Post-Holiday Retail Returns: Fraud Threat Looms

Returns By the Numbers Addressing Rising Retail Return Rates and Fraud: Enhancing E-commerce Performance The retail industry has witnessed a concerning rise in return rates, resulting in significant financial losses for US-based retailers. In 2022, the costs surged to $816 billion from the previous year’s $761 billion. Online shopping is booming and subsequently brings with […]

Returns on the rise: Fingerprinting to the rescue

There’s no question that the Coronavirus had an enormous impact on the global economy. In the U.S. alone, The Pew Research Center found that 9.6 million workers between the ages of 16 and 64 lost their jobs during the first three quarters of 2020, pushing the unemployment rate up to 8.6% compared to just 3.8% […]

Fingerprinting 101

What is Fingerprinting? Easily implemented at the point of sale or shipping, Entrupy Fingerprinting is a customer-friendly and accurate way to ensure the product returned is the same as the product shipped. The value of Entrupy Fingerprinting goes beyond return fraud detection. It’s also a simple-yet-powerful way to safeguard the supply chain from intrusion of […]

Entrupy Fingerprinting : Helping retailers combat fraud

COVID-19 pandemic has taken the world by storm. World over the governments and enterprises are coming to terms as to how to tackle both health & safety of their people. At the same time they’re exploring ways on the business continuity. Economists are already predicting that we’ve a recession around the corner leading to job […]