AI is advancing, but is your fraud team? 👀 You only need one fraud monitoring program and it’s Corgi Labs. Our models are fine tuned to your business, without noise from other industry actors so you can decrease fraud and grow revenue. Sign up today! app.corgilabs.ai
Do you receive 100% of the revenue you earn? Most companies don't. Quick tip #5: If your disputed transactions are often due to fraud --> your transaction processing rules can be adjusted to get you more revenue and less chargebacks. 📈 📉
Do you receive 100% of the revenue you earn? Most companies don't. Quick tip #4: If your dispute or chargeback rates fluctuate --> you might cause customer churn and trigger expensive PSP penalty fees. 🚩
Do you receive 100% of the revenue you earn? Most companies don't. Quick tip #3: If your block rate is unstable or >1.5% --> you're blocking revenue you've earned. 🚫
Do you receive 100% of the revenue you earn? Most companies don't. Quick tip #2: If your total net GMV < your initiated volume --> you're not converting payments into revenue. 💸
Do you receive 100% of the revenue you earn? Most companies don't. Quick tip #1: If your authorisation rate <95% --> you're probably refusing legitimate transactions 🙁
If left unmanaged, friendly fraud can be expensive. Here are some tips to prevent friendly fraud: 1. Communicate clear purchase policies and offer support to boost satisfaction 2. Take measures to authenticate customers 3. Use fraud detection and prevention tools
Ecommerce merchants in APAC saw a 67% increase YoY in revenue spent to manage payment fraud. Even with significant overcorrections, 2.8% of orders led to chargebacks* = less revenue. #paymentinnovation #paymentfraud #fintech
"With 64% of global online retail spending now happening across APAC and a 570% increase in the SEA ecommerce market size since 2016, is it any wonder that fraud is such a challenge in the region?" How are you combatting fraud? 🐶 #paymentinnovation
APAC is leading cashless payments with a 109% increase in transaction volume from 2020 to 2025. This brings increased concern around cybersecurity and financial fraud. Read more below. How are you tackling payment fraud? content.ekata.com/rs/756-OJA-475…
Corgi Labs is available on Stripe! Integration takes less than 3 mins. 😎 1) Download Corgi Labs: lnkd.in/gGqfr45Z 2) Connect your Stripe account 3) Sign in 4) Receive a live payments dashboard tailored to you!
AI is already being applied to complex payment flows. This is critical when order volumes are sky-high especially during the double digit shopping season! What have you applied or tested to ensure you're not leaving GMV on the table? #AI #fraud #payments #Fintech
33% of customers won't shop at a business again following a false decline. That means you're not just missing out on the single purchase, but on that customer's entire lifetime value (LTV). At Corgi Labs, we reduce false declines so more of your payments become actual revenue.
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