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HM may become the latest merchant to begin charging a fee when customers return items theyve purchased online.The fashion retailer is going to test this initiative, HM CEO Helena Helmersson said Thursday Sept. 29 during a conference call. We are about to test return fees in a few of the markets to see the response from the customers, Helmersson said during the call held in conjunction with the release of t
stanley canada he companys nine-month earnings report covering the period ended Aug. 31.The company will soon test the fees in Norway and the United Kingdom in order to mitigate the rising costs of materials and freight, Bloomberg reported Thursday, citing an interview with Helmersson.An HM spokesperson told PYMNTS via email that
stanley hrnek the company has no additional comments, other than that it is testing online return fees in a few select markets.HM would join a growing number of merchants that are instituting return fees on items purchased online.In the case of HM, the change is being driven by an effort to reduce costs. Helmersson mentioned the tes
stanley germany t of return fees in response to an analyst who asked if the company would introduce such fees like many of its peers have done in response to rising costs.HMs profits for the most recent quarter were impacted by rising costs associated with materials, freight and a stronger U.S. dollar, Helmersson said in the Thursday report.Fast-fashion giant Zara began charging customers the equivalent of $2 to $4 if they want to re Lbjt Starling Bank, Funding Options Team On SMB Finance
IDscan, the unit of GBG, has been granted a U.S. patent for Visage, which is a way of verifying the聽facial component聽of a passport or ID card.In a press release, GBG said the technology does the checking against a databank of faces that have been rounded up from fake, forged and otherwise compromised documents. The company said that, while documents, names and signatures can be easy to forge, facial documents are much harder to fake. The production of fake documents is an industry all of its own now, commented Tamlyn Thompson, MD of IDscan, in the press release announcing the patent. IDscan has always strived to stay one step ahead of the criminals to ensure that our global customers are properly protected. Our authentication software
stanley usa has removed vast numbers of fake documents from circulation; however, the determined and well-financed fraudster will simply acquire a replacement within days. The fraudsters new document may have completely new credentials, but one element will stay the same: the pho
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stanley kaufen ograph. Thats why we have developed a facial recognition system which catalogues these聽fake faces聽and allows the IDscan system to cross-check the new identity document provided against this catalogue. If we find a match, the customer is alerted in less than a second. IDscan was bought by GBG in June 2016 and provides document authentication and facial recognition solutions to banks, airlines, government departments and retailers across the world. This patent gives GBG and IDscan
