The retail experience has undergone a massive transition recently as digital technologies have brought the number of connections to hugely increased levels where people, process, data and things converge, what Cisco coined as the “Internet of Everything” (IoE). We see IoE applications across vertical markets, what we are calling the “Internet of Vertical Solutions” (IoVS), […]
POS & Wireless Headsets
With the EMV mandate approaching on October 1 requiring retailers to implement EMV-compliant POS terminals or be held responsible for any fraud losses after that date, retailers need a roadmap to prevent financial liability. EMV encryption provides a number of benefits, most notably, protecting cardholder information with each transaction from the moment the card is […]
As reported in Hospitality Technology’s 2014 Restaurant Technology Study, POS systems (hardware and software), account for 33 percent of the overall technology budget, with the average POS lifecycle lasting about seven years. According to the same study, 25 percent of restaurants plan to replace their POS stations by the end of 2015. Because POS systems […]
As data breaches become more common among retailers and financial institutions, new security measures are proving to be an essential factor in protecting consumer data.
Proper security and monitoring tools have become increasingly important since the quick service restaurant (QSR) industry reported a 7% sales drop due to theft, and franchises sometimes don’t have to look very far when determining the source of the problem. According to the National Restaurant Association, internal theft accounts for 75% of inventory shortage, while […]