The world’s largest semiconductor foundry is expanding beyond Taiwan, investing $40 billion in a U.S. factory. It’s a move with immense political and commercial ramifications.
If you’re a fintech shooting for “default alive,” fraud prevention should be at the top of your priority list.
Fraud is a huge, growing threat. Last year, losses to scams increased by as much as 70%. Companies that don’t have adequate fraud prevention may find themselves in trouble quickly. Especially now that most fintech scams come from customers that have been “verified.”
One way to combat fraud is to assemble an expensive, dedicated team of experts whose entire job it is to stay one step ahead of ever-evolving fraud.
Another option? Use Sardine.
It’s like having the best fraud team in the world, available as an API. Sardine uses machine-learning, extensive transaction data, and intelligent rules to stop fraud before it happens. Companies like Brex, MetaMask, AtoB, and Blockchain.com trust Sardine to reduce fraud by as much as 700%. Better yet, thanks to its superior risk modeling, Sardine also improves conversion rates, reducing the number of good customers you turn away. Thanks to Sardine, Blockchain.com’s conversion rate improved by 10% (and it’s still going up).
Take control of your survival and scale without the scams by implementing Sardine today.
To find the original piece, published Dec 18, 2022, follow this link.
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