The Clover point of sale system is made for restaurants with the Clover Dining feature built into the system. A robust POS, the Clover restaurant point of sale empowers restaurateurs to manage all aspects of the business from one system. Plus, there’s an abundance of clover apps that liberate restaurant management to pick and choose …
The Best Clover Point of Sale Apps for Restaurants Read More »
Settlement Speed is of the Essence for Small Business Owners We all know that time is money, and in the world of small and medium enterprises, time is intrinsically tied to cash flow. When business owners have sufficient cash on hand, things have a great chance of going smoothly. Once the cash flow is drastically …
There’s been a new trend among shoppers when it comes to online shopping this holiday season: make the last-minute purchase online and pick it up in-store. It has, in fact, become so popular that both consumers and retailers alike have come up with a trendy new anacronym: BOPIS (buy online pick up in-store), and according …
Historically popular mid-price department stores in the United States have experienced a steady decrease in brick-and-mortar foot traffic over the past several years. The main cause has been a massive shift by consumers from shopping primarily offline to utilizing digital online options and home delivery. Online storefronts have helped department stores make up some lost …
Sluggish Holiday Sales for Kohls Despite Help From Amazon Read More »
While the 2015 fraud liability shift has increased chip card adoption in the United States, consumers and merchants alike still express frustration with a major drawback of EMV technology: slow transaction times at the point of sale. Unlike magnetic stripe cards, chip cards need to be inserted for a long period of time until the …
This week, the Consumer Financial Protection Bureau (CFPB), a consumer protection agency created by the Dodd-Frank Act of 2010, has filed lawsuits against a number of people and companies involved in student loan debt relief services. According to the CFPB, these companies illegally obtained consumer reports, charged illegal advance fees for services, and engaged in …
CFPB Files Lawsuits Against Student Loan Debt Relief Firms Read More »
Payment Card Industry compliance refers to a specific grouping of standards that have been set up to help ensure that customer data is being secured uniformly throughout the industry. MasterCard, Visa, Discover, and American Express set up the Payment Card Industry Security Standards Council over 13 years ago in 2006 with a view to helping …
On December 26, 2019, the Qatar Financial Centre Regulatory Authority (QFCRA) announced via a press release posted to Twitter that virtual asset services were no longer allowed in the Doha-based Qatar Financial Centre Authority (QFC). The QFCRA’s decision essentially cut off more than 500 financial firms and other businesses within that location from crypto trading. …
Since March 2019, pro-democracy activists in Hong Kong have been staging massive rallies that often turn violent and destructive. Clashes between protesters and riot control police units have claimed more than 2,500 injuries and millions of dollars in damages. The lucrative tourism and retail industries of Hong Kong have also been deeply impacted; according to …
For many British consumers, using the ATM at their local convenience stores, which are colloquially known as corner shops, is the best way to access bank funds for free. The traditional arrangement consists of banks paying interchange fees to ATM operators; thus allowing account holders to enjoy free cash withdrawals they usually spend at the …
Planned Fee Schedule Limits Access to Free ATM Cash Withdrawals in the UK Read More »
Individuals who have wined and dined at theme restaurants such as the Bubba Gump Shrimp Company and the Rainforest Cafe at least once since 2016 may want to review their credit and debit card statements. According to a notice posted by restaurant giant Landry’s shortly after New Year’s Day, hackers were able to inject malware …
Hackers Steal Credit Card Data at Major Seafood Restaurant Chain Read More »
It feels like a never-ending race and a battle to one-up one another: the battle against fraudsters. While the equipment we have to detect and prevent these fraudsters has been improving substantially over the previous decade, fraudsters always seem to find a way to get through eventually. One of the latest tactics is synthetic identity …
Of all regions in the world, the Caribbean may seem one of the least likely to officially adopt digital currencies, but that is exactly what has been taking place this year. In October 2019, the Eastern Caribbean Currency Union launched a pilot program to turn the EC dollar into an electronic form of cash, which …
The Sand Dollar is a New Caribbean Digital Currency Read More »