Infoglide Blog

By Robert Barker, Infoglide Senior Vice President & Chief Marketing Officer When I say “lottery fraud” you probably think of the email scam where an unsolicited message from overseas claims you’ve won a large lottery and asks you to send them money, identity information, or both in order to get a big payoff. Many states [...]

The always insightful Loss Prevention Magazine in its September-October issue features a survey by ECR Europe that should be read by not just Loss Prevention (LP) pros, but also the CFOs of every retail company. Lessons from Low-Shrink Retailers – Nine Ways to Save $18 Billion deserves attention because in researching the loss prevention strategies [...]

When ABC needs a political expert, they call in George Stephanopoulos. For health questions, CNN always seeks out Sanjay Gupta. When we need a Loss Prevention (LP) expert, Jeff Stein always helps out. And when working on a story about retail crime, the world’s news outlets employ University of Florida professor Richard Hollinger. Dr. Hollinger [...]

The headline reads: 9 Twin Liquors employees accused of theft ring. And we’re apt to see more headlines like this, more evidence of employees biting the hand that feeds, according to the new Retail Theft Survey conducted by Jack L. Hayes International. Earlier in the week we reported the survey findings that employee theft is [...]

Loss Prevention (LP) pros, Jack L. Hayes International, released its 19th annual Retail Theft Survey today and the results are, well, shocking. The survey canvassed 23 large retail companies with over 14,000 stores that reported over $537 billion in total annual sales in 2006. These retailers admitted to apprehending 66,507 employees for theft last year, [...]

Good help is hard to find, so the saying goes. Now thanks to identity resolution solutions, retailers are benefiting from this corollary: Hardened criminals are also good to find. Before the hire and even after the hire, it’s good for a company’s bottom line if they can identity potential problems before they happen. According to [...]

Trying to find honest employees can make you feel like Diogenes, the Greek philosopher who walked the streets of Athens looking for an honest man. To help out in his quest, Diogenes carried a lantern with him during the light of day, but purportedly never had much luck. Fortunately, rather than using lanterns, retailers now [...]

Identity resolution fans, twice a day, five days a week, we bring you the latest news and keenest insight. (Yes, there are fans. It’s a niche, but as the need for identity resolution grows in retail, banking, national security and insurance industries, the fan base grows as well.) Below are five reasons you should read [...]

Lately we’ve been covering the Bank Secrecy Act (BSA) in depth, with particular emphasis on the mandate to Know Your Customer (KYC) and Know Your Customer’s Customer (KYCC). To aid in compliance with the BSA’s ambiguous requirement (PDF) to “form a reasonable belief that [the bank] knows the true identity of its customers,” and to [...]

There’s a very interesting study out last week from the Loss Prevention Research Council (LPRC) that Progressive Grocer featured in Retailers Misperceive Extent of Their Own Shrink. In the article there were two factoids that we’d like to call to your attention. First, the report found that “86 percent of respondents said they spend the [...]