• Payments-services provider ACI Worldwide Inc. said it expects the rate of attempted online fraud in the United States during the holiday shopping season will increase 43% over the same period last year, based on transaction data it has seen so far. This increase follows U.S. adoption of EMV cards at the …
Read More »Search Results for: restaurant POS
Hutton Hotel Finds POS Malware and other Digital Transactions News briefs
• Noble House Hotels & Resorts, which earlier said it had been notified by the U.S. Secret Service about a possible card-data breach at its Ocean Key Resort & Spa, said it has found through an investigation that card data may have been compromised at 11 other hotels, restaurants, and …
Read More »Eddie Bauer Discloses POS Breach and other Digital Transactions News briefs
• Apparel retailer Eddie Bauer LLC said payment cards used at its more than 350 U.S. and Canadian stores from Jan. 2 to July 17 may have been compromised by malware placed on its point-of-sale systems, KrebsOnSecurity.com reported. The malware has been removed; Eddie Bauer said the “intrusion was part …
Read More »Eye on Security: Malware Planted in HEI Hotels and Micros POS Systems
By Jim Daly@DTPaymentNews HEI Hotels & Resorts disclosed Friday that malware on point-of-sale systems may have captured payment card information at restaurants and other locations within 20 of its properties. At the same time, the payments industry is watching for clues about the extent of a compromise at Oracle Corp.’s …
Read More »Intuit And Revel Systems Ride Their mPOS Partnership Into Salons And Grocery Stores
By John Stewart @DTPaymentNews When Intuit Inc. launched QuickBooks Point of Sale with tablet-payments specialist Smoothie King Franchises Inc., a chain of 700 juice outlets, to install Revel tablets chainwide in what at the time was the largest such deal on record. Earlier this month, news emerged that IBM Corp. …
Read More »How Restaurant EMV Could Boost Mobile Wallets As Issuers Turn to PIN Verification
By John Stewart @DTPaymentNews Most mobile wallets in North America have struggled to win adoption and usage among consumers, and some apps backed by mobile networks have already fallen by the wayside. But one factor that could promote mobile payments is likely to come from a surprising source: restaurants. With …
Read More »Canada’s MintChip Digital Currency Goes Live at Toronto Stores and Restaurants
MintChip, a digital cash replacement, went live Tuesday with a handful of retailers and restaurants in a trendy Toronto neighborhood. Canadians anywhere also can use MintChip for peer-to-peer payments. A loyalty and payment-services startup called nanoPay Corp. bought MintChip, which was developed by the Royal Canadian Mint, early this year. …
Read More »As the mPOS Revolution Spreads to More Merchants, Players Must Build Scale Fast
The mobile point-of-sale revolution started in North America with smart-phone readers from startups like Square Inc. and established software houses like Intuit Inc., but it’s now a global phenomenon with broad implications for entrenched players and newcomers alike, according to research released Monday. Indeed, mobile POS gear—chiefly phones or tablets …
Read More »Wendy’s Goes Public With Data Breach, And Cautions About Current And Possible Suits
The Wendy’s Co. admitted publicly Wednesday that a point-of-sale system at “fewer than 300” of its franchised restaurants in North America had been affected by malware, starting last fall. In a quarterly filing with the Securities and Exchange Commission, the Dublin, Ohio-based hamburger chain also said it has worked with …
Read More »Meeting Security Demands in Digital Experiences Presents a POS Challenge
Merchants attempting to create more digital experiences in their stores and restaurants because of consumer expectations are finding security of payments to be a significant challenge, finds the “Step Up The In-Person Experience” report issued by Forrester Consulting Inc. Commissioned by tablet point-of-sale maker Revel Systems, the report examines how …
Read More »