GlobalConnect has announced the acquisition of Theft Detective, an automated video monitoring system designed for unattended retail environments.

Theft Detective's patent-pending hardware integrates seamlessly with existing self-checkout kiosks, eliminating the need for expensive and disruptive system overhauls. It allows vending operators and their clients to identify and address theft "in a fraction of the time taken with traditional security cameras," said GlobalConnect.

Theft Detective uses advanced AI to detect suspicious activity and provides instant notifications to operators or one-site security teams, minimising theft and associated losses.

Jeff Whitacre, CEO of GlobalConnect, said: "We're excited to welcome Theft Detective to GlobalConnect's portfolio of vending and market technology products. This groundbreaking technology – automated micro market theft deterrence – perfectly aligns with our mission to empower vending operators with solutions that enhance efficiency and profitability."

"Theft Detective will be a game-changer for unattended retail environments, providing much-needed security and automation, along with real savings."

Terms of the transaction were not disclosed.

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