Episode 109

Can Chargebacks help improve online loss rates? w/ Dominick Squeo

Published on: 4th July, 2022

Fraudology is presented by Sardine.

For most card-not-present businesses, chargebacks are seen as an inconvenience and a cost of doing business. But, what if there was a way to learn from your company's chargebacks to not only reduce lost revenue but improve your customers' experience?

Today's guest, Dominick Squeo, former Director of Fraud Investigations at DraftKings & currently a risk consultant for Eilers & Krejcik joins Karisse to talk about their shared experiences & lessons learned by managing chargebacks differently than the industry standard.

Today they will talk about:

  • How starting out on the chargeback side of fraud was a great teacher to Dominick, providing experience that has served him well throughout his career
  • The strange coincidence Dom & Karisse have in common in their careers, the experiences & lessons learned from the methodology Karisse has been "preaching" for years
  • Why pre- and post- chargeback alerts are not the only way to reduce incoming chargeback volume
  • Some of the hidden benefits of performing root cause analysis, a specific path for 1st party misuse (friendly fraud) chargebacks, and strategically responding to the right chargebacks.

Next week, Dominick is back to talk more about his experience working in igaming/online gambling in the US and what every prospective fraud-fighter in this vertical and vendor wanting to enter this market needs to know first.

To connect with Dominick via LinkedIn: https://www.linkedin.com/in/sfd55/

Fraudology is hosted by Karisse Hendrick, a fraud fighter with decades of experience advising hundreds of the biggest ecommerce companies in the world on fraud, chargebacks, and other forms of abuse impacting a company's bottom line.

Connect with her on LinkedIn

She brings her experience, expertise, and extensive network of experts to this podcast semi weekly, on Tuesdays and Thursdays.

Mentioned in this episode:

2023-q4-postroll sardine 1

Next Episode All Episodes Previous Episode
Show artwork for Fraudology Podcast with Karisse Hendrick

About the Podcast

Fraudology Podcast with Karisse Hendrick
Join Fraud Fighter Karisse Hendrick twice a week for deep dive interviews and weekly fraud news.
If you work in online fraud prevention, chances are you've caught the "bug". The bug that makes you passionate about identifying & preventing cybercriminals from getting away with stealing from your company, or your client's companies. Most people who have made cyber-fraud their career have the perfect balance of analytical and social skills, a strong sense of justice and the curiosity that will drive you to go down every path of information until you "crack the case".

Just like sociology is the study of social behavior, and psychology is the study of human behavior, Fraudology is the science and study of fraud.

On the Fraudology podcast, long-time online fraud expert, Karisse Hendrick will dive into all areas of Fraudology from the perspective of a fraud-fighter. With guests ranging from former cybercriminals to fraud-fighters at Fortune 500 companies to law enforcement and others, you will no doubt be entertained, while learning a lot about fraud & other forms of abuse prevention!

Subscribe to be alerted when a new episode is out and please rate & review where you can, to help others find this new & unique podcast!

About your host

Profile picture for Karisse Hendrick

Karisse Hendrick