In 2019, retail crime remains one of the most serious problems facing superstores, retail chains and grocery stores. How big of a problem is it? Inventory shrinkage costs the U.S. retail industry over $45 billion each year.
Here are 21 amazing face recognition use cases for 2018, including preventing retail crime, finding missing children, diagnosing diseases and unlocking phones.
Retailers around the world have been using face recognition to create a faster and more convenient checkout experience for some time, and American chains aren’t be far behind.
Here are five ways that facial recognition can transform customer loyalty by enabling VIP service, personalized rewards, the ability to skip lines and more!
Identity automation technology has the power to speed up retail investigations by surfacing actionable intelligence in less than a second.
We think of credit cards as a mature technology, but according to the Federal Trade Commission, more than 167,000 people in the U.S. reported a fraudulent credit card account was opened with their information last year. Fraud at self-checkout machines is also rampant. Data from the ECR Group shows...
Stadiums around the world are using facial recognition for a variety of purposes, ranging from making facilities more secure to improving fan experiences. Here are five ways it's being used right now.
Gartner has made a bold prediction: the global research and advisory firm has predicted that the number of businesses using biometric authentication on smartphone apps for workforce access will grow to 70 percent.
According to Appriss Retail, U.S. retailers saw more than $369B worth of returned products, and $18-24 billion of those returns were fraudulent. There are lots of ways that return fraud is being perpetrated ranging from fake receipts to cloned gift cards. But one of the most common schemes involves...
Unfortunately since 2016, retail robberies have only increased. According to recent data released by The D&D Daily, retail robberies are up 20% since 2016.
Face recognition has gone mainstream, and is used to power a wide range of use cases. Developers have integrated face recognition into phones, laptops and a growing number of apps that use face recognition to protect personal data. Retailers use face recognition to prevent crime and fraud. Banks are...
Organized retail crime continues to be an epidemic, with serial offenders hitting stores repeatedly. During a presentation at this year’s NRF Protect in Anaheim, an executive from a large retailer said he had used facial recognition analytics to discover that the worst offenders entered the same stores repeatedly 3-4...
The D&D Daily released their Q1 Retail Fatalities Report, and there’s some alarming news: retail crime deaths during Q1 have increased 22% over 2016. And while the percentage of retail deaths due to homicide has decreased, the percentage of retail deaths due to violent crime has increased by 12%.
The death of proximity marketing, and in particular beacon marketing, has been foretold a thousand times in just a few years. But having spoken with hundreds of retailers and technologists at industry conferences over the past few months, it’s clear to me that the desire for in-store engagement is...
Not long ago, facial recognition technology seemed more like something out of a science fiction movie than technology you could use from your mobile device. But we’re now seeing a widening landscape of apps that employ facial recognition for a variety of use cases. As this technology gains prevalence...