September 22, 2026 — BIT’s Stop-Shoplifter solution has been named a winner at the Retail Technology & Design Awards 2026, recognizing its contribution to the use of artificial intelligence and machine learning technologies in retail. The awards ceremony took place as part of the E-Retail Forum.

The Retail Technology & Design Awards are organized by the Ministry of Industry and Trade of the Russian Federation and the Russian Association of Retail Market Experts (RAERR).

The award highlights the growing role of AI and machine learning in retail, as retailers increasingly adopt intelligent technologies to improve operational efficiency, strengthen retail security, and reduce losses.

AI-Powered Technology for Retail

Stop-Shoplifter is a modular retail technology platform that combines video analytics, data analysis, and intelligent information processing. The solution is designed to help retailers identify and reduce losses associated with unwanted and fraudulent activities while improving operational processes across retail stores and other commercial facilities.

By combining AI/ML technologies with retail analytics, Stop-Shoplifter enables businesses to work with large volumes of information and identify patterns that can support more effective decision-making and loss prevention.

“This award is particularly meaningful for BIT. It recognizes not only the technology behind Stop-Shoplifter, but also its practical application of AI and machine learning in retail. We continue to develop our proprietary technologies with a clear focus on solving real-world business challenges,” said BIT.

BIT and the Retail Technology Community

BIT continues to strengthen its cooperation with the professional retail community and industry organizations. In August 2026, the company joined the RAERR Committee for Technology, Innovation and Marketing, which focuses on analyzing retail technology trends and developing practical recommendations for retailers and technology providers.

The recognition at the Retail Technology & Design Awards 2026 marks another important milestone in BIT’s development as a technology partner for the retail industry. It also reinforces the company’s focus on developing proprietary AI-powered retail solutions that address practical business needs and support the digital transformation of retail.

BIT Joins the Technology, Innovation & Marketing Committee

August 4, 2026

BIT (LLC “Company BIT”), a Skolkovo resident and one of Russia’s leading developers of biometric technologies for security and loss prevention, has officially joined the Technology, Innovation & Marketing Committee.

We develop information and analytics systems designed to prevent fraud and mitigate security and operational risks across the retail, financial services, and logistics sectors. Our solutions are powered by facial recognition algorithms that demonstrated strong performance in the international NIST FRVT-2021 (Face Recognition Vendor Test) evaluation. Our software products are also included in the Unified Register of Russian Software.

BIT’s flagship retail solution, IAS Stop-Shoplifter, is designed for intelligent retail loss prevention and shoplifting detection. Developed in compliance with Russian legislation, the system has been deployed since 2014 and is currently used at more than 10,000 retail locations across Russia, Kazakhstan, and Belarus.

Joining the Technology, Innovation & Marketing Committee will enable us to share our expertise, advance innovative AI-powered security technologies, and collaborate with industry peers to help shape the future of retail.