Appriss Retail Receives 2025 RetailTech Breakthrough Award for “Fraud Prevention Solution Provider of the Year”

IRVINE, Calif.--(BUSINESS WIRE)--Appriss Retail, a leading provider of solutions designed to combat returns and claims fraud while safeguarding loyal customers, today announced it has been named “Fraud Prevention Solution Provider of the Year” for the second consecutive year by the RetailTech Breakthrough Awards program, which celebrates the global innovators who are transforming the retail technology landscape.

Appriss Retail was recognized for its solutions, Secure, Engage, and Incident, which help retailers stay agile to business changes, fight shrink, and reduce returns.

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RetailTech Breakthrough, a leading independent market intelligence organization, conducts the industry’s most comprehensive analysis of standout leaders and technologies driving innovation and shaping the future of retail. This year’s program received thousands of nominations from more than 14 countries worldwide, reflecting the global momentum and impact of retail technology advancements.

Appriss Retail was recognized for its solutions, Secure, Engage, and Incident, which help retailers stay agile to business changes, fight shrink, and reduce returns. The company’s collective, omnichannel intelligence platform is trusted by over 60 of the top 100 U.S. retailers, covering 40% of all U.S. omnichannel sales across 150,000 locations.

“Organizations need precise and aggressive tools to tackle retail crime. Our collective, omnichannel intelligence platform has been designed with over 20 years of retail data science expertise and experience to help protect all transactions against fraud and abuse,” said Michael Osborne, CEO, Appriss Retail. “It’s an honor to receive RetailTech Breakthrough’s ‘Fraud Prevention Solution Provider of the Year’ award. We remain committed to innovation and excellence, positioning ourselves as trusted partners for retailers looking to thrive in today's ever-changing retail landscape.”

“Returns fraud and abuse are on the rise, and along with shrink, including theft and organized crime, this amounts to billions in losses for retailers,” said Bryan Vaughn, managing director, RetailTech Breakthrough. “Appriss Retail’s suite of solutions empowers retailers to protect their profits more effectively than ever before. The company’s omnichannel intelligence platform not only addresses critical issues like shrink reduction and returns fraud, but it also empowers retailers to make data-driven decisions to maximize profitability and protect the customer experience.”

Notable innovations from Appriss Retail include:

• Secure, an Exception-Based Reporting solution, helps retailers identify patterns of fraud and theft, operational issues, training opportunities, discount/loyalty abuse, and so much more.
• Engage equips retailers with real-time protection through personalized, behavior-based recommendations on how to handle a consumer’s return and claims transaction.
• Incident + ORC Intelligence, launched last year, utilizes generative AI to fight ORC, supporting investigators with searches across millions of incidents.

To learn more about Appriss Retail’s leading, award-winning solutions, schedule a discovery call.

About Appriss Retail

Appriss Retail provides omnichannel retailers protection against fraud and abuse for every transaction, no matter where it happens. With more than 20 years of data science expertise and experience, we’ve built a collective intelligence platform that is trusted by over 60 of the top 100 U.S. omnichannel retailers, covering 40 percent of all U.S. omnichannel sales across 150,000 locations. Globally, our reach spans 45 countries across six continents. We provide relevant, actionable, and profitable collective intelligence to our customers’ operations, finance, marketing, and loss prevention teams. Our performance-improvement solutions yield measurable results with a return on investment. For more information about Appriss Retail, visit apprissretail.com or our LinkedIn page.

About RetailTech Breakthrough

Part of Tech Breakthrough, a leading market intelligence and recognition platform for global technology innovation and leadership, the RetailTech Breakthrough Awards program is the premier awards and recognition platform devoted to honoring excellence in retail technology companies, services and solutions around the world. The RetailTech Breakthrough Awards provide public recognition for the achievements of retail technology companies and products in categories that include store management, digital displays, checkout automation, workforce tools, smart dressing rooms and more. For more information visit retailtechbreakthrough.com.

Tech Breakthrough LLC does not endorse any vendor, product or service depicted in our recognition programs, and does not advise technology users to select only those vendors with award designations. Tech Breakthrough LLC recognition consists of the opinions of the Tech Breakthrough LLC organization and should not be construed as statements of fact. Tech Breakthrough LLC disclaims all warranties, expressed or implied, with respect to this recognition program, including any warranties of merchantability or fitness for a particular purpose.