Remove 2020 Remove Kiosk Remove Loss Prevention
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Priorities for retail security heading into 2022

Cisco Retail

-based retailers said that the COVID-19 pandemic increased risks for their organizations in 2020 and even as shoplifting rates decreased in 2021, the retail shrink rate remained steady at a 5-year high of 1.62%. This statistic is staggering especially when considering only 34% of businesses are investing in fraud prevention measures.

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Retail x Fintech: The Importance of Security in Retail’s Adoption of BOPIS and Payment Installment Plans

Retail TouchPoints

Over the past several months, retailers have experienced challenges and changes they thought they would never see in 2020. This enables consumers to turn their mobile phone into a payment tool at a kiosk, or easily choose a card when completing a transaction on their favorite retail site. He is an active member of the U.S.

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These Were the Top Retail Stories of 2022

VMS

But backrooms filled up, investment money dried up, inflation cut into consumable income, workers sought to organize and loss prevention became a top-of-mind concern. The palm images, after being entered in a kiosk at the 65 locations, link shoppers’ palms to payment cards. Happy New Year. INFLATION ON. YOUR MIND. OF YOUR HANDS.