It’s been more than a year since the October liability shift date and merchants in the U.S. are making headway in EMV adoption. In fact, according to VISA, more than 39 percent of all merchant locations now accept chip cards.
Many states have laws and regulations that took effect January 1. In some instances, such as minimum wage, even cities have instituted new requirements. Often forgotten among the tasks to be accomplished in in light of these changes is updating your Employee Policy and Procedure Manual.
Brian Krebs’ post on Krebs on Security, “DNI: Putin Led Cyber, Propaganda Effort to Elect Trump, Denigrate Clinton,” is not only an excellent piece of analysis, it also contains important cybersecurity lessons.
Value-added resellers (VARs) in the food and beverage sector know that, while restaurants vary drastically in their menu offerings and ambience, they all share one goal: the pursuit of total efficiency. That pursuit must be managed carefully, because an overt focus on efficiency can detract from the leisurely experience restaurant goers frequently expect.
Any small and medium enterprise (SME) that wants to succeed needs a content management system (CMS). As such, knowledge of how a CMS works is a must for almost any employee since content is such a huge part of virtually any digital business.
In the retail and hospitality space, 2017 will likely see a continuation of the trend toward mobility and cloud-based solutions, as well as the emergence of unified commerce strategies. Some belt-tightening should also be expected as these industries wade through economic and political uncertainties, particularly in Europe. Here’s what else to expect in the coming year.
Vantiv’s PaymentsEdge Advisory Services conducted a POS Channel KPI Study in January and February. An online survey was emailed to Vantiv reseller and ISV partners plus POS-focused subscribers of Business Solutions Magazine. Through this survey, point of sale resellers and ISVs anonymously shared their 2016 results and their expectations for 2017. A total of 91 solution providers shared information, resulting in the largest POS channel KPI study ever published.
There are two languages of ROI, especially when it comes to restaurant POS. By Shannon Arnold, Posera
Point of Sale EMV integrations are becoming more advanced by the day. Software developers can now choose to integrate with a semi-integrated terminal solution which communicates directly with the bank without the need for an EMV-certified gateway. Sound great? It can be, but there are many benefits merchants would lose out on.
There’s certain obviousness to the relationship between business analytics and operational efficiency in retail and hospitality. It goes without saying, for instance, that the more data buyers have about the sell-through rate of a certain SKU, the more efficient their POs will be. Or that the more finite the finance department’s view into labor spend, the more accurate its labor forecasts and budgets will be.