POS Executive Commentary

  1. EMV And Fraud: Where We Are Now And Where We May Be Going
    11/3/2015

    What has changed since the October 1 EMV liability shift? For most consumers and merchants, the short answer is, not much. With the exception of some merchants now having liability for fraud involving certain card-present, chip card transactions, the changes promised with regard to EMV will take some time to be fully realized.

  2. VARs: Are You Ready To Take Up The Mobile POS Security Challenge?
    11/2/2015

    Cyber Awareness month just came to a close and it raised awareness about the need to secure one of the most challenging environments — mobile point of-sale (mPOS) systems.

  3. EMV October 1 Is Past: Now What?
    10/28/2015

    We are now a couple of weeks past the October 1 EMV liability shift, and VARs and ISVs are starting to realize that there is action they have to take. The community is continuing to hear about EMV from the media, and increasingly from payment providers. EMV technology is here to stay, and delays in adopting compatible solutions could result in liability to businesses long term. With EMV in effect, the time is now to implement the necessary solutions and technology to protect your business.

  4. Customer Retention Reimagined
    10/27/2015

    It is easier and far more profitable to retain an existing customer versus trying to convert a new one. Yet the majority of customer related digital marketing dollars are spent on conversion (i.e. sales). Ad-based search revenues have long been the foundation of Googles $450+ billion market cap and Facebook’s mobile ad revenues represent nearly three quarters of total sales and over 90 percent of revenue growth. Whether it’s Trip Advisor, Yelp or Twitter, the underlying business model combines advertising spending from businesses trying to convert prospects with a useful consumer function.  

  5. 4 Things That Have Changed Since The Oct. 1 EMV Liability Shift
    10/26/2015

    EMV (Europay, Mastercard and Visa), a global standard for chip card technology, has been at the heart of payments news over the past few months. The October 1 liability shift date signified that merchants nationwide will assume liability for fraud if they lack point-of-sale tools that can accept the new chip cards. While there is still a long way to go before EMV becomes America’s new normal, the process of merchant conversion is well under way. Consumers and merchants alike are adapting to the EMV learning curve as the rollout continues.

  6. 4 Changes To Expect From The EMV Liability Shift
    10/23/2015

    After a four-year head start, the Oct. 1, 2015 EMV deadline came and went with little fanfare. Only about 30 percent of credit and debit cards are currently EMV (Europay, MasterCard and Visa) enabled, according to eight financial institutions surveyed by the Payments Security Task Force. That number is expected to double by year’s end and increase to 98 percent at the close of 2017, when the liability shift goes in effect for gas stations.

  7. 3 Big Changes At The Checkout Now That The EMV Liability Shift Date Has Passed
    10/23/2015

    The EMV liability shift deadline has come and gone. That means all U.S. businesses using non-EMV-compliant technology will be held responsible in the event of a fraudulent payment card transaction. While these new cards may be unfamiliar to shoppers stateside, it’s a transition that many other countries have successfully made.

  8. How Resellers Can Win At Omni-Channel
    10/20/2015

    There was a time when the only thing a retailer needed — beyond customers — was available inventory and a traditional fixed point-of-sale (POS) system. Well, those days are long gone.

  9. Security Realities In Light Of EMV
    10/15/2015

    Good security measures require a layered approach and to date, no security technology or services company has come up with “the” silver bullet. There are simply too many ways a hacker can compromise a system. As it relates to EMV and the mandate to implement new readers and systems, every business needs to understand a few harsh realities before concluding they are safe from attack.

  10. Why Full-Service Restaurants Will Be The Last To Bite On Mobile Payments And EMV
    10/13/2015

    What do the preparation of fabulous cuisine and secure, push-button payments have in common? The answer is nothing — which is the primary reason why most full-service restaurants are taking a wait-and-see approach to upgrading their point of sale (POS) systems.