Theft Prevention news and trends

Why Cashierless Tech Means Cutting The Line And Reducing Theft
Retail // June 22, 2020

Raz Golan, CEO of Israeli-based mobile checkout company Shopic, says his company started out with the mission of shortening lines in grocery stores — a crowded space in and of itself these days. But with a recent $7.6 million in funding, the startup is on track...

NCR Buys StopLift To Prevent Theft At Self-Checkout
Partnerships / Acquisitions // November 06, 2018

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. In a press release, NCR said financial terms of the transaction were not disclosed. “This acquisition...

Today In Data: B2B VC, Eavesdropper And Amazon Theft Prevention
Today In Data // November 10, 2017

Technology advancements mean two things: innovative solutions that aim to make consumers’ lives easier and a handful of cybercriminals who want to do anything but that. Today in PYMNTS’ data, venture capital boosts B2B FinTech startups, Eavesdropper impacts millions of mobile apps, Amazon has launched...

Interviews & Exclusives
Target’s New Strategy? Locking Up Essentials, Letting Luxury Loose

October 09, 2023
Why do so many shoppers like Target or Walmart? For some, it’s considered a nearby oasis that offers affordable prices on a diverse range of products. From groceries to clothing and electronics, these big format retailers provide a one-stop seamless shopping experience.   However, in light of recent developments in the retail sector, one may wonder […]

Why Cashierless Tech Means Cutting The Line And Reducing Theft

June 22, 2020
Raz Golan, CEO of Israeli-based mobile checkout company Shopic, says his company started out with the mission of shortening lines in grocery stores — a crowded space in and of itself...

Quick Reads
NCR Buys StopLift To Prevent Theft At Self-Checkout

November 06, 2018
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. In a press release, NCR said financial terms of the transaction were not disclosed. “This acquisition will help NCR accelerate growth in our market-leading self-checkout and […]