Malay Kundu, Founder/CEO of StopLift Checkout Vision Systems, talks with hosts Peter Barnes and Janet Wu about his artificial intelligence technology that detects unscanned items at manned and self-checkouts worldwide. He also discusses the new Self-Checkout Accelerator, which reduces by 90% the self-checkout’s annoying transaction interventions.
Read SourceBy Susan Campbell
Some grocery stores in Rhode Island and Massachusetts are using artificial intelligence to catch shoplifters.
The technology, called StopLift, analyzes security video to automatically detect theft or errors at the checkout, according to Malay Kundu, the creator of StopLift.
Read SourceStopLift CEO Malay Kundu says that his scan avoidance technology is being used at manned and self-checkouts at retail stores, supermarkets and specialty stores throughout Australia. Up to one out of five items at the self-checkout are not scanned. Shoppers often leave expensive items in a reusable bag while scanning cheaper items. There are many other ways shoppers avoid scanning their purchases at the self-checkout.
Read SourceMalay Kundu, Founder and CEO of StopLift, has developed AI technology to catch a number of different ways both self-checkout customers and cashiers cheat the system.
Read SourceIntentional or not, there’s technology that can spot scan avoidance at the checkout as it happens: StopLift. Using artificial intelligence, it can read and flag checkout behaviors; suspicious transactions can be questioned on the spot; and mistakes can be corrected before anyone is labeled a thief. Losing an item means a retailer or supermarket must sell 50 more at the same price to make up the cost. Malay Kundu, Founder and CEO of StopLift, says his technology can ping you as the scan avoidance occurs.
Read SourceCashiers are “sweethearting” pumpkins and other items for their friends by not scanning them at the checkout. Malay Kundu of StopLift, whose surveillance technology detects sweethearting, says this theft costs retailers $14 billion annually.
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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 SourceMalay Kundu shows how his StopLift technology detects unscanned turkeys and other items at the checkout in a largely unreported crime, costing retailers $14 billion annually.
Read SourceEven 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 SourceTurkeys are being stolen in plain sight at the checkout. Malay Kundu, CEO of StopLift Checkout Vision Systems, has software in supermarkets across the U.S. that is detecting unscanned turkeys and all other items.
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