Protecting your business, and driving efficiency.
At MavenLP, we combine deep expertise with a uniquely personalized approach to deliver end-to-end loss prevention solutions tailored to your business. From security by design and policy creation to cutting-edge exception reporting and investigative insights, we treat every client as our only client.
Our hands-on, collaborative approach empowers retailers to minimize losses, enhance operational resilience, safeguard profitability, and create an inviting environment where customers love to shop. Explore the Loss Prevention Program Lifecycle below and then contact us to let us know what elements we can help you with.
Technology and fraud prevention
Why It’s Important
As technology evolves, so do fraud tactics. Leveraging advanced tools and systems
is essential to staying ahead of increasingly sophisticated fraud schemes. An
integrated technology approach not only mitigates fraud risks but also streamlines
operations.
Key Elements of Technology and Fraud Prevention
- Exception-Based Reporting (EBR): Use EBR systems to identify irregular
patterns in sales, voids, and refunds, enabling early detection of fraudulent
activities. - Integrated Security Systems: Combine data from EAS, POS, and CCTV
systems for a unified view of security events. This integration helps to pinpoint
fraud sources efficiently. - Transaction Monitoring: Implement real-time monitoring for high-risk
transactions such as large discounts, gift card purchases, and excessive
refunds. - Fraud Awareness Training: Educate employees on common fraud tactics,
such as sweet hearting or refund fraud, to enhance vigilance and compliance. - Leveraging AI and Analytics: Adopt AI-powered tools for predictive analysis and anomaly detection, providing actionable insights into potential fraud risks.
How MavenLP Supports Technology and Fraud Prevention
MavenLP’s expertise in EBR implementation and integration ensures a seamless
and efficient fraud prevention program. We provide data-driven insights and training
to help you combat fraud while maximizing the value of your technology investments.
Loss Prevention experts.
At MavenLP, the team is dedicated to advanced data analytics and customer-centric loss prevention strategies. The organization benefits from Kristin Hiner‘s 20+ years of industry experience and a keen focus on leveraging exception-based reporting to enhance customer engagement and streamline operations.
At MavenLP we tailor solutions that empower retailers to achieve operational excellence. Our approach intertwines analytics with deep industry knowledge, ensuring every project we undertake maximizes both client satisfaction and business outcomes.
