Can Facial Recognition CCTV Prevent Theft, Plus Fake Slip ‘n’ Trip Claims?

Any insurance company or broker active in commercial, property, shopping malls and many other specialised niches within insurance knows that theft is an ongoing issue. Not just the professional thieves, but sometimes there are bad actors within the workplace too.

In recent years, low cost CCTV, with its inherently variable image quality, has been the only real deterrent for many business owners. But now new technology is set to make its mark, although there are data privacy laws surrounding facial recognition and people are obviously concerned about who has their images, where they are stored and for how long. Here’s interesting news from Vista;

Vista CCTV and Facewatch, the UK’s leading retail crime deterrent solution using facial recognition, are excited to announce their new partnership to deliver facial recognition software to the security industry.

This new alliance offers large and small business owners alike the opportunity to secure their establishments against low-level crime without needing to replace any current cameras or systems. This new tech could act as a useful tool in fighting fake slip and trip type insurance claims made by customers visiting retail premises too.

Insurance fraud cases fake claims

Dean Kernot, Vista Sales & Marketing Manager, comments:

This is a really exciting partnership. Retail crime is a growing issue for retailers and Facewatch offers a legal and safe way to provide a deterrent to both shop theft and violence in store. Vista will be working with our network to train, support and deliver this new ground-breaking technology.”

Nick Fisher, CEO, Facewatch

“The Facewatch facial recognition system delivers a game-changing technology which is incredibly accurate and fully GDPR compliant. Our solution is aimed at making the retail and hospitality environment safer by providing a deterrent against store theft and bad behaviour. As a technology focussed business, we can only succeed by working with established and successful partners in the security industry that share our goals and passion.”

The Facewatch facial recognition solution is fully GDPR compliant and Facewatch remains the data controller. Already an established provider of facial recognition solutions, this has been tested extensively in the retail sector over the last 18 months.

Facewatch is sold as a licensed-based product, creating a recurring revenue stream for installers who will provide ongoing technical and product management support to their customers.

The solution will be available via Vista accredited partners who have been trained both in practical security system set up and ensuring end user compliance whilst using the Facewatch system.

Vista CCTV company background:

Vista is a UK based manufacturer of Video Surveillance Systems and hosted Access Control systems. Owned and exclusively distributed by leading security supplier Norbain SD, we have made it our mission to understand our customers’ needs.

 

About InsuranceEdgeEditor (2813 Articles)
20 years experience as a journalist and magazine editor. I'm your contact for press releases, events, news and commercial opportunities at Insurance-Edge.Net

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