The conversation delves into the origin stories of fraud industry leaders Hui Wang and Bingjie Bai, highlighting their experiences and the evolution of the industry. It also explores the challenges and nuances of detecting first-party fraud, shedding light on the complexities and unique aspects of this type of fraud.
More episodes

EP
6
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Michael Rasile
Michael Rasile, touring drummer turned fan-experience leader at Front Row and partner at Ceremony of Roses, joins Arthi and Jayan to talk about what really happens inside the war room when a major artist drop goes live. He walks through the Harry Styles drop that "looked like a roulette machine," the trade-off between blocking freight forwarders and protecting Billboard chart eligibility, why the line between a super-fan and a fraudster is razor-thin, and the under-discussed rise in chargeback abuse he believes is being fueled by AI cynicism toward the internet.

EP
5
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Michael Vergara
When is fraud really abuse, and when is abuse just a customer taking advantage of a policy you left open? In our latest In a Pinch episode, Mike Vergara (veteran risk leader across RSA, PayPal, Blackhawk, and now Trustly) makes the case for a product-first approach to risk, unpacks the rise of first-party abuse, and shares the origin story of "human-in-the-loop" at PayPal a decade before the term existed. A must-listen for anyone building in fraud, risk, product, or fintech.

EP
4
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Philipp Barthold
We sit down with Philipp, CTO of Lux Experience, the parent company behind iconic luxury fashion retailers Mytheresa, Net-a-Porter, and Mr. Porter. Philipp shares his journey from building neural networks for payment fraud detection in 2004 to running technology for one of the world's largest luxury e-commerce operations. The conversation dives deep into the unique fraud challenges of high-end retail (including a wild fake FedEx truck heist).
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