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How to fight digital fraud?

People who are using stolen credit cards or simply want to abuse the it systems are calling fraudsters. Aleksei Loos is leading a team of engineers and analysts who are fighting digital fraud at Bolt. Interesting stories, technical nuances and many more in this interview! 00:00 Introduction to Fraud 00:39 Types of Fraud 01:37 Pre-Authorization Fraud 03:19 Foundations of Anti-Fraud Approaches 04:12 Business Rule Engines 06:28 Real-Time Fraud Prevention 11:21 Data Collection for Fraud Detection 19:29 Professional vs. Friendly Fraud 24:22 Chargebacks and Defense Mechanisms 26:55 Credit Card Security Risks 28:02 Handling Fraudulent Orders 28:15 Balancing Fraud Prevention and User Experience 31:55 Complex Fraud Scenarios 37:13 Technical Skills for Fighting Fraud 42:17 Join Our Anti-Fraud Team 43:25 Machine Learning in Fraud Detection 46:48 Anomaly Detection Framework 49:11 Conclusion and Final Thoughts https://vvsevolodovich.dev Patreon:   / vvsevolodovich   Business Oriented System Design Course: https://vvsevolodovich.dev/business-o... Use YOUTUBE20 promocode for a 20% discount! Engineering Position at Fraud: https://bolt.eu/en/careers/positions/... #interview #softwaredevelopment #softwareengineering