Payment Security

Weak Cybersecurity Defenses May Hinder Pandemic Recovery in the Hospitality Industry

When it comes to cyberthreats, 89 percent of polled hospitality IT decision makers said their organizations lack expertise, 83 percent said they lack resources, 71 percent said they lack the time to respond to threats, and 58 percent said they have insufficient training information.
How Frictionless Payments Can Transform the Hotel Guest Experience

Frictionless payments have the ability to support a customized and simplified hotel stay which benefits both the traveler and hotelier.

Payments, POS and Drones Top HT’s List of Most-Read Restaurant Stories of 2021

In this special recap, HT counts down the most-read restaurant technology stories of the year.
One-Third of World's Credit Card Fraud is Traced Back to USA

This $11 billion in credit card fraud would result in an actual real-life loss to United States merchants of over $39.6 billion.
Mastercard to Acquire Dynamic Yield from McDonald's

McDonald's continues to scale and integrate the personalization platform to further enhance CX. The deal boosts Mastercard's services.
Three Steps to Cyber-Secure Success

eCommerce accounted for nearly 20% of total retail sales in 2020 alone, but as eCommerce grows, so does the threat of fraudulent activity.
Stop Chargebacks Before They Happen This Holiday Season or Find the Right Partner to Resolve Them

Chargebacks tend to come in waves, with the biggest waves coming around the Thanksgiving and Christmas holidays, but this year’s holidays come on the heels of more than a year’s worth of higher-than-usual chargeback rates because of restrictions brought about by the pandemic.
iOL Pay Launches Global Fintech Platform in 37 Countries to Transform $1.45 Trillion Hotel Payments Industry

The platform will provide hotels with a single automated payments solution, support global payment compliance and standards, improve cash flow and elevate guest experiences to encourage customer conversions.
Why Omnichannel Payments Data is Key to Hospitality Success

Most guests won’t sign up for loyalty programs or will opt out of sharing information, but payment data is an underutilized tool that allows hospitality brands to gain deep insights into their customers.
Best Practices to Counter the Rise of Cyberattacks in Hospitality

The first line of defense is adopting a security-first culture among all team members, which educates staff on basic cybersecurity best practices, spotting different types of attacks, and reporting incidents.
Shake Shack Adds Contactless Payments

The partnership with FreedomPay brings enhanced safety and security to consumers ordering in-store, online or in-app.
Nordis Technologies and Payments FinTech Finexio Announce Channel Partnership

Partnership expands Nordis’ solutions to include business-to-business (B2B) accounts payable payments for the hospitality, healthcare, and financial services markets.
Qu Launches Commerce Cloud that Improves Speed and Stability for Enterprise Restaurant Operators

Qu's Commerce Cloud ensures fewer lost transactions and higher levels of guest and employee satisfaction.
Prommt Announces Oracle OPERA 5 Integration

The integrated solution enables hospitality clients access to Prommt’s remote multi-channel payment capabilities from within their existing Opera hotel management system.

A collection of news, articles and other featured content about Payment Security.