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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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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LPM Insider

StopLift Detects 1.5 Million Incidents of Unscanned Items at Checkouts Worldwide

StopLift Checkout Vision Systems has now detected more than 1.5 million incidents of scan-avoidance at both manned and self-checkouts at retailers around the world.

StopLift’s Scan-It-All™ video recognition technology has confirmed more than 1.5 million-plus incidents, which include “sweethearting”, when cashiers pretend to scan merchandise but deliberately bypass the scanner, thus not charging the customer for the merchandise. The customer is often a friend, family member or fellow employee working in tandem with the cashier. Many scan avoidance incidents are also caused by customers using self-checkout.

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