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Podcast: Fraudology Podcast with Karisse Hendrick
Episode: Newest Refund Fraud Method Targeting Retailers
Description: Fraudology is presented by Sardine. Request a 1:1 product demo at sardine.ai Refund fraud continues to be responsible for more than 3x the average enterprise merchant's chargeback losses, and is growing at a rapid pace. In this episode, Karisse:Provides an overview on why refund fraud is so "easy" to commit, especially for newer fraudsters and GenZ-ers who enjoy gaming the systemGives a high-level overview of refund fraud in general, and why pre-transaction monitoring or "policy abuse" products is not capable of preventing these lossesHighlights the latest refund fraud method top retailers are experiencing and why...