The app gets the attention. Avanza sells the switches, connections and customer-service software that help banks make it work - and its newer AI products depend on the same unglamorous craft.
Banks see cards, wallets and ATMs. CLAI sees the brittle wiring between them - and has spent 35 years turning that wiring into a configurable payment operating system.
VGS (Very Good Security) is a payments tokenization and credential management platform that lets companies process and store sensitive card data without ever touching it themselves. Founded in 2015 by Mahmoud Abdelkader and Marshall Jones, the San Francisco company runs a composable Card Management Platform, a PCI-compliant Vault, and network value-added services used by Fortune 500s, fintechs and banks - having crossed 5 billion tokens managed as of 2025.