Prevent Fraud

Using advanced analytics to fight new fraud trends

One growing trend in the retail industry is to make Loss Prevention teams responsible for more stores per person and to monitor those stores for more types of loss. The retail environment is changing, and you need better tools to fight ORC, stem the rising tide of return fraud, and quickly address the fraud techniques that have evolved in an omnichannel world.

Yesterday’s analytics solutions cannot keep pace with today’s demands. You need solutions that work hands-free or that streamline the investigation process.

Prevent Internal & External Retail Fraud

The Retail Equation/Sysrepublic  solutions address both employee and consumer fraud. These solutions focus your resources on stopping dishonest and abusive transactions while allowing greater flexibility in accepting returns from good customers.

MINIMIZE PROFIT LOSS / SHRINK

The Retail Equation/Sysrepublic solutions help you identify and address sales reducing activities (SRAs) at the POS, the return counter, the receiving dock, and throughout the store.

STOP ORGANIZED RETAIL CRIME

Fraudulently returning shoplifted merchandise is one of several ways ORC groups take advantage of retailers. Verify recognizes this behavior (and others) and rejects the return.

REDUCE EMPLOYEE FRAUD

Secure Store’s advanced analytics help you quickly discover suspicious employee activity whether they are acting independently, colluding with associates or consumers.

PREVENT FRAUDULENT & ABUSIVE RETURNS

Verify automatically issues warnings or denies returns to consumers who exhibit extreme return behaviors. These retailers save millions per year.

RELAX RETURN POLICIES WITHOUT INCREASING RISK

With Verify to prevent fraudulent and abusive returns, you can offer the generous return policies that consumers desire while still reducing shrink and fraud.

MAXIMIZE THE USE OF DATA INSIDE & OUTISDE YOUR DEPARTMENT

With the world’s largest retail transaction database behind it, The Retail Equation/Sysrepublic data can be used for scoring vendors, SKUs, and employees; loss prevention; marketing; and more.

solutions to prevent fraud

Tesco implemented Secure and achieved a 15 percent overall fraud reduction and a 725 percent ROI the very first year. Secure produces actionable insights (not just data) and provides a feedback loop on system exception performance. It provides a clear view to both regional and company level results.

learn more

Get in touch

Learn more about our solutions