Crime Stopping with Real Time Analytics and Fraud Detection

By eweek  |  Posted 2011-11-30 Email

Retailers, already under economic and competitive pressures, are seeing an increase in theft by shoplifters, employees, and organized retail crime. In addition, individuals are using identity theft to make-off with an untold fortune in merchandise, which they often sell via online auctions, damaging both the retailers and the unfortunate people whose credit lines lay shattered. However, there are a number of technological solutions available to retailers and financial institutions that, when integrated, can combat this financial scourge. By applying sophisticated analytics to detect and flag anomalies in real-time, retailers can stop thieves before any damage is done.

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