Modern Treasury partners Sardine to help businesses detect fraud earlier

Modern Treasury and Sardine have formed a strategic partnership to tighten the link between money movement and fraud detection. For retailers and service providers, this means the technical 'pipes' used to collect customer payments or issue refunds are getting an extra layer of automated security. The integration allows businesses to monitor transactions in real-time. It catches high-risk behavior before the money actually leaves the bank or settles. This is particularly useful for businesses offering their own financing or credit programs. You can now verify customer identities and analyze transaction risk more accurately during the onboarding process. By combining payments orchestration with proactive fraud monitoring, the partnership aims to reduce the instances of 'friendly fraud,' account takeovers, and payment reversals. For the operator, this translates to fewer chargebacks and a more streamlined approval process for legitimate customers. The goal is to move money faster without increasing your risk profile. While this sits at the infrastructure level, it directly impacts your ability to offer seamless, instant payment experiences at the point of sale.

Source: Finextra — Lending

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