Crime Stopping with Real Time Analytics and Fraud Detection
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.