Card skimming is still a major problem, especially in the convenience store industry. Forecourt POS systems are ripe for tampering and with the delay in EMV implementation granted, late-adoption retailers are an even greater target. With other areas of non-EMV-compliance drying up (department stores, supermarkets), thieves look for the 'weakest link' in the security chain- convenience stores.
Pinnacle's annual user conference, Summit, just wrapped yesterday and what an amazing event it was! Summit 2017 brought together clients from around the country and valued industry partners across the spectrum- into a group environment that promoted best practices, collaboration and future innovation. See what fun we had!
Pinnacle's annual user conference, Summit, is right around the corner! Summit 2017 promises to be an exciting and informative experience for all involved- bringing together clients from around the country and valued industry partners across the spectrum- into a group environment that promotes best practices, collaboration and future innovation.
With high levels of traffic and busy employees, watching out for theft can often be an afterthought. Skimming and theft are real problems and companies need to not only detract thieves but monitor when a potential problem has occurred. With registered security labels and the SkimDefend™ App, stores can provide routine visual evidence and online reporting to catch damaged or compromised labels and halt skimming and fraud immediately.
Employees are often the first ones to detect fraud. Organizations that have anti-fraud training programs experience less-costly losses, quicker resolutions of fraud cases, and an enhanced reputation for customer protection, according to the Association of Certified Fraud Examiners (ACFE).
During theNACS Industry Update Luncheons held last week in San Antonio and Houston, NACS President and CEO, Henry Armour, outlined their industry assessment of the greatest challenges and opportunities facing the convenience store industry in the coming year. Among the most talked about and highest of mind; data security and fraud prevention were near top of the list for retailer concern.
Pinnacle just announced the launch of the SkimDefend™ Multi-Site Mobile App for use by convenience store retailers in the prevention of tampering, fraud and theft. SkimDefend is the result of a previous collaboration between Pinnacle and NACS to assist retailers in safeguarding consumer transaction data, with Multi-Site as the next stage in fraud protection.