Fraud Benchmark 2024: Did you know…? Part II

By Katherine Beaty, TEZ Technology Last week in Part I of our latest blog series, the significant toll that fraud takes on organizations across all sectors was discussed, including parking and transportation. The piece examined the financial impacts, red flags organizations can look for, and the individuals most likely to commit fraud. In Part II…

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COVID-19 business disruption inspires radical pivots in hospitality and retail

Contactless payments are exactly opposite of what several dine-in restaurants and stores promoted pre-pandemic. But COVID-19 lockdowns and ongoing consumer concerns about exposure catapulted contactless payments to highest priority for those restaurants, hotels, and retailers who resisted implementing touchless payment platforms in the past. The market’s demand for touchless payment options drives contactless payment integration…

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Changes expected in valet service as dine-in restrictions are lifted

It’s controversial, but governors of some states are relaxing restrictions, allowing dine-in services to resume at restaurants and resurrecting valet business this week. As restaurants open up their doors again, though, there will be some changes: Limit of 10 customers per 500 square feet Employees wearing face coverings at all times Tables placed six feet…

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How often does a valet company get embroiled in car damage claims?

Often enough that operators and owners of commercial real estate invest millions annually in surveillance systems to lower damage claim payouts. Casinos and resorts have fancy camera systems that record the exterior condition of each vehicle when valets drive through a garage parking entrance, but sometimes camera systems are logistically impossible, or a company just…

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