Monthly ArchivesDecember 2009

Consider Outsourcing Cashless Payments standard

One of the things that baffles me every time I walk into a retailer struggling with PCI compliance is why management doesn’t consider completely outsourcing all of their cashless payment processing.  I know how we ended up in this situation, but who takes the blame for continuing to push this paradigm forward? Let’s take payments off the table and re-focus on the information we store. Information today is the lifeblood of business.  The value of information is in the process of distilling petabytes of information into actionable tasks that create competitive advantage.  Because information is perceived as highly valuable, the general position of information managers is “store or get access to every piece you can, then we’ll figure out how ...

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