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 »
In the fall, MasterCard will begin testing biometrics to secure online payments. Customers will be required to hold up their phone and take a picture when completing an online purchase. Various methods of identification will be tested. Director of innovative solutions for combating fraud, Ajay Bhalla, noted the ensuing generation “is into selfies,” assuring they …
MasterCard Tests Biometrics to Complete Transactions Read More »
Franchising is booming, both here and across the pond. FRANdata says demand for franchise units in the U.S. is expected to increase more than 12 percent in 2014, the highest rate of increase in five years. The UK has over 900 franchise operations. “The diversity on offer is substantial,” writes Paul Stafford, public relations manager …
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 …
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 …
News about point of sale data breaches continues unabated but we also see convictions of those who would conspire to hack into point of sale (POS) systems. One such example is found in a post by Grant Gross on PCWorld.com’s LEGAL business, security blog, “U.S. man sentenced for hacking POS systems at Subway.” As the …
As consumers are poised at the advent of the holiday season, the recent security lapses at the retail point of sale continue to reverberate, and according to Wayne Rash writing for tech observer eWeek.com, it isn’t looking great for brick-and-mortar retailers. Buyers continued to be worried about credit card security breaches to the point that …
Changing budgets and tastes, the growth of online shopping and security at the point of sale all represent challenges, and opportunities, for retailers. In the last year, mobile point of sale (mPOS) has also continued to grow and evolve. Industry researchers point to the advent of tablets and powerful apps as driving the revolution in …
Security lapses at the retail point of sale continue to make news. The latest involves CurrentC, one of Apple’s competitors in the hotly contested mobile payment space. In a business news website CNBC.com post on the recent breach, technology reporter Cadie Thompson writes that CurrentC, a mobile payment system backed by the Merchant Customer Exchange …
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.
