Return Abuse is shockingly easy to learn and commit. What looks like a “hack” is actually abuse of Amazon’s refund policy. Return abuse keeps coming up as a huge issue whenever we speak to merchants. Fraudulent returns make up 7-10% of all returns, meaning billions in preventable losses, and its a problem thats getting worse. As many e-commerce pro’s know the fraud pattern is simple. - Order one item from Amazon and use it - Order a second from Temu and keep it packaged - Send the second, identical item to Amazon for a refund Now you have the original you bought from Amazon and your refund. But what does the merchant have? They have an impossible task verifying that the item you returned is not the one you received. Some signals we see adding value for our merchant clients - Consistent use of the same device or IP for multiple high-value returns. - Abnormally high transaction amounts compared to purchase history. - Email, phone number or address reputation history (i.e. are they offtending elsewhere) This is why networks are so important. Our Sonar consortium has added returns abuse signals, to our network of over 2.5bn devices, and our clients make up some of the largest merchants, gift card sellers, platforms and marketplaces like StockX, Blackhawk Network, GoDaddy, Square and Checkout. Com.
Sardine
金融服务
AI Risk Platform for fraud, credit, and compliance. We protect every customer interaction from financial crime.
关于我们
Sardine is the leading AI risk platform for fraud prevention, compliance, and credit underwriting, trusted by enterprises in over 70 countries. Using device intelligence, behavior biometrics, and machine learning, Sardine stops fraud in real time, streamlines compliance, and unifies data across risk teams. Backed by world-class investors and partners including Andreessen Horowitz, Activant Capital, Visa, Experian, Moody’s, and FIS, Sardine is redefining risk management for the real-time economy. Learn more at sardine.ai.
- 网站
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https://www.sardine.ai/
Sardine的外部链接
- 所属行业
- 金融服务
- 规模
- 51-200 人
- 总部
- San Francisco
- 类型
- 私人持股
- 创立
- 2020
- 领域
- Fraud prevention、Fraud Detection、Device Fingerprinting、Behavior Biometrics、Payment Fraud、Chargeback Protection、Chargeback Guarantee、Anti-Money Laundering、Transaction Monitoring、Case Management、SAR filing、AML Compliance、Know Your Customer、Know Your Business、Instant ACH、Risk Scoring、Machine Learning、Document Verification、Identity Verification、KYC和KYB
产品
![点击此处查看Sardine]()
Sardine
防欺诈保护软件
Sardine is the world’s only behavior-infused fraud & compliance platform. We help detect scams before they happen, and subtle changes in user behavior over time that demonstrate fraud, AML or sanctions risk. We then combine this with data enrichment from sources like email, Telco, open banking and bank consortia. This is made available as an API, as machine learning features or raw signals. Customers love Sardine because it is the most powerful and flexible fraud & compliance platform. In the age of AI-driven scams and large-scale data breaches, it is no longer enough to rely on users to authenticate themselves with something they know, are or have. We need to monitor behavior across the entire customer journey. Sardine is available across the customer lifecycle, from onboarding and account funding to payment for financial institutions, Fintech companies, and merchants. Sardine detects more fraud, reduces false positives, and detects more sanctions hits than the competition.
地点
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主要
获取路线
US，San Francisco
Sardine员工
动态
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Our very own Simon Taylor talking to Stripe about how 3% of revenue is lost to fraud. And what's not accounted? Revenue that never came in. ??
Stripe just dropped the annual letter and the numbers are HUGE. $1.4trn of Total Processed Volume, $500m ARR for Billing alone ??. In Q&A with John Collison we discussed. 1. The growing amount of enterprises coming to Stripe (including the university of Oxford founded in 1096, that's a legacy!) 2. Why Fraud is the hottest topic in the industry and what Stripe is doing about it 3. Why the $1.1bn acquisition of Bridge was really about B2B not B2C payments. 4. The competitiveness of Europe and what we need to do to unblock it. Full conversation here ??
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Is this you? Incredible team. Work from anywhere. Incredible benefits. ??
Head of Eng at sardine - fraud, compliance, and payment platform for banks and fintechs
We're looking for staff-level SRE to bring our availability and oncall practice to the next level. Are you the SRE who: - Takes SLO very seriously and excites with achieving high availability - Excels at turning chaos into predictable, automated system - Enjoys working closely with engineering team and have a high impact If so, we should chat! We're still a small team but we've already profiled over 2 billion devices and our volume is keep growing. Reliability is paramount and we need your help. #hiring #SRE #ReliabilityEngineering https://lnkd.in/gxazwdUC
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?? AI bots can be used for fraud. If you just took the CDN basic bot detection you're about to be COOKED. Here's why you need better bot detection ?? Fraudsters are the first to take advantage of new products. Bots have been around for decades. But making them adaptable and sophisticated just got cheaper and faster. Bots can - Steal item descriptions and images to create counterfeit pages - Rapidly create new accounts (new account fraud or NAF). - Cause a spike chargebacks Detecting advanced bots means looking for clues of nonhuman behavior in sessions, or on the client device. Our team has been doing this for decades at giant merchants like Uber, commerce sites like PayPal and in the high seas of digital assets. We can help.
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Coming to Fintech Meetup? So are we! How's a a Chatham House-style conversation led by your favorite creators sound? Kick off the right way with a genuinely special, invite-only dinner and discussion hosted by LoanPro, Taktile, and Sardine on Sunday, March 9 at 6:00 PM Go deeper into what's happening in the industry, with Simon Taylor, Jason Mikula (Taktile & Fintech Business Weekly), and Alex Johnson (Fintech Takes), as we share our perspectives on The Future of Embedded Finance. ?? Where: Yardbird - The Venetian Las Vegas ?? When: Sunday, March 9th | 6:00 PM - 9:00 PM Link to RSVP here: https://lnkd.in/eQrEjAsp
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Deepfakes aren't a buzzword. They're a reality. They've taken high impact scams and masking attacks to another level. We're starting to see this challenge reach critical mass: ?? AI-generated scam content will become increasingly sophisticated ?? Social engineering attacks will leverage deepfake technology for voice and video ?? Scams that start in social media, then move to crypto and banking exploit the gaps between companies, networks and industries. ?? First-party fraud will continue its explosive growth ?? The intersection of these trends creates a perfect storm. Financial institutions can't simply write off these losses - the numbers are too large. They can't just add friction - the competition is too fierce. They need a new approach entirely. What we see our strongest customers doing is doubling down on ML/AI and training custom models to pick up on unique risk flags. They're also participating in cross-industry consortiums to close up key data gaps. And they're making heavy investments into AI to beef up their risk operations.
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