How Klarna Uses 100 Different Data Points To Keep BNPL Fraudster-Free
Alternative Payments Tracker®
Fraudsters are circling the buy now, pay later (BNPL) arena in search of ways to scam consumers and merchants. In this month’s “Alternative Payments Tracker,” a PYMNTS and Socure collaboration, Klarna’s Matthew Suraci explains how 100 different data points help them identify the good customers from the bad actors.
Inside the January Tracker
- An interview with Matthew Suraci, head of business development and partnerships at Klarna, about how the buy now, pay later provider authenticates customers using 100 different data points
- The latest alternative payments developments, including why 72% of customers would not purchase from an eCommerce platform again if their item was not received due to seller fraud and how 7% of holiday shoppers leveraged BNPL at some point during the 2021 holidays
- A Deep Dive analyzing why BNPL is so popular among consumers, as well as the potential fraud risks this method poses for consumers
