“For now, self-service technology is multiplying the opportunity for dishonesty, rather than eliminating it.” […] “Malay Kundu, who developed a facial recognition system to spot terrorists in airports now uses similar technology to catch a growing contingent of self-checkout thieves.”Read PDF Read Source
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.Read Source
Even that Thanksgiving turkey is costing supermarkets – and you – money. Who’s watching those overhead cameras at the checkout? Supermarkets and retailers have implemented StopLift, whose technology detects unpaid merchandise on the conveyor belt, in the shopping cart, or reusable bag at both the manned and self-checkout.Read Source
One vendor has refined video analytics for retail outlets to the point where it can flag up specific behaviour around scan avoidance, at manned and self-checkout areas, with a high degree of accuracy. Interestingly, Malay Kundu, from StopLift Checkout Vision Systems – the leading player in this field – cut his teeth in facial recognition systems in airports and says that StopLift itself actually grew out of a Harvard Business School research study ‘Project StopLift’ on ‘Retail Loss Prevention’.Read Source
Retail chains worldwide are installing StopLift Checkout Vision Systems’ Scan-It-All video recognition technology to detect scan avoidance incidents at both the manned and self-checkout. From retailers on four continents, including Tesco in the UK, StopLift has already detected and confirmed more than 1.7 million incidents at thousands of checkouts.Read Source
Out of hundreds of companies that applied for the honor, StopLift has been shortlisted by The Retail Fraud Awards for most innovative in-store surveillance.Read Source
Santa hats and holiday gifts are being stolen in plain sight – at both the manned and self-checkout. Overhead cameras at the checkout are detecting the growing theft of retail goods. But who’s watching the cameras?Read Source
StopLift’s ScanItAll™ video analytics software uses your existing checkout cameras to visually determine what occurs during each and every POS transaction to identify loss at both manned and self-checkouts.Read Source
Caught on Camera, Holiday Shoplifting Alert: Thieves Stealing Turkeys at Checkout LinesRead Source
Many people will be picking up their Thanksgiving turkeys this weekend, but not everyone will be paying for them.
Grocery stores are about to see a big spike in turkey thefts. Stolen birds put a huge dent in the stores’ bottom lines. Grocers need to sell 50 turkeys to offset the cost of one theft, which is why many grocers are now investing in a new, high tech set of eyes.Read Source