Effective cash management solutions can be networked and integrated into existing POS systems to provide remote cash monitoring, further enabling a safer retail environment. By Howard Riell, Associate Editor. Retail success doesn’t just mean keeping money coming in, but preventing money from going out. And while normal business expenses are inevitable, theft is not. Being…

Prominently placed security cameras can help deter potential thieves and identify those who do steal. By Pat Pape, Contributing Editor. A store cashier pockets the $20 bill that a busy commuter hands him to pay for fuel. A shopper picks up a tube of lip balm and casually drops it into her purse. A customer…

Convenience store operators must stop treating the need for compliance as a nuisance. It is a complex part of the business that must be faced head on. By Pat Pape, Contributing Editor. Just one month ago, Chase, the second-largest U.S. bank, plus a host of other well-known businesses, notified customers that their e-mail addresses had…

Amer Hawatmeh, president of St. Louis-based St. George Oil, believes in secure cash management, and that manufacturers of the newest systems need to work with retailers to make them more affordable. “The bottom line with cash management, my golden rule, is that once you have $100 in the drawer you need to get rid of…

MAPCO convenience stores add Cybera One security services with Wireless IDS to meet PCI compliance. MAPCO Express Inc. has partnered with Cybera, a data security and PCI compliance solution provider, to implement a comprehensive security solution at its 405 locations. MAPCO addresses PCI compliance requirements with the Cybera ONE solution, which includes wireless IDS (intrusion…

“FraudGuard empowers our network to take action to help prevent fraudulent activities at BP stations,” says BP card operations manager. BP Products North America Inc.  has announced the launch of FraudGuard, its newly enhanced payment card fraud prevention program that features proven technology options for eligible sites  and business incentives for participating retailers. Eligible BP-branded marketers may opt-in to take advantage of different opportunities to increase payment card security at purchase points both indoors and outdoors. According to a recent study, U.S. retail merchants incurred more…

Visa and MasterCard are among the payment providers targeted by “hacktivists”  calling into question the effectiveness of PCI compliance. By Howard Riell, Associate Editor. The arrest of WikiLeaks founder Julian Assange in the U.K. in early December got some people angry—and they took revenge. A day after Assange was arrested and denied bail in London…

The National Retail Federation (NRF), a retail trade organization, and First Data Corp., a provider of electronic commerce and payment processing, have released results from a research study of data security and fraud prevention strategies practiced at small to mid-sized retailers. Most of the retailers surveyed had annual sales of less than $100,000. The analysis…

Loss prevention in retail is becoming a more challenging task as the economy stumbles along. In order to keep costs down it is important to put measures into place that will deter thieves. In a tough economy, every dollar counts. But loss prevention is often overlooked by convenience stores, even when following through on upholding…