Fortune Business Insights™ News

RecFaces' ready-to-use facial biometrics reduces shoplifting losses by 50%

The ever-increasing number of shoplifting incidents is forcing retailers to turn to facial biometrics as a security measure. This has yielded impressive results: store owners confirm that such security systems identify thieves by their faces and cite a reduction in theft-related losses between 50 and 90%. Modern facial recognition systems employ advanced algorithms that both ensure data privacy and adhere to international GDPR. Retail theft and robberies Retail store managers have...