Truemag

  • Subscribe
    • New Subscription
    • Account Updates
    • Customer Service
  • News & Events
    • News
    • Events
  • Advertise
    • Media Kit
    • Reprints
    • Contacts
  • Editorial
    • Podcasts
    • Current Articles
    • Digital Editions
    • eNewsletter
    • Editor’s Desk
    • Edit Calendar
    • Contacts
  • Buyers Guide
    • Search
    • Sponsor Index
    • Vendor Update
  • Annual Software Ranking
    • Ranking Form
    • Annual Software Ranking
    • 2018 Software Ranking File Package

Epicor Integrates AJB Technology to Help Retailers Secure POS Transactions

12.22.2014

Epicor Software Corporation, a global leader in business software solutions for retail, manufacturing, distribution, and services organizations, today announced a strategic partnership with AJB Software Design, Inc., a leader in integrated payment solutions, to simplify and secure electronic payment acceptance at the point-of-purchase, enabling retailers to accommodate new and emerging methods of payment, and comply with security best practices such as the forthcoming Europay, MasterCard and Visa (“EMV”) initiative.

The partnership combines Epicor and AJB’s best-of-breed solutions to provide retailers with a single, secure, uninterrupted payment solution that can handle high transaction volumes — even on the most demanding shopping days — while supporting inspired consumer payment experiences.

More than 20 percent of North America’s Top 100 retailers and over 10 percent of the top global retailers by sales volume, rely on AJB’s payment integration software solutions. AJB’s FIPay (Flexible Integrated Payments) solutions are now fully integrated into the Epicor Retail Store 6.4 solution to enable retailers to handle all aspects of electronic payment acceptance at the point of sale, including authorization and settlement, and dynamic currency conversion, with end-to-end encryption and tokenization.

Additionally, the Epicor Retail Store with integrated FIPay solution is expected to be certified to meet the most current EMV requirements. While Chip and PIN technology has been widely accepted in the UK, Canada, and Australia for more than 10 years; in the US, October 1, 2015 is the deadline for implementing Chip and PIN technology under the EMV initiative — a milestone known as “the liability shift.” After this date when credit card fraud occurs liability will presumptively fall on the entity using the lesser, non EMV technology.

“With technological capabilities continuing to rapidly expand, keeping up with advancements while ensuring the security of data will remain a challenging feat for retailers,” says industry analyst firm Boston Retail Partners, in its October 2014 white paper titled: Best Practices and Tools to Thwart Hackers and Protect Customer Payment Data. According to Perry Kramer, vice president and practice lead, Boston Retail Partners, “Simply meeting PCI compliance standards is no longer sufficient to protect customer data. The best way to reduce overall payment card exposure is with a multi-tiered security approach with a combination of EMV, encryption and tokenization.” Ken Morris, principal, Boston Retail Partners, stated, “as a strategic approach to payment security, retailers should seriously consider moving to a cloud-based POS system with one centralized point for data security.”

Epicor Retail Store with integrated FIPay solution also enables retailers to quickly accommodate new and emerging payment types, including consumer mobile payment “wallets”; as well as support a wide range of bank processors, payment devices, and international currencies.

“It’s likely that 2014 will go down in the record books as the definitive year for major data breaches and payment insecurity. To address concerns about customer data protection and privacy and new security mandates, retailers are shoring up their processes around the transmission of sensitive data,” said Noel Goggin, executive vice president and general manager, Epicor Retail. “Now they can rest easier, relying on the Epicor Retail Store solution — now featuring the industry’s leading technology to streamline and secure electronic payment acceptance at the point of sale.”

“Retailers that leverage the Epicor Retail Store point-of-sale solution integrated with FIPay solutions, aren’t just getting leading integrated electronic payment technology, they are getting a solution backed by proven expertise in the electronic payment industry, with the flexibility and agility to quickly respond to industry changes without the need for extensive modifications,” said Bohdan Myroniw, director-Business Development with AJB Software.

www.epicor.com

Dec 22, 2004Cassie Balentine
Improved IaaS SecurityCisco Puts the Cloud To Work at CES 2015
Product Centrics
TrueNAS Open Source Storage Platform brings Full Windows ACL Support to Linux

Fully featured Windows file system ACLs are well supported in TrueNAS 12.0 (CORE and Enterprise), but not generally supported by Linux. Thanks to some innovation, and sweat from the iXsystems engineering team, TrueNAS SCALE 21.08...

Driving Successful Digital Transformation Initiatives in 2022

Well, the end of the year is the perfect time to reflect on all the past year's activities and plan for the coming year. As we plan for 2022, one thing...

Recovery Platforms

Established in 2013, Imanis Data, previously Talena...

Data Driven Efficiency

Founded in 2003, Tableau is a public software company...

Updated Hitachi CRM

Building Product Manufacturers (BPM) require...

Quick Links
Untitled Document
SW500 SW500 SW500 SW500 SW500
2022 © Rockport Custom Publishing, LLC