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.Read Source
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.Read Source
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.Read Source
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.Read Source
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.Read Source
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.Read Source
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 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.
Story here:Read Source
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.Read Source
Amanda Thompson writes about how “scan avoidance and ‘sweethearting’ have traditionally been the Achilles heel for retailers in terms of asset protection, because they leave no data trail. Malay Kundu, CEO and founder of StopLift, tells her why.Read Source