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How Technology Is Transforming the Dining Industry: What to Know for 2020

With the number of restaurants across the US falling by around one percent , dining industry professionals need to know how to stay competitive in an increasingly challenging sector. Below, we consider the main problems facing the dining industry and the ways in which technology will transform the industry from 2020 onward. Problems facing the dining industry Most problems facing the dining industry in 2019 stemmed from the same key issue: the [...]

By |2019-12-18T18:43:14+00:00December 18th, 2019|blogs, eCommerce|

Card Not Present Transactions

In the past, if a customer did not have a physical debit or credit card on them, it would be nearly impossible to make a purchase. Not in today’s world. A customer can complete a purchase today without being physically present. These types of payment options are called card not present transactions. This type of transaction occurs when either the cardholder is not present or the credit card is [...]

Wells Fargo System Outage

As of February 8, 2019, the Wells Fargo mobile has been experiencing difficulties in operation. From the Wells Fargo Twitter: “We’re experiencing system issues due to a power shutdown at one of our facilities, initiated after smoke was detected following routine maintenance. We’re working to restore services as soon as possible. We apologize for the inconvenience. We want our customers to know that this is a contained issue affecting [...]

High Risk Businesses

A business is considered high-risk when it meets one of two conditions. The first is that it operates in an industry that is considered high-risk, or prone to health concerns or controversial practices. These types of businesses include software, health and wellness, travel and hospitality, legal services, financial services, gambling, anything adult-oriented, tobacco, and eCommerce. This is not a complete list, but it gives you an idea about what [...]

Preventing Credit Card Fraud

Credit card fraud is no joke; according to Forbes, merchants in the United States are losing approximately $190 billion a year to credit card fraud. Customers of banks lose around $4.8 billion, with banks themselves losing an additional $11 billion. The scale of this problem is massive, with credit card losses equivalent to the total annual energy spending in the USA (which is about $140 billion). This is the [...]