POS security breaches still a problem in post-EMV world
The number of breaches and instances of fraud should begin to improve as the EMV protocol takes over and fewer cards use the old, magnetic strip technology. But retailers should still be ready and vigilant about their systems and the ways they are protected.
The anatomy of a POS malware attack
How do these attacks actually work? What do cybercriminals do to scrape data out of these systems?
Extremely complex POS malware identified
Now that the holiday shopping season is in full force, some cybersecurity experts are warning of a new – and nearly undetectable – piece of malware that’s potentially infecting point-of-sale systems around the country.
Driving Revenue via Point-of-Sale
A good business owner is always looking at the bottom line, trying to find new ways to drive revenue and improve their margins. As such, they tend to focus directly on what makes them money – their products or services. However, few of these business owners ever consider their point of sale solution, through which all of their money flows – where consumers purchase said products or services.
64% of retailers don’t have a Point of Sale system
When our friends over at Software Advice sent us the infographic below, we were taken aback by some of their findings.
Obstacles to mobile wallet adoption
So far, mobile wallet technologies have not made inroads into the marketplace, despite the fact that nearly all smartphones support them.
The Advantages of Mobility at the Point of Sale
Mobile technology leads to better engagement from salespeople.
Demand for Payments at the Point of Sale is on the rise
POS terminal sales will grow at an 11.6 CAGR through 2020 largely due to the addition of EMV.
Mobile Wallet Adoption Growing Outside of the US
Mobile wallet technologies are in their infancy, but they are undoubtedly the future of point of sale transactions.
Millennials: The next POS security threat?
Enterprises must still ensure they are deploying adequate safety measures and practices throughout the company in regards to the usage of technology and POS devices.