With the increasing use of mobile payment technologies, mobile coupons, and loyalty apps, operators must plan ahead in order to prevent profit loss. HT takes a look at three areas that can pose potential fraud risks for operators and offers precautions.
The global standard for chip-enabled payment cards, known as EMV, promotes a more secure payment infrastructure with lower risk and fraud potential that should benefit the entire payment ecosystem. While a standard in Europe for 25 years, implementation in the U.S. has created a stir as uncertainty and misinformation permeate the marketplace. Steve Barrow, vice president IT for Luby's Fuddruckers, addresses the roadblocks that remain for foodservice to see benefits of EMV implementation.
Fundamental enhancements for location-based service include virtualized LBS software, calibration-free deployment, user presence and integrated support for BLE beaconing.
Real-time insights are expected to allow smoother payment processing, increased speed of service and improved operating efficiency.
93 percent of human capital management solution providers surveyed now support HR and talent applications on smartphones, and many of these develop for mobile devices first.
Next-gen point of sale newsmakers include: Domino's rolling out Twitter ordering, Pizza Hut testing Uber-like delivery, McDonald's experiments with on-demand delivery and more.
Merchants with NFC-enabled Ingenico Group terminals are equipped for Android's payment solution.
Vantiv's new EMV-certified solution is designed to enable SMBs to accept a wide range of payment methods and improve security for both cardholders and merchants.
Report uncovers evolving relationship between American consumers and mobile payment tech.
New data security solution combines end-to-end encryption, tokenization, and Europay, MasterCard and Visa (EMV).