Join Brandon Amoroso for a great discussion with Dan Moshkovich from Chargeflow on the latest D2Z podcast episode. They unravel the complexities of e-commerce chargebacks and how businesses can effectively manage them using advanced AI-driven solutions. Learn why early implementation of chargeback management systems is crucial and discover the potential impacts on your business’s financial health and operational efficiency.
Here's what you'll learn:
🔍 The Evolution of Fraud Prevention: How artificial intelligence has transformed fraud detection in e-commerce from basic rules to advanced predictive systems.
🛡️ The Concept of 'Friendly Fraud': Understanding the challenge of legitimate transactions being disputed dishonestly, and how this affects merchants beyond traditional fraud.
🛡️ Importance of Early Chargeback, Management: Why starting chargeback defense strategies early in your business lifecycle is crucial, similar to having insurance against future disputes.
⚖️ Legal and Financial Impacts of Chargebacks: The serious consequences of mishandling chargebacks, including potential legal issues and significant financial burdens like increased processing fees or having to resort to high-risk merchant accounts.
📊 Utilizing Data Across Merchant Networks: How leveraging shared data from a network of merchants can enhance the effectiveness of chargeback resolutions and improve win rates significantly through AI technology.
Listening to this discussion will equip you with strategies and insights to protect your e-commerce operations from the pervasive issue of chargebacks.
Timestamps
🎤 Introduction to Dan Moshkovich (00:00:00)
🔍 Evolution of Fraud Prevention in E-commerce (00:01:30)
🛡️ Introduction to Chargebacks and 'Friendly Fraud' (00:03:58)
🚨 Challenges in Identifying and Managing Chargebacks (00:05:52)
💼 Impact of Chargebacks on Business and Importance of Early Management (00:10:47)
🔧 Strategic Advantages of Managing Chargebacks through Chargeflow (00:14:12)
⚖️ Legal and Financial Repercussions of Mishandling Chargebacks (00:18:23)
🤖 Optimizing Chargeback Processes with AI and Data Analytics (00:24:37)
🔚 Closing Remarks and Where to Find Chargeflow (00:34:06)
Dan Moshkovich
LinkedIn - https://www.linkedin.com/in/danmoshkovich/
Chargeflow - https://www.chargeflow.io/
Brandon Amoroso:
LinkedIn - https://www.linkedin.com/in/brandonamoroso/
Web - https://brandonamoroso.com/
Instagram - https://www.instagram.com/bamoroso11/
X - https://twitter.com/AmorosoBrandon
Scalis.ai - https://scalis.ai/
