AssuredCard – Credit & Debt Payment | Financial Solutions Since 1994
"our credit & debt payment solution successfully assisted over 10,000 customers from 1994-1999... we also launched the first Online Payment Gateway in 1999... Maynard L. Dokken"
Our Mission to bring a product to market that would address financial stresses caused by missed payments. To reduce unnecessary increases in interest rates, and preserve viable credit options.
Missed or Delayed
Missed payments can cause unexpected interest or credit adjustments by financial institutions that make it more challenging in your daily financial life because of unexpected costs. AssuredCard can provide a credit line to cover these payments before they cause problems.
Limits or Rates
Banks use interest rates to make money. They also adjust the size of credit or interest rate levels to manage risk. This includes times when you are simply covering unexpected expenses including student loans and medical.
Debt Consolidation
One solution for many is to consolidate debt into a lower interest rate product. Assured Card Corporation provides an account manager to find options and help assess whether covering the payments with an AssuredCard credit line is the best option.
Monthly Needs
Once a plan is created it is time to act. We provide a written plan to track your stress points. Based on your plan and credit activity we can proactively arrange payments that could assist in a better financial future.
Community Support
We provide community support with advice from people that are going through the very same challenges you are with financial pressures and daily life. With access to these mentors you can find solutions never considered and solve issues quickly.
Fees & Credits
The affiliate option is simple. You provide us with a referral and we waive your annual fee for account manager fees. If you go beyond simply covering your $29 annual fee we increase payment limits!
Assured Card Corporation knew to maintain a market in its unique credit product it had to create technology that would provide it reach and efficiency. To do this it created a development team called AssuredCredit to create an Internet Gateway and Intranet Portal for ASP services which were integrated into the first Online Merchant Payment Gateway.
This technology became a connection protocol called ASPConnect with miCommerce, miCRM, and miBilling combined with miPay.
The challenge was to create an application that was universal for all web portals and browsers which was Netscape in 1997. A Universal Online Payment Gateway with Financial Institution Registration. First was to develop a User Interface with Netscape used Crossware for on-demand applications that ran across networks and operating systems, and based on open Internet standards of HTML, Java, and JavaScript. It was the obvious choice for testing.
Next we needed a site to test the Online Payment Gateway through a Web Portal so Asssured Card Corporation registered two domains for this purpose, AssuredCard.com (now AssuredCard.co) then AssuredCredit.com (now AssuredCredit.co) for testing the Web Portal and Online Payment Gateway. We used two servers with different operating systems and network layers being Linux with Novell and Microsoft with NT. One of the largest banks in the country came to see our security backend to confirm we could protect out customers information. Interestingly after the review we had a better backend and our customer information was less accessible then their customers.
A basic online payment system was setup within the Web Portal Gateway using the development library for enterprise customers. Our parent Milinx later recruited from the Netscape family of companies to assist in building the application layer for ASP services. The backend used a Java Centric library called Common Object Request Broker Architecture “COBRA” which allowed Milinx to transition the framework to the Microsystems Servers and Oracle Data and Javabeans Engine to the Data Center ASP Model.
Javabeans was open source and played a critical role in the successes of not only AssuredCredit also Milinx. This integration of the Oracle COBRA framework allowed for seamless transfer of this online HTML Javascript gateway to Milinx and CreditAssure Financial.
We had built all the pieces for this to work in the real world. Now we needed to make sure it was Secure in the existing internet and ready for ASP architecture. The next step, Secure Gateway developed to work with any Web Portal Gateway or Browser backend.
Assured Card Corporation was able to understand the needs of customers and financial institutions. They did not want their personal or financial information exposed to unauthorized individuals or entities.
Personal privacy was critical and required security higher than financial institutions were providing at the time. We never had a breach in our systems from 1994-2001 that compromised any customer data.
The preparation for the Secure Payment Gateway was simple and complex. It was simple as we were at the right place at the right time. TLS was being introduced and adopted in 1999. IT professionals were grasping the exponential vulnerabilities of MySQL. AuthConfig was also introduced in 1999 for a central identity store. We had all the pieces to turn our Web Portal or Browser into a Universal Secure Encrypted Payment Gateway.
The first piece that needed addressing was session control. The internet as it existed in 1999 was open as a Swiss cheese slice. Sessions were not secure meaning you could select a URL and access without permission. I had exposed this vulnerability to several rating agencies who left their discussion papers and non-public documents open to anyone that could type a URL into an internet or intranet browser.
AuthConfig was important as was TLS. This combined package with AuthConfig meant it was much easier to setup SSSD or System Security Service Daemon which at the time was also being adopted into the Oracle database engine we used in Milinx. Everything was working for our launch of the Milinx Universal and Secure Online Merchant Payment Gateway.
The database was something we realized was a huge vulnerability and with the access to 300,000 concurrent connections we were a big target for we needed to test the Payment Gateway, we needed to upgrade the security of customer confidential information.
We had a good backend now to upgrade the API's to have financial institution registration and partners. We used the web portal gateway and filed a patent to protect our IP and make sure we could explain securely the details of the technology to potential financial institutions and deliver confidence in our technology.
By 1999 as AssuredCredit parent Assured Card Corporation was being merged into Milinx and Credit Assure Financial. The writing was on the wall and we focused on securing our customers and systems with a new protocol, Biometric Threshold Security & Encryption. The Web Portal Gateway was a very useful platform to test the viability of an Online Payment Gateways. It allowed AssuredCard to be a viable entity. This new technology allowed us to create a universal ASP backend to Milinx and deliver what was the First Online Merchant Payment Gateway. Milinx started to acquire active customers long before PayPal was an operable entity. AssuredCredit was merchant operable even as an on-premise pre-built system in 1998-1999.