#Electronic Security Market

[emaanderson]

Electronic Security Market Key Players, Deployment Type, Applications, Vertical, and Region

Research Nester assesses the growth of global electronic security market which is anticipated to be grow on account of the worldwide rising crime incidences and growing adoption of video surveillance systems.

New York – October 18, 2022 - Research Nester’s recent market research analysis on “Electronic Security Market: Global Demand Analysis & Opportunity Outlook 2033” delivers a detailed competitors analysis and a detailed overview of the global electronic security market in terms of market segmentation by product type, deployment mode, connectivity, application, end-user, and by region.

Growing Concern for Safety and Security to Drive Growth of Global Electronic Security Market

The global electronic security market is estimated to grow majorly on account of the significantly increasing cognizance in people regarding the augmenting numbers of crime, terrorist attacks, and theft cases across the globe. These crime stances are so risky as they have higher chances of death threat too. Such factor is potentially fueling up the massive growth in the installation of security systems. For instance, by the end of 2019, approximately 773 million security cameras had been installed globally.

The market research report also includes other growth factors and challenges that are associated with the growth of the global electronic security market. Some of the major growth indicators are:

Growth Drivers:

Surging Count of Terrorist Attacks

Potentially Growing Larceny Theft Cases

Challenges:

Extreme price interconnected with electronic security systems, and lack of technical skills to use these systems are some of the major factors anticipated to hamper the growth of the global electronic security market. Despite of the numerous restraint factors associated with the growth of the market, Research Nester’s analysis indicates a robust growth for the market during the forecast period.

The market research report on global electronic security encompasses an in-depth analysis of the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends. These analyses help organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future. Additionally, the growth opportunities exposed by the market is poised to gain significant momentum in the next few years.

By product type, the global electronic security market is segmented into intrusion alarm systems, video surveillance systems, fire alarm, access control systems, IP & analog CCTV, hybrid video recorder, and others. The video surveillance systems segment is to garner a highest revenue by the end of 2033 by growing at a significant CAGR over the forecast period owing to the worldwide increasing adoption of surveillance systems.

By region, the North America electronic security market is to generate the highest revenue by the end of 2033. This growth is anticipated by higher increase in smart cities, and continuously increasing count of retail outlets.

The research is global in nature and covers detailed analysis on the electronic security market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising of global electronic security market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.

This report also provides the existing competitive scenario of some of the key players of the global electronic security market which includes company profiling of Hanwha TechwinCo., Ltd., Allegion plc., ASSA ABLOY, Honeywell International Inc., A2 Systems, LLC., Axis Communications AB, ADT LLC, ALL-TAG Corporation, Anixter, Inc., Hangzhou Hikvision Digital Technology Co., Ltd., The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global electronic security market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.     

About Us

Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision in order to avoid future uncertainties.

Contact for more Info:

AJ Daniel

Email: info@researchnester.com

U.S. Phone: +1 646 586 9123

U.K. Phone: +44 203 608 5919

[stone-cold-groove]

NASDAQ: The electronic stock market - 1972.

[xerxeslimitedireland]

Unlock your business's potential with Xerxes! Our cutting-edge IT solutions are designed to transform the way you work—streamlining operations, enhancing security, and driving productivity to new heights. Let our IT magic work for you, and see how effortless growth and innovation can be!

[mohitbisresearch]

Defense Electronics Obsolescence market is valued at $2.88 Billion in 2024 and is expected to grow at a CAGR of 7.83% to reach $6.12 Billion by 2034.

[oliviadlima]

Ethernet Switch Market to hit $26.1 billion by 2031

The ethernet switch market was valued at $17.2 billion in 2021, and is estimated to reach $26.1 billion by 2031, growing at a CAGR of 4.4% from 2022 to 2031.

Read More: https://www.alliedmarketresearch.com/ethernet-switch-market-A07364

[gallusrostromegalus]

The Van Has Officially Declared It Spooky Season

---

I've got my parent's van for the week and it seems determined to establish my status as The Local Cryptid by terrorizing an innocent 7-11 clerk.

...I might need to back up a bit.

My mother is an eminently sensible woman who knows herself well, and when The Plauge hit, she knew she'd need some sort of mentally and physically engaging craft project to keep herself from going insane and massacring the local zoning and water management boards (even if they have it coming). So she and Dad acquired a utility van and converted it into a camper van because while they love camping, they're past the age where their joints and immune systems will tolerate sleeping on the cold ground in a nylon tent.

They did a terrific job of it and my mom taught herself woodworking and carpentry and now the van has it's own cabinets, fold-away dining table, and removable queen-sized bed with memory foam mattress. My Dad was already a computer engineer, but he learned the dark magics of automotive software and electronics to install after-market backup cameras, a media player that would take a terabyte hard drive and a solar-powered battery and outlet so they could wake up and just turn on the kettle and griddle for breakfast without having to exit the van into a cold morning on an empty stomach.

Truly, the height of Camping Luxury.

My parents are both in their mid-seventies and my primary life goal is to be at least half as cool and hale as they are when I get old.

Anyway, they take it out at least a dozen times a year and it works fabulously, but, being as I am on good terms with my parents and also finishing the process of moving house, I've been borrowing it to move large and cumbersome objects that will not fit in the back of my equally lovely but minuscule Honda hatchback.

It's a Great Van. Very easy and comfortable to drive. Stunningly good MPG for it's size. The best cruise control I've ever had in a car.

It's just also. Quirky. Mischievous, even.

---

If this van has a fault its that it bears the unfortunate affliction that all lightly used white utility vans have in that the combination of an utter lack of branding features and the large dent/scrape I accidentally put on it while trying to escape a Denny's last Thanksgiving means that this vehicle is one addition of a Badly Spray-Painted "FREE CANDY" on the side away from being the sort of vehicle you see in an edgy horror movie.

It's got the same issue that Doberman Dogs have where they look like the sort of creature that likes to snack on toddler's faces whilst actually having personalities made of marshmallow fluff. This vehicle is unnecessarily menacing and I think nothing short of an airbrushed Epic Van Wizard will correct this. People see this van pull up and lean over and squint suspiciously at me when the driver's side door opens, and then look moderately confused when, instead of Charles Manson, a small, potato-shaped creature with neon purple hair and a statistically unlikely assortment of dogs emerges.

My own two dogs, Herschel the Hanukkah Goblin/Corgi and Charleston Chew The Taco Dumpster Dog, Do Not Like The Van. Even with the bed in it, they have a tendency to slide and roll around in the back, and both WILL chew through dog saftey belts or other attempts to secure them in there.

On the other hand, my house mate's dog, an exceptionally tall standard poodle whom we lovingly call "The Creature", loves the Van because SHE wears her doggy seat-belt with only mild complaining and gets to sit up in the passenger seat like A People.

Also like A People, The Creature likes to stand and walk around on her hind legs. It doesn't hurt her and it's entirely voluntary, but every so often I will feel a hand on my arm and instead of my husband or friend, it's a canine that's taller than I am on her hind legs who wants to stare at my face with soulful, concerned eyes. The Creature's favorite thing is that she is exactly the right height for me to hold her arm in Genteel Fashion and walk around the pet food or hardware store with her like I'm a count escorting a debutante around a royal ball.

---

As it stands, I am set to inherit this vehicle whenever my Honda gives up the ghost, and I fully intend to paint an Epic Van Wizard on it when that time comes.

The other peculiarity of The Van is that while Dad did manage to successfully install all his after-market electronics, not all the electronics get along. Sometimes, they fight for Dominance. The Terabyte Music Player and the Backup Camera have a particularly contentious relationship, and turning on the music has about a 25% chance of turning on the backup camera as well, and turning on the Backup Camera is equally likely to turn on the music.

Firthermore, The Van has a favorite song.

I am not kidding that Dad filled an entire terabyte hard drive with music and the software to sort it via the radio controls, but of all the Early Boomer Dad Rock (Kingston Trio over The Eagles) and Irish Folk and Symphonies and the entire discography of Weird Al Yankovic, The Van's favorite song- The one it picks to play as victory music every time it beats the Backup Camera at their weird electronic game of rock-paper-scissors -is The Liberty Bell March by John Phillip Sousa.

You all know this song already.

...but in case you've forgotten the tune:

Yeah.

The Van's favorite song is the goddamn Monty Python's Flying Circus Theme Music.

It does not play this song at a normal volume.

Every time I turn on the Backup Camera and it manages to turn the music player on as well, The Van insists on absolutely blasting this nonsense on at the maximum volume it's physically capable of producing, which I know is loud enough to be heard from the Denver International Airport's Pickup zone when they Van decided to start playing it from the economy lot about half a mile away.

Perhaps it's The Van's way of honoring the aesthetic sensibilities and sonic enthusiasm of Mr. Sousa.

...I can't help but wonder if the purpose of an Epic Van Wizard is to control this sort of faerie-like malarkey, and channel these chaotic energies into things like Spell of Don't Break Down In Nevada or Enchantment Of Always Have Good Parking.

---

So last Friday the 13th, I get a call from my friend and housemate, at said airport.

It's roughly 11PM at night, and I have already retired for the evening. I am in the exact minimum of clothing required to be a decent housemate and not scandalize the neighbors should I happen to walk by a window. My feet are up. There is a cat in my lap and fictional British people murdering each other in highly inventive fashion on the tv. -But my friend has returned from her friend's wedding,and either American or United Airlines has managed to lose her luggage, including, among other valuable possessions, the keys to her car. ...So she cannot just drive home as originally planned.

There are, as luck would have it, her spare set of keys not eight feet from me.

Being a good and decent person, I agree to bring the spare keys to her so she may get home before daybreak and not spend a semester's worth of tuition on an uber across the greater Denver traffic jam.

Being also that she Loves Activities, and it's her mom we're going to pick up, I elect to take along The Creature.

I am primarily focused on remembering how to get to the airport and not leaving my friend's spare keys on the counter, so I throw on a pair of flip-flops, step outside, remember that it's AUTUMN and my minimal evening attire is not sufficient thermal protection, step back in, grab the first coat in the closet I lay hands on, pull it on, check that I have her keys again and leave.

The trip to the airport is largely unremarkable, save that it becomes necessary for me to put on sunglasses to drive, despite it being nearly the witching hour and almost entirely darker than the inside of a cow.

It's necessary because this blissful darkness of night is violently punctured by a startling number of cars that seem to have installed miniaturized but no less powerful lighthouse bulbs in where their headlights ought to go so the oncoming traffic and sports cars that insist on tailgating me in the slow lane alike illuminate the road and my mirrors with the kind of radiance I'd normally associate with the arrival of a Seraphim.

I arrive at the distant highly discounted airport car lot where my housemate is waiting, deeply apologetic. It's nothing. I say. Once I see that your car starts up, I'm gonna go to that 7-11 across the way that I parked in front of, get a slurpee or something and I'll see you at home.

While she is retrieving her vehicle (an equally eccentric but much more stately Subaru that is old enough to be elected to congress) I rifle through the loose change in the glove box and discover that I have exactly $6.66 in small bills and coins. The Subaru, continuing it's long voyage into vehicular immortality, immediately starts up.

Upon her return, we all remember that my friend had all her camping gear in the backseat of the car and there is no room for The Creature to ride home with her parent, so I again assure her it's nothing, and will just take The Creature into the 7-11 with me. She is trained as a service animal and needs the practice after the plague.

I wave my friend off and turn to enter the 7-11.

I promptly trip over the jutting back bumper of The Van and fall, cartoonishly, face-first onto the sidewalk.

Fortunately, I have a lot of practice falling on my face, and have learned not to throw my hands out but instead cover my face, so my unexpected self-inflicted attempted curb-stomping lightly scrapes my hairline and nothing else -my sunglasses even stay in place- and I get up and resume my quest for a slurpee.

It's well known that the airport is a lawless place, and the 7-11 across from the discounted airport parking at the stroke of midnight is no exception.

I know it's the stroke of Midnight because there's one of those Audubon society bird-call clocks that makes bird noises, and my arrival is heralded by the twittering call of a Summer Tanager. I am almost charmed enough by the unusual choice of chronological device to excuse the exorbitant Airport-adjacent mark-up of Slurpee prices. I stand at the machine for some time, trying to decide on a size for the price and guess what the fuck "Blue Lighting Blast" is supposed to taste like.

The Creature is being Very Polite but is somewhat agitated, I assume because she *just* saw her mother for the first time in three days and then she LEFT with no explanation, so The Creature is on her hind legs, staring woefully into my eyes, asking to be escorted around the 7-11. Even though that's not what she's not supposed to be doing, there's nobody else in here, so I let her hang off my arm and discuss various Slurpee Flavor options with her.

We eventually decide on an experiment in which I try a Small Blue Lightning Blast, and discover it tastes a bit like licking a nintendo cartridge but in a pleasantly satisfying way.

I go up to pay and realize something is amiss.

The Cashier is a young man staring at me with wide eyes, one had over the register and the other wrapped up in his rosary.

I look down at myself.

In my haste to reunite my friend with her spare keys and service animal, I had left the house in the following accoutrements:

Flip Flops. Not matching. It's below freezing outside. That last part is not particularly odd footwear for the weather in for Colorado, but it's an important detail for the rest of the ensemble.

Assorted scrapes, bruises, cuts and welts on my arms and legs that come with doing outdoor work and living in a house with three dogs and a fully-clawed cat that all want to be in my lap all the time. It's cold out, so vasoconstriction has pulled the blood away from my skin, a trait that served my ancestors well during the last Ice Age, but leaves me with pale skin to contrast the various wounds and I look like a corpse that fell out of the back of a pickup truck.

The black Bootyshorts with "CRYPTID" painted in bright red gothic font across my ass, that @theshitpostcalligrapher gave me for my wedding present.

A peculiar but extremely comfortable garment that straddles the line between "Lacy Camisole" and "Industrial-Strength Sports Bra" like the Ever Given straddling the Suez Canal. It is also Bright Red. with black accents.

The Jacket I had grabbed out of the closet, which is in fact, a black Velour Dinner Jacket.

The Tokyo-Ghoul inspired reusable anti-covid mask a friend made me with the set of Coyote Teeth.

My sunglasses, which are shaped like a Halloween Bat. The lenses are the wings and the body is the nose bridge. It is ALSO bright red.

A Very Large and remarkably Humanoid Poodle that I have been audibly affectionately calling "Dear Creature" who is hanging off my arm like she's my Prom Date.

The Very Large and remarkably Humanoid Poodle is ALSO dressed up in a black Dog Sweater that has white bones printed on it to look like its an X-ray jacket showing off her skeleton.

I look like I am taking my Very Fancy Werewolf Girlfriend to a particularly casual Dinner Party for Vampires, but the thing that's really selling it and probably alarming the kid the most is the fun accessory I acquired in the parking lot not five minutes earlier:

The "Small Scrape At my Hairline" is actually a painless but PROFUSELY bleeding head wound that I had somehow entirely failed to notice covering my face, neck, decolletage and magnificent cleavage with blood like a Tarantino Film Extra.

This does explain why The Creature has been delicately trying to use her bodyweight to push me down onto the floor for the last ten minutes. So I don't injure myself while we wait for the paramedics she hoped this kid called to arrive, you see.

The Creature has such a High and Naive Opinion of humanity.

I decide this social situation is already fucked, and the only way out is through, and with haste, before I start dripping on the floor.

"Hi there!" I say cheerfully, to indicate this is a visually alarming but not terribly serious situation. "Just a Small Slurpee!"

The Cashier has entered the relevant code into the register before I finish the sentence. His gaze flicks off me just long enough to look at the total, and he grips his Rosary harder.

$6.66

"Oh cool! I have exact change!" I say, taking the money out of my as-yet-unsanguined pocket without looking and slap it down on the counter. "You have a good night and be safe out there!" I wave, leaving.

I get in The Van, mortified, buckle The Creature up, and as I make to leave, I have to put it in reverse, which automatically turns on the backup Camera.

It also turns on the music player.

I make eye contact with the cashier as the dulcet tones of John Phillip Sousa boom from the van hard enough to make the windshield and the windows of the 7-11 rattle for the nine-and-a-half seconds I have to wait to be able to turn the volume back down. Not knowing what else to to, I give him a thumbs up, and leave.

Anyway, now I know what my Future Van Wizard has got to be dressed like, and what their familiar is.

---

If you enjoyed this story, please consider donating to my Ko-Fi or Pre-ordering my Family Lore Funny Stories book on Patreon

[abuhamdasblog]

I’m Mai, 28 years old, from Gaza. We are a family of 7. I used to work in electronic marketing and telemarketing, and our life was stable. However, two weeks before the war, my mother underwent heart surgery and had a heart device implanted due to her poor health. She needed complete rest and special care after the surgery, but she couldn’t recover fully before the war started.

On 13 October , the Israeli army ordered us to move from the north to the south, to what they called a “safe area.” We faced many difficulties in transportation and eventually relocated to Deir al-Balah. Later, we received the devastating news that our house had been destroyed, leaving us homeless.

Shortly after, my brother was injured in the street near a mosque that was targeted in Deir al-Balah. His hand was severely injured, with arteries and veins torn, requiring 80 internal and external stitches. He now needs physical therapy and treatment to regain the full use of his hand.

After a year of suffering, displacement, and fleeing the horrors of war and the harsh living conditions, we need your help for:

• Hope in a new beginning and recovery from the devastation of war.

• Providing necessary treatment for my mother and brother.

• Rebuilding our home and finding a suitable shelter.

• Continuing our lives and dreams that we once had before the war.

Any help brings us closer to restoring our lives 💔.

My campaign vetted by:

@90-ghost

@bilal-salah0

@gaza-evacuation-funds

#HelpGaza #GazaUnderAttack #RebuildHope #WarSurvivors #HumanitarianAid #SupportFamilies #HealingFromWar #StandWithGaza #SaveGaza #HopeForPeace

@nabulsi @sar-soor @sayruq @queerstudiesnatural @appsa @neptunerings @appsa @akajustmerry @feluka-blog-blog @annoyingloudmicrowavecultist @tortiefrancis @flower-tea-fairies @tsaricides @riding-with-the-wild-hunt @vivisection-gf @belleandsaintsebastian @ear-motif @animentality @kordeliiius @brutaliakhoa @raelyn-dreams @troythecatfish @the-bastard-king @tamaytka @northgazaupdates2 @skatehan @awetistic-things @nightowlssleep @baby-girl-aaron-dessner @friendshapedplant @mangocheesecakes @commissions4aid-international @rwuffles @mogai-sunflowers

[optiblog]

OPTİVİSER - GOLD

Welcome to Optiviser.com, your ultimate guide to navigating the complex world of electronics in 2024. As technology continues to evolve at a rapid pace, finding the right devices that suit your needs can be overwhelming. In this blog post, we’ll harness the power of AI to help you make informed choices with our comprehensive electronics comparison. We’ll take a closer look at the top smart home devices that are revolutionizing how we live and work, providing convenience and efficiency like never before. Additionally, we’ll offer expert laptop recommendations tailored to various lifestyles and budgets, ensuring you find the perfect match for your daily tasks. 

AI-powered Electronics Comparison

In today's fast-paced technological landscape, making informed choices about electronics can be overwhelming. An AI-powered Electronics Comparison tool can help streamline this process by providing insights that cater to specific user needs. These advanced tools utilize algorithms that analyze product features, specifications, and user reviews, resulting in a tailored recommendation for buyers.

As we delve into the world of consumer technology, it's important to highlight the Top Smart Home Devices 2024. From smart thermostats to security cameras, these devices are becoming essential for modern households. They not only enhance convenience but also significantly improve energy efficiency and home safety.

For those looking for a new computer to enhance productivity or gaming experiences, consider checking out the latest Laptop Recommendations. Many platforms, including Optiviser.com, provide comprehensive comparisons and insights that can help consumers choose the best laptop suited to their needs, whether it’s for work, study, or leisure.

Top Smart Home Devices 2024

As we move into 2024, the landscape of home automation is evolving rapidly, showcasing an array of innovative gadgets designed to enhance comfort and convenience. In this era of AI-powered Electronics Comparison, selecting the right devices can be overwhelming, but we've highlighted some of the best Top Smart Home Devices 2024 that stand out for their functionality and user experience.

One of the most impressive innovations for this year is the latest AI-powered home assistant. These devices not only respond to voice commands but also learn your preferences over time, allowing them to offer personalized suggestions and perform tasks proactively. Imagine a device that can monitor your schedule and automatically adjust your home's temperature and lighting accordingly!

Moreover, security remains a top priority in smart homes. The Top Smart Home Devices 2024 include state-of-the-art security cameras and smart locks that provide robust protection while ensuring ease of access. With features like remote monitoring through your smartphone or integration with smart doorbells, keeping your home safe has never been easier. For more details on the comparisons and recommendations of these devices, you can check out Optiviser.com.

Laptop Recommendation

In today's fast-paced world, choosing the right laptop can be a daunting task. With numerous options available in the market, it's essential to consider various factors such as performance, portability, and price. At Optiviser.com, we provide an insightful guide to help you navigate through the vast array of choices. To streamline your decision-making process, we have developed an AI-powered Electronics Comparison tool that allows you to compare specifications and features of different laptops side by side.

This year, we have seen a surge in innovative laptops that cater to diverse needs. Whether for gaming, business, or everyday use, our top recommendations include models that excel in battery life, processing power, and display quality. For instance, consider the latest models from top brands, which have integrated the best features of Top Smart Home Devices 2024 trends, ensuring seamless connectivity and advanced functionalities.

Additionally, if you're looking for a laptop that can handle multitasking effortlessly, we suggest models equipped with the latest processors and ample RAM. Our detailed Laptop Recommendation section on Optiviser.com includes expert reviews and user feedback to help you choose a laptop that not only fits your budget but also meets your specific requirements.

[mostlysignssomeportents]

Fintech bullies stole your kid’s lunch money

I'm coming to DEFCON! On Aug 9, I'm emceeing the EFF POKER TOURNAMENT (noon at the Horseshoe Poker Room), and appearing on the BRICKED AND ABANDONED panel (5PM, LVCC - L1 - HW1–11–01). On Aug 10, I'm giving a keynote called "DISENSHITTIFY OR DIE! How hackers can seize the means of computation and build a new, good internet that is hardened against our asshole bosses' insatiable horniness for enshittification" (noon, LVCC - L1 - HW1–11–01).

Three companies control the market for school lunch payments. They take as much as 60 cents out of every dollar poor kids' parents put into the system to the tune of $100m/year. They're literally stealing poor kids' lunch money.

In its latest report, the Consumer Finance Protection Bureau describes this scam in eye-watering, blood-boiling detail:

https://files.consumerfinance.gov/f/documents/cfpb_costs-of-electronic-payment-in-k-12-schools-issue-spotlight_2024-07.pdf

The report samples 16.7m K-12 students in 25k schools. It finds that schools are racing to go cashless, with 87% contracting with payment processors to handle cafeteria transactions. Three processors dominate the sector: Myschoolbucks, Schoolcafé, and Linq Connect.

These aren't credit card processors (most students don't have credit cards). Instead, they let kids set up an account, like a prison commissary account, that their families load up with cash. And, as with prison commissary accounts, every time a loved one adds cash to the account, the processor takes a giant whack out of them with junk fees:

https://pluralistic.net/2024/02/14/minnesota-nice/#shitty-technology-adoption-curve

If you're the parent of a kid who is eligible for a reduced-price lunch (that is, if you are poor), then about 60% of the money you put into your kid's account is gobbled up by these payment processors in service charges.

It's expensive to be poor, and this is no exception. If your kid doesn't qualify for the lunch subsidy, you're only paying about 8% in service charges (which is still triple the rate charged by credit card companies for payment processing).

The disparity is down to how these charges are calculated. The payment processors charge a flat fee for every top-up, and poor families can't afford to minimize these fees by making a single payment at the start of the year or semester. Instead, they pay small sums every payday, meaning they pay the fee twice per month (or even more frequently).

Not only is the sector concentrated into three companies, neither school districts nor parents have any meaningful way to shop around. For school districts, payment processing is usually bundled in with other school services, like student data management and HR data handling. For parents, there's no way to choose a different payment processor – you have to go with the one the school district has chosen.

This is all illegal. The USDA – which provides and regulates – the reduced cost lunch program, bans schools from charging fees to receive its meals. Under USDA regs, schools must allow kids to pay cash, or to top up their accounts with cash at the school, without any fees. The USDA has repeatedly (2014, 2017) published these rules.

Despite this, many schools refuse to handle cash, citing safety and security, and even when schools do accept cash or checks, they often fail to advertise this fact.

The USDA also requires schools to publish the fees charged by processors, but most of the districts in the study violate this requirement. Where schools do publish fees, we see a per-transaction charge of up to $3.25 for an ACH transfer that costs $0.26-0.50, or 4.58% for a debit/credit-card transaction that costs 1.5%. On top of this, many payment processors charge a one-time fee to enroll a student in the program and "convenience fees" to transfer funds between siblings' accounts. They also set maximum fees that make it hard to avoid paying multiple charges through the year.

These are classic junk fees. As Matt Stoller puts it: "'Convenience fees' that aren't convenient and 'service fees' without any service." Another way in which these fit the definition of junk fees: they are calculated at the end of the transaction, and not advertised up front.

Like all junk fee companies, school payment processors make it extremely hard to cancel an automatic recurring payment, and have innumerable hurdles to getting a refund, which takes an age to arrive.

Now, there are many agencies that could have compiled this report (the USDA, for one), and it could just as easily have come from an academic or a journalist. But it didn't – it came from the CFPB, and that matters, because the CFPB has the means, motive and opportunity to do something about this.

The CFPB has emerged as a powerhouse of a regulator, doing things that materially and profoundly benefit average Americans. During the lockdowns, they were the ones who took on scumbag landlords who violated the ban on evictions:

https://pluralistic.net/2021/04/20/euthanize-rentier-enablers/#cfpb

They went after "Earned Wage Access" programs where your boss colludes with payday lenders to trap you in debt at 300% APR:

https://pluralistic.net/2023/05/01/usury/#tech-exceptionalism

They are forcing the banks to let you move your account (along with all your payment history, stored payees, automatic payments, etc) with one click – and they're standing up a site that will analyze your account data and tell you which bank will give you the best deal:

https://pluralistic.net/2023/10/21/let-my-dollars-go/#personal-financial-data-rights

They're going after "buy now, pay later" companies that flout borrower protection rules, making a rogues' gallery of repeat corporate criminals, banning fine-print gotcha clauses, and they're doing it all in the wake of a 7-2 Supreme Court decision that affirmed their power to do so:

https://pluralistic.net/2024/06/10/getting-things-done/#deliverism

The CFPB can – and will – do something to protect America's poorest parents from having $100m of their kids' lunch money stolen by three giant fintech companies. But whether they'll continue to do so under a Kamala Harris administration is an open question. While Harris has repeatedly talked up the ways that Biden's CFPB, the DOJ Antitrust Division, and FTC have gone after corporate abuses, some of her largest donors are demanding that her administration fire the heads of these agencies and crush their agenda:

https://prospect.org/power/2024-07-26-corporate-wishcasting-attack-lina-khan/

Tens of millions of dollars have been donated to Harris' campaign and PACs that support her by billionaires like Reid Hoffman, who says that FTC Chair Lina Khan is "waging war on American business":

https://prospect.org/power/2024-07-26-corporate-wishcasting-attack-lina-khan/

Some of the richest Democrat donors told the Financial Times that their donations were contingent on Harris firing Khan and that they'd been assured this would happen:

https://archive.is/k7tUY

This would be a disaster – for America, and for Harris's election prospects – and one hopes that Harris and her advisors know it. Writing in his "How Things Work" newsletter today, Hamilton Nolan makes the case that labor unions should publicly declare that they support the FTC, the CFPB and the DOJ's antitrust efforts:

https://www.hamiltonnolan.com/p/unions-and-antitrust-are-peanut-butter

Don’t want huge companies and their idiot billionaire bosses to run the world? Break them up, and unionize them. It’s the best program we have.

Perhaps you've heard that antitrust is anti-worker. It's true that antitrust law has been used to attack labor organizing, but that has always been in spite of the letter of the law. Indeed, the legislative history of US antitrust law is Congress repeatedly passing law after law explaining that antitrust "aims at dollars, not men":

https://pluralistic.net/2023/04/14/aiming-at-dollars/#not-men

The Democrats need to be more than The Party of Not Trump. To succeed – as a party and as a force for a future for Americans – they have to be the party that defends us – workers, parents, kids and retirees alike – from corporate predation.

Support me this summer on the Clarion Write-A-Thon and help raise money for the Clarion Science Fiction and Fantasy Writers' Workshop!

If you'd like an essay-formatted version of this post to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

https://pluralistic.net/2024/07/26/taanstafl/#stay-hungry

Image: Cryteria (modified) https://commons.wikimedia.org/wiki/File:HAL9000.svg

CC BY 3.0 https://creativecommons.org/licenses/by/3.0/deed.en

[collapsedsquid]

Getting fake components into the supply chain is easier than you might think. As a manufacturer of hardware, I have to deal with fake components all the time. This is especially true for batteries – most popular consumer electronic devices already have a healthy gray market for replacement batteries. These are batteries that look the same as OEM batteries and fetch an OEM price, but are made with sub-par components. Aside from taking advantage of gray and secondary markets, there are multiple opportunities along the route from the factory to you to tamper with goods – from the customs inspector, to the courier. But you don’t even have to go so far as offering anyone a bribe or being a state-level agency to get tampered batteries into a supply chain. Anyone can buy a bunch of items from Amazon, swap out the batteries, restore the packaging and seals, and return the goods to the warehouse (and yes, there is already a whole industry devoted to copying packaging and security seals for the purpose of warranty fraud). The perpetrator will be long-gone by the time the device is resold. Depending on the objective of the campaign, no further targeting may be necessary – just reports of dozens of devices simultaneously detonating in your home town may be sufficient to achieve a nefarious objective. Note that such a “reverse-logistics injection attack” works even if you on-shore all your factories, and tariff the hell out of everyone else. Any “tourist” with a suitcase is all it takes.

[mohitbisresearch]

The global radiation hardened electronics market was valued at $5,799.2 million in 2023 and is expected to reach $9,773.8 million by 2034, growing at a CAGR of 5.05% during the forecast period 2024-2034.

[seat-safety-switch]

There's a whole lot of towns out there that you'll never visit. Most of them are chock full of people you'll never meet. Tulsa, for example. Never been there, might never go there. And that makes me a little sad.

Sure, I only have enough time on this earth to visit so many towns. And when I'm there, I don't have enough time to interrogate every single one of the locals to see if, say, any of them have a set of Mopar F-body windshield wiper linkages sitting in the back of their garage. They'll just go to waste, damned to irrelevance by my lack of time. That's what the MBAs call a "market inefficiency."

The internet has helped, sure, but you can only demand what other people have supplied. Any quick browse on a model-specific forum is full of lonely folks crying out to the heavens for a specific piece of trim, or an entire automatic transmission, that they will never receive. And it's a lot of work to put that stuff up for sale. Who knows what's actually inside that weird pile of oil-stained gewgaws that Pawpaw left behind before he joined that alien cult and drank all that Flavor-Aid? His surviving next-of-kin sure don't know the difference between a 4.11 and a 3.90 rear end, nor are they willing to teach themselves that information in order to list it on eBay for twenty bucks.

Don't worry, though, I have a solution. That solution is that the Boston Dynamics warehouse is not secured very well. Their robots are powered by a two-stroke lawnmower engine: it's like they wanted me to show up with a turbine-generator-powered plasma cutter and chop right through the rebar holding the walls of their robot storage lockup together. After that, it was a quick couple of dozen trips to the local electronics store to get the right USB-to-serial cable, and I soon had my harem of semi-autonomous Parts-Seeking Drones® roving the backwoods of America.

So, if you see a lanky, creaking doglike shape lurking outside your yard tonight, smelling oddly of pre-mix and human arterial blood, let it in your garage. All it wants to do is scan your spare parts so I can find that goddamn last piece of dash trim for the cruise control lever on my Volare. Don't worry: I won't have the robots kill you if you decide not to sell it to me after all. It would be hypocritical of me to judge another hoarder. We'll have coffee when I come see your town for the first time! We can trade junk and be best friends and call each other on the phone afterward and talk about nitrous oxide. No promises on what the robots will do if they search your entire property and don't find any Plymouth Volare stuff, though. I forgot to program that part before I let them out of radio range.