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•White Paper: Total Cap On Store Fraud: Merchant Guide For Real-Time Loss Prevention

Used with permission from Aberdeen Group. Aberdeen Group is the leading provider of fact-based research focused on the global technology-driven value chain. For additional information, please visit www.aberdeen.com.

In 2005, Aberdeen's Empowered Point- of- Service report indicated that loss prevention emerged as one of the critical technologies for 21^st century retailers. With real shrink (vs. "paper shrink") continuing to rise, retailers need to examine suspicious transactions and customer activity in real-time, not after merchandise has left the store. As a result, this loss prevention report will focus on the implications of the intelligent applications and processes for loss prevention (LP) that can prevent shoplifting, employee theft, and transactional fraud in real-time at retail stores.

Loss, or fraud, prevention is an inseparable part of store-facing point of service technology solutions. Fraud in retail has two primary forms: merchandise and transaction-related fraud. Merchandise fraud leads to expensive inventory write-offs from the merchant bottom line every fiscal year.

Transactional fraud is a store point of sale transaction management-related malaise that retailers face due to fraudulent use of lost, stolen, or counterfeit credit/debit cards, gift cards, and checks by customers and employees.

Click Here To Download:
•White Paper: Total Cap On Store Fraud: Merchant Guide For Real-Time Loss Prevention