Tag Archives: credit card

Credit Card Debt: Younger People Borrow More Heavily and Repay More Slowly, Study Finds

COLUMBUS, Ohio – Younger Americans not only take on relatively more credit card debt than their elders, but they are also paying it off at a slower rate, according to a first-of-its-kind study.

The findings suggest that younger generations may continue to add credit card debt into their 70s, and die still owing money on their cards.

“If what we found continues to hold true, we may have more elderly people with substantial financial problems in the future,” said Lucia Dunn, co-author of the study and professor of economics at Ohio State University. (more…)

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‘Documents that Changed the World’: A podcast series from Joe Janes

The phrase occurred to Joe Janes out of the blue one day and immediately appealed to him. From there, ideas began to flow quickly.

Janes, associate professor in the University of Washington Information School, had been a fan of the British Broadcasting Corp. radio series “A History of the World in 100 Objects” and thought those shows effectively blended history and storytelling.

He got to wondering, what if he took a similar approach to information, telling about the twists and turns of history — through documents? (more…)

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How to Find the Right Business Credit Card

Even in a volatile economy, business can still flourish with the right attitude and the proper financial discipline. Liquidity and cash flow is essential to the continued operations of a business in the short term and in the long-term. With many of the traditional financing options unavailable to small businesses, the only course of action for many business owners is to find the right business credit card.

The right business credit card can provide a business owner with liquidity in emergency situations. It can also be a lifesaver in that the business owner will not have to wait on any bureaucracy or paperwork in order to get the money that he or she needs to fix a short-term situation. (more…)

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Microprocessors From Pencil Lead

UA physicists are making discoveries that may advance electronic circuit technology.

Graphite, more commonly known as pencil lead, could become the next big thing in the quest for smaller and less power-hungry electronics.

Resembling chicken wire on a nano scale, graphene – single sheets of graphite – is only one atom thick, making it the world’s thinnest material. Two million graphene sheets stacked up would not be as thick as a credit card. (more…)

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Amazon Web Services Achieves Level 1 Payment Card Industry (PCI) Compliance

*Merchants, enterprises, and service providers can now implement a cardholder environment on AWS that complies with PCI Data Security Standard*

SEATTLE, Dec 07, 2010 (BUSINESS WIRE) — Amazon Web Services LLC (AWS), a subsidiary of Amazon.com, Inc., today announced it has achieved Level 1 compliance with the Payment Card Industry (PCI) Data Security Standard (DSS). Merchants and other service providers can now run their applications on AWS PCI-compliant technology infrastructure to store, process and transmit credit card information in the cloud. Customers can use AWS cloud infrastructure, which has been validated at the highest level (Level 1) of PCI compliance, to build their cardholder environment and achieve PCI certification for their applications. To learn more about AWS security certifications and other AWS security practices, visit https://aws.amazon.com/security/. (more…)

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