Leveraging Technology to Prevent Hotel Chargeback Fraud in 2024 From leveraging chargeback analytics to implementing AI-powered fraud prevention tools, hotel CTOs have a range of strategies at their disposal to safeguard against chargeback fraud in the digital age. Consumer Fraud Could Hamper Booming Global Tourism IndustryThe rate of chargebacks is increasing by 20% per year. March Networks and Spendgo Integrate With Brink POS Software March Networks will help restaurants reduce loss by combining the surveillance video from locations with Brink’s transactional data. Taco Bell Franchisee Uses Tech to Combat Loss Prevention BurgerBusters rolls out Envysion to 147 Taco Bell locations. Toast, Envysion Create Closed-Loop Loss Prevention Reporting Envysion’s Managed Video Solution brings real-time visibility and side-by-side comparison with data from Toast’s POS, back office, and guest facing systems. 3 Loss Prevention Must-Haves Integrated systems, predictive analytics and artificial intelligence will steel restaurants against profit-loss. Fraudulent Chargebacks: How Marriott's Data Breach Could Cost the Company After a data breach, fraudulent payment chargebacks can spike up to 5% but companies shouldn't accept this as a cost of doing business. Tech Solutions Focus on Detecting Loss Prevention, Fraud Loss prevention is often top of mind for restaurants Matrix's New Solutions Include Network Video Recorder These NVRs have intelligent software to help detect threats and send instant notifications for real-time security PAR Technology, Envysion Join Forces on Loss Prevention This integration makes it easy for restaurant operators to review in-store operations any time, from any location 1 2 3 4 5 Next Last
