April blog roundup: Data security, mobile payments, Congressional oversight
From mobile payments to data security, April was an active month in the payment processing space. In case you missed it, here are some of the topics we covered on the Vantage Viewpoint blog last month:
Not all businesses require EMV terminals: Does yours?
Key takeaway: Just because a company doesn't require a new EMV terminal doesn't mean there aren't steps it can take to protect itself and its customers.
3 mistakes when selecting a payment processor
Key takeaway: With a host of regulatory and compliance considerations to make as well as cost and convenience, a third party service provider can help decision makers find the ideal solution.
Hospitality industry routinely the target of breaches
Key takeaway: All participants in the hospitality industry can be susceptible to attacks if their payment processing systems aren't up-to-date, continuously monitored and compliant.
85 percent of Apple users haven't tried Apple Pay
Key takeaway: While some have been quick to trumpet the turning tide in favor of mobile payment processing, adoption rates lag behind the hype. According to PYMNTS.com, 85 percent of Apple users have yet to try the service, indicating an attachment to old payment methods.
Discover partners with Apple Pay
Key takeaway: According to the Associated Press, now all major credit card providers are on board with Apple's mobile payment system.
Banking industry leaders endorse new cybersecurity bill
Key takeaway: A new congressional bill titled "Data Security And Breach Notification Act of 2015" aims to increase intelligence and awareness about threats against consumer data.
Are retail storefronts primed for a comeback?
Key takeaway: Much has been written about the threat that ecommerce sites pose to brick-and-mortar retail operations. However, some experts say the tide may be shifting in favor of traditional storefront retailers.
Continue reading our blog for the latest news and advice about the payment industry, or contact Vantage today to learn more about our payment processing solutions for merchants.
