LP Magazine

JUL-AUG 2019

LP magazine publishes articles for loss prevention, asset protection, and retail professionals covering shrinkage, investigations, shoplifting, internal theft, fraud, technology, best practices, and career development.

Issue link: http://digital.lpportal.com/i/1146652

Contents of this Issue

Navigation

Page 55 of 76

to significantly prevent and reduce employee theft losses at the POS by deterring employee theft. ■ Eliminates Time and Attendance Fraud. When employees are required to use their fingerprints to clock in and out, they must be physically present to punch in, and "buddy punching" is eliminated. Further, the peer pressure and resentment that oftentimes exist in an environment where buddy punching is rampant disappears as well. ■ Improves Operational Efficiencies. No fumbling with or forgetting PINs and passwords. Customers are served more quickly and are happier with the in-store experience because transaction times are greatly improved. Employees simply touch the fingerprint reader to login to the POS terminal. ■ Reduces Operational Costs. Expenses are eliminated by not having to replace worn-out or lost swipe cards or recover forgotten passwords and PINs, which require costly helpdesk calls to reset. Fingerprint biometrics simply don't have these expenses. ■ Holds Employee Accountable. Fingerprint biometrics provide proof of presence, which irrefutably links individuals to their transactions. Employees are held accountable: they cannot pretend to be someone else or share their credentials. Fingerprint biometrics also ensure that managers follow operational procedures: they cannot delegate their authority to approve overrides and discounts to employees. ■ Eliminates Employee Turnover Costs. Since thefts at the POS are eliminated, so are the costs associated with investigating, apprehending, terminating, and prosecuting dishonest employees. The costs of recruiting, hiring, training, and waiting for new employees to become as proficient as the tenured employees are also lessened, impacting bottom-line profitability in a positive way. BIOMETRICS: RETAIL'S BEST KEPT SECRET These unique attributes, called minutiae, are then stored in a mathematical abstraction called a template. Commercial fingerprint biometric systems don't store actual fingerprint images; rather, they only store a representative binary code. © 2019 HID Global Corporation/ASSA ABLOY AB. All rights reserved. HID, HID Global, the HID Blue Brick logo, and the Chain Design are trademarks or registered trademarks of HID Global or its licensor(s)/supplier(s) in the US and other countries and may not be used without permission. In September 2018, HID Global acquired Crossmatch, becoming one of the world's major providers of fingerprint biometric technologies. Under the HID Global brand, our customers will continue to have access to the quality DigitalPersona fingerprint biometric products they have come to know and trust. Powering Trusted Identities | Visit us at hidglobal.com/crossmatch Visit HID at the 40th Annual RLPSA Conference, Booth #813 Eliminates Buddy Punching Prevents Unauthorized Overrides Deters Theft Through Accountability Speeds Transactions BIOMETRICS AT THE POINT OF SALE 55 LP MAGAZINE | JULY–AUGUST 2019

Articles in this issue

Links on this page

Archives of this issue

view archives of LP Magazine - JUL-AUG 2019