POS

Purloined Vendor Credentials Lead To Jimmy John's Point Of Sale Fail

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 […]

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Near Field Communications and Tokenization Behind Apple's Point of Sale Play

More information is coming available regarding Apple’s new mobile payments system. According to a recent post on the website pymnts.com, the Apple payment system will use tokenization as well as contactless payment based on the new point of sale terminals used in the company’s own stores. As the only full-service point of sale provider —

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Franchise Coach Sees A World Of Opportunities, If You Ask The Right Questions

Franchising is booming. FRANdata says demand for franchise units is expected to increase more than 12 percent in 2014, the highest rate of increase in five years. Furthermore, the lending shortfall for franchises (that is, the difference between projected loan demand and loan supply) is expected to be one-half that of last year’s figure. And

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MasterCard Mandates Contactless Payments At Point Of Sale

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

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Amazon Gets Physical

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

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Growth Investors Likely To Get In Line For Shake Shack IPO

The nation’s pivot toward better-burger restaurants continues to gain momentum as rumors surface that Danny Meyer’s Shake Shack is considering an IPO this year. In her online post, “Shake Shack Considering An IPO,” Nation’s Restaurant News editor and restaurant finance expert Lisa Jennings says, “The news follows an earlier rumor that the parent to the

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