Israeli facial recognition developer Corsight AI has teamed up with American anti-shoplifting company RaptorVision in a global strategic partnership that will see the former’s technology integrated into the latter’s AI-driven platform for the retail industry.
The partnership offers retailers a combination of leading facial recognition tech, video analytics and AI deep learning to both detect incidents of alleged theft and capture a suspect’s likeness in real-time.
Corsight says its facial detection technology has the rare ability to reliably recognize individuals in a crowded store using existing CCTV cameras, enhancing security, operational efficiency and the user experience.
“Our partnership with RaptorVision represents a significant advance in the evolution of facial intelligence technology for Retail Operators,” said Corsight VP of Product Kai Mizrahi.
“We are thrilled that RaptorVision has tightly integrated Corsight AI’s advanced recognition abilities to address some of the major pain points for retailers effectively,” he said.
“The RaptorVision-Corsight partnership brings together powerful capabilities not found anywhere else,” said RaptorVision VP of Business Development Chris Olson.
“Both Raptor and Corsight bring tremendous value to the Retail Market. By enhancing the retailer’s ability to swiftly and proactively identify and track a person-of-interest (POI) within a store or across a retailer’s network of locations, overall security and loss prevention initiatives are strengthened significantly.”
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