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Fighting Fraud has Become a CX Differentiator

Payment fraud is becoming exponentially more prominent, and customers are getting worried. Sardine’s Simon Taylor and Soups Ranjan talks through the steps banks need to take next.

Published on November 2022 in Buy Now, Pay Later

FEATURING: Simon Taylor and Soups Ranjan from Sardine

Marketers and product teams spend heavily on acquiring a customer, only to churn them with a bad first experience. Fraud is becoming an increasing problem with customer experiences, with research finding that payment fraud increased by as much as 70% in 2021.

More than ever, we need a new way of looking at fraud prevention, one which deeply inspects user behavior before, during, and after the time of purchase, helping move money fast and without risk, improving the overall customer experience.

I am excited to have Simon Taylor and Soups Ranjan from Sardine on the Banking Transformed Podcast. We discuss why security and risk-management leaders need to focus on ROI, false positive rates, and customer experience to protect the entire payments process.

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