Retail security – video surveillance tackles the insider threat

Sadly for retailers, whatever their size, it is not just people coming into store intent on shoplifting or trying to sneak items through at the checkout that are causing costly shrinkage. In fact, some estimates suggest that nearly 40 percent of retail crime, by value, can be attributed to the workers themselves as they employ their insider knowledge to steal ever more lucrative items and even, in some cases, to collude with outside elements.

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Talkin’ Turkey

The holidays are upon us which means fun, food, and shopping. A big item to buy at the supermarket is turkeys and a growing trend involves not buying them at all.

Sweethearting” is when a cashier sneaks a turkey through the checkout for a shopper without actually scanning the item.

StopLift is a company implementing new technology to stop this illegal activity.

Tara Jankway chatted with founder Malay Kundu about StopLift’s strategy to save the turkeys.

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Point Of Sale Technology Detects 1.75 MILLION Incidents Of Unscanned Items At Checkout

Shoplifting and insider theft has been around since before currency was invented.  For a number of years now Stoplift Checkout has been providing technology that detects when items are not scanned.  It’s a rather ingenious approach, combining overhead cameras and POS systems to make it happen, but we’ve written about it before and seen it in action, and it really works!

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StopLift’s Scan-It-All Solution Wins Award for ‘Innovative In-Store Surveillance’

Malay Kundu, Founder and CEO of StopLift Checkout Vision Systems, has received an award by Retail Fraud for “Innovative In-Store Surveillance” sponsored by Retail Risk in the UK. The award was presented at Retail Fraud Awards during Retail Risk’s international Loss Prevention conference. StopLift has been awarded over a dozen patents for ScanItAll, which detects non-scanned items at manned and self-checkout, the Achille’s heel of retailers and supermarkets and billions of dollars in shrink.

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