NCR Acquires StopLift To Address Self-Checkout Theft And In-Store Shrink

NCR Corporation has acquired StopLift Checkout Vision Systems, an intelligent computer vision systems provider for retail POS platforms. Financial terms of the transaction were not disclosed.

With the growth of Amazon Go and other competing technologies in the cashierless self-checkout space, NCR is reinforcing its focus on self-checkout solutions.

NCR Acquires StopLift, Gains Powerful Anti-Theft Solution for Self-Checkout

NCR Corporation (NYSE: NCR) today announced that it has acquired StopLift Checkout Vision Systems, a leader in intelligent computer vision systems, to combat theft in the retail business. Financial terms of the transaction were not disclosed.

NCR Acquires StopLift, Gains Powerful Anti-Theft Solution for Self-Checkout

NCR Corporation (NYSE: NCR) today (November 6, 2018) announced that it has acquired StopLift Checkout Vision Systems, a leader in intelligent computer vision systems, to combat theft in the retail business. Financial terms of the transaction were not disclosed.

NCR Buys StopLift to Prevent Theft at Self-Checkout

NCR, the banking and commerce solutions company, announced Tuesday (Nov. 6) that it has acquired StopLift Checkout Vision Systems, an intelligent computer vision system, to combat theft in the retail business.

StopLift Detects & Confirms 3 MILLION Incidents of Unscanned Items at Checkouts Worldwide

StopLift Checkout Vision Systems has now detected and confirmed 3 million incidents of scan-avoidance at both manned and self-checkouts at retailers in the U.S. and around the world.

When No One Is Watching – Combating the potential of theft at the self-checkout, by Craig Guillot

Self-checkout offers a “built-in excuse” if an associate catches perpetrators in the act, says Malay Kundu, founder and CEO of checkout software platform StopLift.  His ScanItAll Self-Checkout AI technology uses artificial intelligence to analyze and compare point-of-sale video and data to clearly identify each retail transaction and spot fraudulent activity.

StopLift in the News: Stores use artificial intelligence to catch shoplifters

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.

StopLift’s Scan-It-All and Self-Checkout Accelerator Anti-Shoplifting Solutions

Artificial Intelligence (AI) technology, patented by StopLift Checkout Vision Systems, analyzes and compares security video and POS data to determine what occurs during each transaction at retail and supermarket checkouts, quickly distinguishing between legitimate and fraudulent behavior.

StopLift AI Loss Preventing Technology Used in Australian Self-Checkouts

StopLift Making an Impact Worldwide – Australia’s TV News Program “A Current Affair”

StopLift is stopping shoplifters at the self-checkout at retailers, supermarkets and specialty stores in Australia.

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From Spotting Terrorists to Detecting Shrink, StopLift Founder Shows How Artificial Intelligence Helps Stop Shoplifters

WBZ / CBS Boston interviewed Malay Kundu of StopLift  who is finding un-scanned items at grocery checkouts and other retail stores. Previously he developed technology to detect terrorists at airports.