Diebold Nixdorf Inc., a provider of retail solutions powering transactions and experiences for more than 150 retailers around the world, has introduced an AI-based checkout solutions to combat shrink, according to a press release.

The "Vynamic Smart Vision I Shrink Reduction" powered by SeeChange's AI and machine learning cloud platform will complement Diebold Nixdorf's already-live AI-based solutions, which enable fresh produce scanning and age verification for restricted sales. Bringing these technologies together on a single platform will provide the ability to scale. The company can deploy its new AI-powered solutions for retailers without disruption through its existing in-store integrations.

The solution will combat common causes of loss, including theft where shoppers deliberately do not scan an item, mistakes where an item is unintentionally not scanned, and situations where shoppers scan only one item of several, use false barcodes or switch them, and pay for some items but leave with more.

By using a consumer facing camera and requiring the shopper's consent to use the application, an algorithm estimates the consumer's age in real time, without storing any consumer information in the system. This enables consumers to privately prove their age in less than 10 seconds.

For purchasing produce priced by weight or quantity, a combination of camera-enabled computer vision and trained algorithms identifies the produce and quantity so shoppers no longer have to, and retailers' margins don't suffer due to misidentified items.

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