For the first time in the 2016 BDO Retail RiskFactor Report's history, risks associated with data privacy and security breaches were cited by all retailers.
Senator Charles Schumer said that billboard companies that track people's movements through smartphone apps in order to optimize advertising locations pose a threat to privacy.
The expanding scope and cost of government regulation are placing new burdens on America’s small businesses, hindering their ability to create jobs and drive economic growth.
Consumers were promised a new level of security after the October 1, 2015 EMV (for chip-based card technology) deadline. But now, six months later, how much has really changed?
Inventory loss through shoplifting or internal theft, unsuccessful in-store promotions, even long lines at the register – all of these are pain points for retailers and can seriously impact the bottom line.
According to a CardHub survey of 55 major retailers and 1,000 individuals, 42% of retailers have not updated the terminals in any of their stores and 56% of people don’t care if a retailer’s payment terminal is chip-enabled.
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