NOTE to READER: At the time of the hack, Sintel Systems was not involved. This week Checkers Drive-In Restaurants Inc. published a security notice on its website announcing that it suffered a data breach when hackers broke in and planted malware on its payments processing system. 102 stores or about 15% of its restaurants in 20 states […]
Checkers and Rally's Restaurants Suffer a Data Breach Read More »
Today Global Payments Inc. (GPN) and Total System Services Inc. (TSS) announced an all-stock merger of equals with an equity value of about $21.5 billion. Global Payments is fifth-largest merchant acquirer in the U.S., helping businesses handle their credit and debit card payments. Total System Services is the third-biggest payment processor in the credit card issuers’ market.
Multibillion-dollar merger between Global Payments and Total System Services Read More »
The four major credit card companies including American Express, Discover, Mastercard, and Visa will not longer require their customers to sign credit card purchases. Linda Kirkpatrick, an executive vice president with Mastercard said, “In our digital, fast-paced marketplace, consumers appreciate any opportunity to save time. This is why Mastercard led the charge to officially ‘retire’
Credit Card Signing No Longer Required Read More »
Be prepared for a credit card upgrade, as banks have begun swapping out regular magnetic strip credit cards for something a little more secure. Chip cards (Smart Cards/Circuit Cards) are not a new concept. They have been around for many years and are used widely in some parts of the world like Europe. Chip cards
The Looming Credit Card Update Read More »
In recent years we have seen a substantial increase in fraudulent charges on consumer’s credit cards. With hacks on large companies like Target and Home Depot, it was critical for the United States to make a change but was it the secure choice? As recorded by CNN Money, this past week at the Electronic Transaction
Wal-Mart Exec Calls EMV Upgrade 'Joke' Read More »
In a series of posts on his website, KrebsOnSecurity.com, famed cyber security professional Brian Krebs, has written about Bebe, the latest retailer to suffer from stolen credit and debit card data at the point of sale (POS). “The most common way that thieves steal this type of card data is by hacking into cash registers
Once More Into The (POS) Breach Read More »
It has been nearly one year since the infamous Target breach that took place at the height of the 2013 holiday shopping season, resulting in the digital theft of 70 million consumer credit cards. And what a year it has been for consumers. In 2014 the disturbing trend of point of sale (POS) breaches
A Hacker's Almanac Read More »
News has arrived of another point of sale (POS) security infiltration; one similar to those which compromised Target, Neiman Marcus, UPS, Michaels Stores, Walmart and SuperValu. We found details of the malware attack in a recent post on the personal finance website PFHub.com, “Malware Installed on Jimmy John’s POS System: Data Breach,” which states that
Purloined Vendor Credentials Lead To Jimmy John's Point Of Sale Fail Read More »
The payment card giant MasterCard is throwing its full weight behind near-field communications (NFC) payment systems, also known as contactless payment technology. NFC technology allows for contactless payments to be made using radio waves to transmit data between devices that support the technology, provided they are in close proximity at the point of sale. A
MasterCard Mandates Contactless Payments At Point Of Sale Read More »
The nation’s business press is taking note of Amazon’s efforts to create tools and services for traditional brick-and-mortar retailers. “The recent launch of Amazon’s in-store credit card reader and checkout software was one of Jeff Bezos’s most deliberate acts to date to grab a slice of the 85 percent to 90 percent of total purchases that still happen in the physical
Amazon Gets Physical Read More »
Your ambitions and hard work deserve a partner who can offer you franchise-level POS systems and services no matter your size or industry. Sintel Systems direct single source POS solutions is the key to ensuring that your operation moves efficiently. Sintel Systems knows that your time is better spent on growth and expansion. So dream, plan, execute, grow and succeed with Sintel Systems.
