"Your papers please" down at the local mall

[David Farber <dave () farber net>]

Begin forwarded message:

From: "Richard M. Smith" <rms () computerbytesman com>
Date: October 22, 2004 2:00:22 PM EDT
To: farber () cis upenn edu
Subject: "Your papers please" down at the local mall

Hi,

Fortune Magazine has just run a story showing how drivers licenses and 
the
Internet are being used to track "bad" customers who return too much
merchandise at clothing stores.  Here is a link to the Fortune article:

   Sorry, Your Return Is No Good Here
   http://www.fortune.com/fortune/print/0,15935,710662,00.html

Here's how the system works:

   http://www.returnexchange.com/about/index.asp

   Our signature product, Verify-1, utilizes an ASP model
   to provide return authorization services that are
   initiated by either a VeriFone or similar type platform
   on a retailer's POS system. A driver's license or state I.D.
   card is swiped through these devices to initiate a product
   return, and similar to credit card or check verification,
   the data is transmitted to The Return Exchange's host
   server for an approval for return authorization. We detect
   fraud through utilization of deterministic rules, statistical
   models and a shared return information database.

Missing from the Web site is any brag list of customers and names and 
bios
of management personnel of the company.  Looks like the company values 
its
privacy.

Richard M. Smith
http://www.ComputerBytesMan.com



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