. can impose.

Ryssdal: Yeah, but this is also one of those where – and this is going to sound terrible – you have to wait for check users to age out of this economy if you understand me. Right. And for the people who are used to who are used to electronic payments and Venmo and all that to become the majority.

Robertson: That’s it. I mean a lot of places that I know, 1 I spoke to several banks and they were basically saying checks are there as long as they need to be. They won’t be leaving anytime soon.

Ryssdal: And you, when was the last time you wrote a check?

Robertson: I mean, so I was interested. I moved to the United States almost three years ago. I am from Australia, had never written a check and had never seen a checkbook. It just wasn’t done, it wasn’t a thing. So I came to the United States and was told at my first apartment that I had to open a checking account. I had to physically get a checkbook, which to me was a throwback to the 80s. And I had to google how to write a check. I have spoken to a lot of expats in the United States and they have all had similar experiences. It’s just such a throwback.

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You can now buy from 2M retailers using Venmo and emojis https://aaimonaco.org/you-can-now-buy-from-2m-retailers-using-venmo-and-emojis/ https://aaimonaco.org/you-can-now-buy-from-2m-retailers-using-venmo-and-emojis/#respond Thu, 17 Jun 2021 06:44:17 +0000 https://aaimonaco.org/you-can-now-buy-from-2m-retailers-using-venmo-and-emojis/ Venmo can now be used for payments pretty much anywhere PayPal is available. Venmo Facebook is great for showing off your kids and pets. Instagram is great for showing off your vacation. And Venmo is great for showing off your purchases. Venmo now wants to take a look at its status as one of the […]]]>

Venmo can now be used for payments pretty much anywhere PayPal is available.

Venmo

Facebook is great for showing off your kids and pets. Instagram is great for showing off your vacation. And Venmo is great for showing off your purchases.

Venmo now wants to take a look at its status as one of the few places online where it’s okay to talk about your latest drinking habits. The PayPal-owned money transfer service said on Tuesday that starting this week, its users can choose Venmo as a payment option when shopping at more than 2 million mobile websites from U.S. retailers, including Walmart, Target, Lululemon, and Forever 21. This new feature is not yet available for desktop users.

Venmo, a service only in the United States, was able to expand to so many online retail sites at once because it leverages PayPal’s existing network. For now, users will even have to click the PayPal button during checkout to find the Venmo payment option.

Venmo also said on Tuesday that by the end of this year it will begin allowing users to instantly withdraw balances from their bank accounts for 25 cents per transaction.

The new retail feature Venmo had been test since the beginning of last year with a handful of retailers, could help the service grow beyond its current place as a social media and emoji infused money transfer app with a large millennial user base and into a service payment for more people. More useful to PayPal, the new service will allow it to bill merchants for purchases, giving PayPal its first major way to make money with Venmo since the popular app launched five years ago.

Additionally, Venmo hopes it can overload its social feeds, where people post their transfers to friends, also allowing them to share transactions with retailers. By default, these retail transactions will be private and users can then decide whether they want to share them publicly.

“We believe that social commerce is suitable for all age groups and we want to offer it to everyone,” Ben Mills, Venmo product manager, said in an interview.

The change can also help eliminate some of the boredom of mobile shopping, where many potential buyers abandon their carts because it is too tedious and irritating to enter billing and shipping information on small screens.

“We think e-commerce is a great way to start,” Mills said of Venmo’s latest expansion, adding that the service would continue to work on its original vision of enabling people to use it anywhere, such as in. The stores.

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Why the city chose Philly Fighting COVID to administer the vaccine https://aaimonaco.org/why-the-city-chose-philly-fighting-covid-to-administer-the-vaccine/ https://aaimonaco.org/why-the-city-chose-philly-fighting-covid-to-administer-the-vaccine/#respond Thu, 17 Jun 2021 06:44:17 +0000 https://aaimonaco.org/why-the-city-chose-philly-fighting-covid-to-administer-the-vaccine/ Health facilities have offered to help. The city refused them. When the Convention Center clinic launched on January 8, Philly Fighting COVID received praise for stepping up at a critical time. But the decision to allow a 9-month-old organization to run a mass vaccination program mystified people in the region’s robust medical sector from the […]]]>

Health facilities have offered to help. The city refused them.

When the Convention Center clinic launched on January 8, Philly Fighting COVID received praise for stepping up at a critical time. But the decision to allow a 9-month-old organization to run a mass vaccination program mystified people in the region’s robust medical sector from the start.

Dr Ala Stanford of the Black Doctors COVID-19 Consortium, whose volunteers have been traveling to neighborhoods for months to test communities most affected by the pandemic, said she was preparing for a program to roll out. vaccination on February 1.

“I don’t know why they went to [PFC]Stanford said. “We could have done what they did. We would have been the logical choice to ask. Haven’t we proven ourselves?”

Since then, his group has also received vaccines.

Health Commissioner Farley admitted this week that he assumed the city’s major medical institutions would be too busy vaccinating their own staff and dealing with the surge in COVID patients to be able to help at the community level.

When in a hurry, Farley admitted he never asked for the help of hospitals.

The Ministry of Health then clarified that during a routine call on December 22 with hospital chief doctors, emergency preparedness and vaccine management staff on site, a member of the Ministry of Health staff asked if hospitals would be prepared to immunize populations beyond their own staff. Many health systems have expressed their openness to supporting vaccinations of other populations after their staff have also been vaccinated. Farley was not on this call.

Some health systems have offered to help them in precisely this type of effort.

“Penn Medicine stands ready to support the Philadelphia Department of Public Health in all community-based immunization efforts for healthcare workers and others outside of the Penn Medicine system,” said Chief Medical Officer of Penn Medicine, PJ Brennan, to City Council in November.

Tony Reed, chief medical officer at Temple University Hospital, said that at first, community vaccinations could have been a big push, but as peaks in coronavirus cases have subsided in recent weeks, Temple was happy to help.

“We all said, ‘Tom, I think we’re at a point now where we have the capacity to do more and more,” “Reed recalled at one of the weekly meetings that the heads of the system health have with the commissioner. “I was running around 300 [vaccines] per day I can do about 600 to 1000 per day.

Medical Info “Flying in General Space” under I-95

After the city severed ties with Philly Fighting COVID this week, Commissioner Farley claimed there had been no warning signs regarding Doroshin or the organization. He has repeatedly said that a successful first weekend of mass vaccinations has proven the group can deliver on its promise.

But even he knew about the first missteps.

This first trial at the Convention Center aimed to vaccinate home health workers, with the goal of reducing the city’s widely disparate immunization rates for blacks in Philadelphia. But PFC has lost all of its racial and ethnic data for patients, according to a Jan. 14 letter from Farley to the office of Council Chairman Darrell Clarke which was obtained by WHYY.

An issue in the Amazon Cloud, Farley said in the letter, meant there had been no racial or ethnic breakdown of the people Philly Fighting COVID had vaccinated over the weekend.

Flamholz, the former PFC nurse, said she was often one of the only people with clinical experience at the start-up’s Fishtown test site, while designated supervisors were absent, distracted or, sometimes asleep.

And no one seemed too concerned about patient privacy. Flamholz said there was no shredder on site, as is the norm for a medical operation. It was not uncommon for identification documents to go straight into the Fillmore dumpster – or in some cases, fly off.

“It was just the personal information of someone flying in the general space which is the [I-95] underground passage, ”she said.

Flamholz was tasked with creating a training protocol for flu shots, but after repeatedly asking for details about where the injections were coming from and who would be allowed to give them, she ultimately quit.

She and many others have also said they are chasing their paychecks and stalking PFC executives for billable hours. Doroshin, meanwhile, seemed use your personal Venmo account to make official PFC payments, interspersed with crass sex jokes. Organization submitted illegitimate invoices for its city-funded tests, Philadelphia Magazine reported.

Still, the city found itself in need of vaccinating healthcare workers outside of hospitals earlier than expected – and Philly Fighting COVID was there, with its colorful maps and fancy patterns, ready to go.

Even Doroshin was surprised to be bugged so early. He told his staff in October that he did not expect to start vaccination until phase 2. Some of the city’s closest partners were surprised by the city’s non-contractual agreement to provide vaccines. to the young group.

“I didn’t know this was happening,” said Stanford, of the Black Doctors COVID-19 Consortium, which sits on the city’s vaccine advisory committee, as does Doroshin.

“Usually anything COVID in the city of Philadelphia, I know.”

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How Venmo Makes Money | Nasdaq https://aaimonaco.org/how-venmo-makes-money-nasdaq/ https://aaimonaco.org/how-venmo-makes-money-nasdaq/#respond Thu, 17 Jun 2021 06:44:17 +0000 https://aaimonaco.org/how-venmo-makes-money-nasdaq/ How Venmo Makes Money |  NasdaqPay Pal (NASDAQ: PYPL) included an interesting piece of information in its fourth quarter earnings update. Venmo, its peer-to-peer payment app, ended 2018 with revenue of $ 200 million. Monetizing Venmo has been a big challenge for PayPal, especially since Square (NYSE: SQ) has shown excellent progress in finding ways to monetize your Cash application […]]]> How Venmo Makes Money |  Nasdaq

Pay Pal (NASDAQ: PYPL) included an interesting piece of information in its fourth quarter earnings update. Venmo, its peer-to-peer payment app, ended 2018 with revenue of $ 200 million.

Monetizing Venmo has been a big challenge for PayPal, especially since Square (NYSE: SQ) has shown excellent progress in finding ways to monetize your Cash application . PayPal has largely taken to copy some of the same monetization efforts as Square, including instant withdrawals to bank accounts and the development of an account-linked prepaid debit card. PayPal has also made strides in attracting merchants to its Pay with Venmo feature, which works just like PayPal’s core functionality.

Here’s how Venmo’s $ 200 million revenue rate breaks down by product, and a look at how that might change going forward.

Image source: Venmo.

Diversify your sources of income

In October, PayPal management told investors it processed $ 1 billion in instant transfers from Venmo in September. Back then, Venmo only charged $ 0.25 per transfer, regardless of the amount. He increased that to 1% with a low of $ 0.25 in October.

If PayPal has maintained this volume following the price increase, that suggests around $ 120 million in annual revenue from instant transfers to Venmo.

Management says the split between instant transfer income and commerce-related features – the Venmo card and Pay with Venmo – is around 50-50, not 60-40 as its previous disclosure suggested. Perhaps the rate change hampered the growth of instant transfers, perhaps even costing it volume. Either way, the management commentary suggests that commerce-related features are driving revenue growth for Venmo.

Management also said the separation between the Venmo card and Pay with Venmo is about equal with a slight edge on the card. Both products rely on a small percentage of each payment made through their respective mechanisms.

So the current income distribution looks like this:

Data source: Approximate based on feedback from PayPal management. Chart by author.

Where will growth come from?

Ultimately, PayPal management sees a lot more promise in its basic online payment platform than in facilitating fast money transfers or payments with a linked debit card. “I would expect all three of you to think in order – [instant transfers] being the largest, the card being the second largest, then Pay with Venmo being the third – ultimately that would be completely reversed, ”CFO John Rainey said on the conference call after fourth quarter results from PayPal.

PayPal is not reinventing the wheel with Venmo. The core monetization strategy will continue to facilitate online payments. This means that much of Venmo’s growth will come at the expense of PayPal’s growth.

This is a sacrifice that management is prepared to make . Since users are more likely to keep a balance in their venmo info site accounts, the cost of processing payments through Venmo is significantly lower than most PayPal transactions. Venmo is also not limited by PayPal’s recent agreements with banks and credit card companies.

By focusing on online payment processing, Venmo is also moving monetization efforts away from areas where it competes more directly with Square. Square has the ambition to make Cash App a complete banking replacement, which means things like the Cash Card could become more valuable to consumers compared to the Venmo Card.

PayPal has no plans to expand its Venmo monetization efforts beyond the three products it is currently working to evolve. “We have a lot of work to do to continue to grow as we are with these new areas and we don’t want to be distracted by additional functionality,” said Rainey. This leaves the door open for Square to compete and innovate, but should help PayPal focus on what it’s good at.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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PayPal and Coinbase aim to bridge crypto ‘divide’ https://aaimonaco.org/paypal-and-coinbase-aim-to-bridge-crypto-divide/ https://aaimonaco.org/paypal-and-coinbase-aim-to-bridge-crypto-divide/#respond Thu, 17 Jun 2021 06:44:17 +0000 https://aaimonaco.org/paypal-and-coinbase-aim-to-bridge-crypto-divide/ Share Tweeter Share Share Share E-mail With the goal of making digital currencies more widely available and adopted by consumers, maybe… make them easier to buy. To this end, Pay Pal users can link their wallets to Coinbase, the newly listed exchange, so they can buy cryptocurrencies, including bitcoin (among others). The ad appears to […]]]>

With the goal of making digital currencies more widely available and adopted by consumers, maybe… make them easier to buy. To this end, Pay Pal users can link their wallets to Coinbase, the newly listed exchange, so they can buy cryptocurrencies, including bitcoin (among others).

The ad appears to speak of a trading and currency truism – you can’t spend what you don’t have. So, linking what you might call a ubiquitous account (that would be PayPal) to an exchange with scale (that would be Coinbase) gives users a bit of momentum to pull the trigger on transactions they might have come from. to think before. It bridges the gap between watching the crypto whirlwind and getting fully involved.

The news follows the announcement Earlier this month, PayPal’s peer-to-peer (P2P) payment app Venmo now offers its estimated 77 million users their own direct ramp into the cryptocurrency arena. Users can buy, sell or hold digital currency from the app, covering bitcoin, Ethereum, Litecoin, and Bitcoin Cash. Its Checkout with Crypto tool allows users to convert their digital currency to fiat to transact with its 29 million global merchants. PayPal said no fees would be taken at checkout.

Add a payment method

In terms of mechanics, the PayPal / Coinbase partnership eliminates at least some of the steps involved in purchasing these digital coins, where debit cards or traditional bank accounts had been the conduit to make purchases (although these options, via ACH or bank transfers, or funds in the Coinbase USD wallet, are still on sale).

In order to fund crypto purchases with PayPal on the exchange, users select the crypto they want, select “add payment method” to choose PayPal, then follow the prompts to go through multi-factor authentication and add accounts linked to the PayPal account. .

In the blog post announcing details of joint efforts between PayPal and Coinbase, Eddie Lo, product manager at Coinbase, said there are purchase limits of $ 25,000 per day with the PayPal account, which would mean purchasing bitcoin would take a little over two days.

The move follows PayPal’s announcement late last year that users could start buying bitcoin, Bitcoin Cash, and Litecoin. For PayPal transactions linked to Coinbase, as indicated on the Coinbase website, the effective conversion fee is 3.99 percent.

Separately, like reported by Bloomberg, in further evidence of cryptos’ willingness to mainstream and integrate into at least some part of daily financial activities and interactions, Social Finance has started allowing its customers to redeem earned rewards through the app of the company. These rewards can be redeemed for bitcoin or Ethereum, using the 2% cash back to be deployed in these cryptos.

Wallets, exchanges, rewards … little by little, could we evolve towards the critical mass of cryptos?

Learn more about cryptography:

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