NRF 2021 Chapter One January 12-14, 19 and 21-22 in 2021 #NRF2021 NRF 2021: Retail’s Big Show – Chapter One brings an entire industry together, connecting visionary attendees that span the entire business universe. And with our new virtual platform, it’s convenient and easy for you to network with peers and build lasting partnerships. And June 6 see… Read More »
The Kiosk Manufacturer Association is pleased to announce our inclusion on the NRF COVID Industry Resource Partners Headquarters page. From NRF : “The coronavirus pandemic is dramatically affecting businesses all over the world including the retail industry. To support retailers, NRF’s technology, research and consulting industry partners are providing free or discounted resources and guidance. This includes tools,… Read More »
Excerpt from new report by NRF and Forrester covering Retail in 2019 NRF Research The State of Retailing Online 2019 Developed in partnership with Forrester Research, the annual State of Retailing Online report provides an overview of metrics from the previous year as well as retailers’ key priorities, investments and challenges for this year. For the first time,… Read More »
Published on PRNewswire and MarketWatch DSE Kiosk Trade Show next for digital signage kiosks including LG-MRI, Peerless-AV, 22Miles, Optconnect & Zivelo. NRF 2019 Update. WESTMINSTER, Colo., March 22, 2019 /PRNewswire/ — DSE Digital Signage Expo The Kiosk Manufacturer Association is happy to announce that several of its sponsors will be exhibiting next week at DSE 2019. 191 companies in total will be represented.… Read More »
Nice story on facial and recognition and how Fraud-IQ is helping retail in loss prevention.
Merchandise returns cost retailers in the United States more than $350 million in sales last year, including up to $22.8 billion attributed directly to fraudulent returns and abuse, estimates data analytics firm Appriss.
"Fraud is such a big number in retail, one that largely goes unchecked," says Peter Trepp, CEO of FaceFirst, a software firm that provides a security face recognition platform for use in industries including retail, air transportation, casinos, sports and event venues. The company recently unveiled Fraud-IQ, which it calls the first facial recognition product built specifically for use against retail return fraud.
"It’s hard to find tools to combat fraud," Trepp says. "Part of this is because criminals have become so sophisticated. We think [facial recognition] is a contribution to battle this."
The new Fraud-IQ works in two ways to assist retailers. "First, it can identify people entering the store without a package and then showing up at the return counter with goods to return," Trepp says, "and the second works against repeat offenders."
NRF Big Show Wrap The NRF Big Show was a big success for KMA. We were hoping to get some brands to sign up as part of our new Retail Advisory Council and we signed up companies such as Tommy Hilfiger and the New York Mets. NRF Highlights Links The NRF’s 2019 Big Show Features Innovative Solutions –… Read More »