Episode 165

E-commerce Expansion: Coordinated fraud & payment strategies w/ Tin Cheung & Holly Sandberg @ Ticketmaster

Published on: 31st January, 2023

Fraudology is presented by Sardine.

One aspect of leading global fraud operations & strategy successfully is collaborating & coordinating strategies with cross-functional leaders/departments within the company. One of the teams that it's imperative for the fraud team to work closely with is the Payments team (responsible for payments acceptance, product management & often regulatory compliance). 

One example of when the fraud & payments teams need to be aligned most is when the ecommerce/marketplace business makes a decision to expand, either into a new market or to accept a new payment method. Often these teams are responsible for different, yet complimentary aspects of understanding new customer behavior, ensuring current and/or future vendors are capable of meeting the business needs, and all other necessary considerations in the process. 

Often, when a company has a strong payments SME, the fraud department will benefit (and vice versa). That has definitely been the case for Ticketmaster over the last 12 months since Holly Sandberg (Sr. Director of Global Fraud Prevention) joined Tin Cheung (Sr. Director of Global Payments Acceptance) in the same department. Both of these leaders are experts in their own fields, and have enjoyed learning & working with each other on all aspects of the business where payments & fraud intersect. 

On today's episode of Fraudology, both Holly & Tin will share a bit about the importance of creating a multi-level strategy for new and updated processes that enable customers the ability to pay how they want to pay, in the languages & currencies they want to pay in, without risks to the consumer or the merchant of record. 


In addition to discussing some of the more tactical aspects of aligning a fraud & payments strategy, Tin & Holly also expand into more generally applicable topics such as global leadership w/ humility & mentorship in mind, successful aspects of strategy creation & execution, and cohesively doing what's best for the business & their customers. 


To connect with Holly on LinkedIn (Solicitations will not be replied):

https://www.linkedin.com/in/hjsandberg


To connect with Tin on LinkedIn (Solicitations will not be replied): https://www.linkedin.com/in/tscheung

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:

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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!

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Karisse Hendrick