One of the premiere conferences in hospitality technology - HITEC 2016 - concluded on June 23. As our team gets back into their regular schedule, I wanted to take this opportunity to reflect back on the show and share some key takeaways:
One of the premiere conferences in hospitality technology - HITEC 2016 - concluded on June 23. As our team gets back into their regular schedule, I wanted to take this opportunity to reflect back on the show and share some key takeaways:
In 2015, the US became the last developed country to migrate to EMV – a new more secure payment acceptance system. EMV has had tremendous success in many other countries, such as the UK, Australia, and Canada, in curbing credit card fraud. Merchants in the US are now required to upgrade their payment technology to accept EMV cards to avoid the liability of any chargebacks due to fraud. Many big box retailers have proactively upgraded their payment technology to accept EMV, however, many small merchants are falling behind.
A research paper titled ‘Online Payment Fraud: Key Vertical Strategies and Management 2016-2020’ revealed that top service providers were in a position to cut levels of fraud to less than 0.1 per cent of transactional values in certain major e-commerce sectors.
The world’s largest hospitality technology show - The Hospitality Industry Technology Exposition & Conference (HITEC) starts today and we are excited to be in attendance. HITEC 2016 is bringing a unique combination of top-notch hospitality technology education, led by industry peers and experts, and an unparalleled trade show showcasing the latest products and services from over 300 companies, occupying more than 130,000 square feet.
Apple’s most anticipated event every year – the Worldwide Developers Conference (WWDC) is taking place right now at the Bill Graham Civic Auditorium. WWDC is Apple’s once a year event that brings together a vast network of third party developers who build apps for all the iOS devices and the Mac. Among announcements regarding their operating systems for their Mac, Watch and mobile devices, Apple is also expected to announce exciting news regarding Apple Pay.
