I am still floating on an adrenaline rush from RetailNOW® 2015! It was simply incredible to see, up close and personal, all that this industry and our members are experiencing. There was the opportunity to hear the outlook on the future from some top leaders in the industry; to gain tactical selling skills; see new products in action; learn from the experiences (and presentations) of peers; witness new partnerships evolving and have great conversations (and cocktails) on the show floor.
In a rousing opening, RSPA’s President and CEO welcomed the RetailNOW® crowd with plumes of CO2 and an 90’ screen that stretched the length of the stage and beyond. When she got behind the podium, it marked one year since she had taken that same position during her RetailNOW 2014 welcome address.
Personal pronouns are important to Bob Goldberg. Not so much the “I” and “me,” but certainly “we” and “us.” He uses them generously when he talks to any RSPA crowd, immediately eliminating any barrier there might be between RSPA’s longtime legal counsel and the reseller segment of the membership. Throughout his general session presentation on Wednesday, August 5, Goldberg’s message was clear: we’re in this together—and while the industry hurtles forward, we must continue to focus on what we'd like our destiny to be.
As we are coming close to the EMV liability shift, the EMV certification process with the major processors/acquirers is not easing. There is a major backlog and it seems like most of the software vendors are not going to start having full EMV capabilities before the first quarter of 2016.
October marks the liability shift date, when the four major credit card brands, Visa, MasterCard, Discover, and American Express, will begin shifting the financial liability for credit and debit card fraud to organizations that do not support EMV chip cards.
With the October 1 EMV liability shift just a little over a month away — merchants still looking to comply with their limited timeframes — need efficient and cost-effective strategies to make the deadline or be held liable for fraudulent card transactions.
It’s rare that something invisible can become a tool powerful enough to change an industry, but that’s precisely the case with digital watermarks. This technology is rooted in digital video innovations and poised to take a giant leap forward, providing a sophisticated way for advertisers to reach a targeted audience.
Over the last year, EMV (Europay, MasterCard, and Visa) has achieved mass recognition within the U.S. There are over 1 billion EMV cards used throughout the globe, and the system is the standard for debit and credit payments in many European countries. Despite this, the U.S. has lagged behind in the transition to chip and pin technology — until now.
Let’s engage in a thought exercise. We’re going to examine the business and technology consequences of a single grassroots movement and what it may mean for point-of-sale (POS) developers and providers. Fast food workers, demanding pay up to $15 an hour, have seen successes in New York State and some municipalities, resulting in substantial wage increases.
With less than two months to the Europay MasterCard Visa (EMV) liability shift begins, many businesses accepting credit and debit cards are either scrambling to become EMV compliant or are not prepared. Rest assured the sun will rise the day after the liability shift goes into effect Oct. 1, 2015 and those businesses that have not implemented EMV will still be able to accept payments. If your merchant client is one of those business owners who is not ready, here are some short-terms actions you can take.