Till Data Mining

The Problem

Retailers are looking for ways to reduce shrinkage and cash loss to protect their profits at the point of sale, an area of significant risk. Loss Prevention Leaders need solutions that can help them quickly identify key moments of till fraud or risk at the point of sale.

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The Challenges

Point of sale based malicious activity is significant. The opportunities facing disgruntled employees, those with personal challenges or even those being intimidated when operating checkouts, accepting payments, dealing with cash invites its own challenges. Opportunities through fraudulent refunds, voids, exchanges and discounts provide an easy cover up for those intent on stealing.

Till data is a valuable resource, but it can be difficult to make use of it without the right tools. Video footage can be helpful in identifying risks or malicious behaviour, but it’s not always easy to find the relevant footage when you need it.

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The Solution

Transpeye provides a solution that combines till transactions with video footage to create an all-in-one platform. Our A-EYE™ technologies can efficiently identify key moments of till fraud or risks, whether malicious or compliance-based. This allows retailers to protect their profits and keep their businesses running smoothly.

If you want to be alerted to a specific transaction almost as it happens, then Transpeye is your answer. All this is possible with our EPOS Data Mining module. Transpeye is a combined SAAS (Software as a Solution) and VAAS (Video as a Solution), perfect for the ultimate risk management strategy at the point of sale.

We have software agents that communicate with multiple EPOS terminals to allow risks (based on your business rules) to be identified, encrypted and moved to our all-in-one cloud platform, to then alert you of the risk moment, with visual verification almost in real time when connected to your CCTV system.

We have 100’s of risk-based templates identifying potential risks around EPOS, and the added value from our experts who monitor such is an extended benefit.

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Transpeye Advantages

• Easy to deploy using cloud technology
• Simple but powerful – 3 clicks to view moments of risk
• Combines with single or multiple devices in the risk and security industry
• Quickly detect and investigate your losses from fraud and non-compliance
• Deal with malicious moments and individuals quickly and efficiently
• Reduce losses and maximise profits
• Proven case studies available to discuss
• Supports in-house or outsourced data analysts to reveal risks through to outcome
• Connects through to control rooms, video monitoring stations and ARC’s
• Data analyst support on request