Articles Tagged with ''retail security''

Reducing credit and debit card fraud by implementing EMV chip card acceptance has become retailers’ top payment issue in 2016, but retailers are also busy with new data security enhancements such as point-to-point encryption and tokenization to better protect payment card data.

Walmart has made the mobile payment app Walmart Pay available in more than 4,600 Walmart stores nationwide.

According to a survey of shopper's habits, consumers are creeped out when retailers use technologies like facial recognition to identify them.

Retailers’ inventory shrink averaged 1.38 percent of retail sales, or $45.2 billion in 2015, up by $1.2 billion from 2014.

Mobile fraud is a challenge for merchants, and will only intensify, according to the 2016 LexisNexis True Cost of Fraud Study.