Episode 173

Fraud-fighter Spotlight: Andrew Austin @ CarMax

Published on: 28th February, 2023

Fraudology is presented by Sardine.

On this episode of Fraudology, Andrew Austin, the Senior Manager of Fraud Technology at Carmax, shares his unique career journey & how it prepared him for his current role, overseeing fraud product/technology for the first & largest omnichannel auto dealer in the US.

Andrew also talks a bit about creating a "mission statement" for his role, and how it aligns with his company's mission statement of providing an "iconic customer experience". He also provides a good overview of the most common fraud issues impacting the auto industry, especially those around identity (from the 2 different types of synthetic fraud to identity theft), and how the US makes detecting identity fraud much more difficult than other countries. Additionally, Andrew emphasizes the importance of providing "targeted friction" (versus "blanketed friction") and creating customized experiences for different customer personas.

Andrew will be back on Fraudology for Thursday's episode, where he & Karisse will talk a bit about a merchant's experience being the target of so much vender attention pre-MRC, provide some "do's & don'ts" to fraud tech salespeople, and Andrew will give a great analogy for the different kinds of "shoppers"/buyers there are when selecting fraud technology for their companies.

To connect with Andrew (solicitations will not be responded to): https://www.linkedin.com/in/awaustin/

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