--- title: Smart fraud detection with MYFUNDBOX and Stripe Radar description: To stay competitive, businesses need to detect fraud without compromising customer experience, and use modern strategies to detect, flag, and resolve fraud in real-time. image: https://blog.myfundbox.com/hubfs/stripe-myfundbox-radar.png --- [![mfblogosmall__1_-removebg-preview](https://blog.myfundbox.com/hs-fs/hubfs/mfblogosmall__1_-removebg-preview.png?width=200&height=83&name=mfblogosmall__1_-removebg-preview.png "mfblogosmall__1_-removebg-preview")](https://myfundbox.com) Open main menu Close main menu - [Home](https://myfundbox.com) [Online Payments](https://blog.myfundbox.com/tag/online-payments) [Subscription Managment](https://blog.myfundbox.com/tag/subscription-managment) [payment processing](https://blog.myfundbox.com/tag/payment-processing) [online business](https://blog.myfundbox.com/tag/online-business) [global Subscription](https://blog.myfundbox.com/tag/global-subscription) [Recurring Billing](https://blog.myfundbox.com/tag/recurring-billing) [invoicing](https://blog.myfundbox.com/tag/invoicing) [PayLinks](https://blog.myfundbox.com/tag/paylinks) [Stripe partner](https://blog.myfundbox.com/tag/stripe-partner) [VAT for EU](https://blog.myfundbox.com/tag/vat-for-eu) [EU Payment methods](https://blog.myfundbox.com/tag/eu-payment-methods) [checkout](https://blog.myfundbox.com/tag/checkout) [Revenue Optimization](https://blog.myfundbox.com/tag/revenue-optimization) [global business](https://blog.myfundbox.com/tag/global-business) [mid-market business](https://blog.myfundbox.com/tag/mid-market-business) [E commerce business](https://blog.myfundbox.com/tag/e-commerce-business) # Smart fraud detection with MYFUNDBOX and Stripe Radar ![Yasmeen Thimiri](https://blog.myfundbox.com/hs-fs/hubfs/IMG_1854.jpeg?width=45&name=IMG_1854.jpeg) [Yasmeen Thimiri](https://blog.myfundbox.com/author/yasmeen-thimiri) [Share this blog post on Twitter](https://twitter.com/intent/tweet?text=I+found+this+interesting+blog+post&url=https://blog.myfundbox.com/smart-fraud-detection-with-myfundbox-and-stripe-radar) [Share this blog post on Facebook](http://www.facebook.com/share.php?u=https://blog.myfundbox.com/smart-fraud-detection-with-myfundbox-and-stripe-radar) [Share this blog post on LinkedIn](http://www.linkedin.com/shareArticle?mini=true&url=https://blog.myfundbox.com/smart-fraud-detection-with-myfundbox-and-stripe-radar) ![](https://blog.myfundbox.com/hubfs/stripe-myfundbox-radar.png) Fraud costs merchants more than an estimated [$20 billion every year](https://www.techradar.com/news/e-commerce-fraud-cost-tops-dollar20-billion-a-year). But beyond that sky-high number are all the ancillary impacts that fraud can have on a business: increased customer churn, lower credit card authorization rates, network and operational costs, and damage to the brand due to customers being incorrectly flagged as fraudsters. To stay competitive, businesses need to detect fraud without compromising customer experience, and use modern strategies to detect, flag, and resolve fraud in real-time. That’s why we’re partnering with Stripe to offer machine-learning powered fraud detection with Stripe #Radar. Radar uses Stripe’s #globalnetwork of customer data and billions of payment data points so that you can make real-time decisions about potentially fraudulent purchases and start protecting your customers and business right away.  Radar is fully integrated with the Stripe platform so that fraud detection comes built-in—#nocode required. You can start protecting against #fraudulent activity right away without the need for any additional integration time or dedicated engineering resources. Radar is a smarter fraud detection platform built to protect your business, your customers, and your bottom line. You can expect reduced operational cost, a lower cost of fraud overall, and lower dispute rates. In fact, Stripe decreased disputes by 26% for businesses using Radar. For #enterprise-scale businesses or organizations with complex fraud-detection needs, Stripe Radar for Fraud Teams is a customizable solution that allows organizations to set custom rules, assign risk thresholds, and glean insights and performance metrics from a single, unified platform. Radar for Fraud Teams even lets organizations see how likely it is they’ll win a transaction dispute, #savingtime and money for their fraud teams. Stripe Radar and Radar for Fraud Teams both provide comprehensive protection against fraud using Stripe’s global network of data points to make decisions about fraudulent behaviour. When a business using Stripe sees a card for the first time, there’s an [89% chance that the card](https://stripe.com/radar) has been used elsewhere on the Stripe network in the past, and those previous encounters with a card offer a significant amount of data to inform our risk assessments. That’s what fraud protection looks like on Day 1 with Stripe Radar and Radar for Fraud Teams.  To learn more about how MYFUNDBOX Subscription Billing and Stripe can help you start protecting your company against fraud, visit our [landing page](https://stripe.com/partners/directory/myfundbox) or connect with our sales team through live chat [here](https://myfundbox.com).  ### Leave a Comment ## Related Articles [![](https://blog.myfundbox.com/hubfs/Fraud%20Protection.png)](https://blog.myfundbox.com/how-stripes-machine-learning-supercharges-your-fraud-protection) [Online Payments](https://blog.myfundbox.com/tag/online-payments) [Subscription Managment](https://blog.myfundbox.com/tag/subscription-managment) [payment processing](https://blog.myfundbox.com/tag/payment-processing) [online business](https://blog.myfundbox.com/tag/online-business) [global Subscription](https://blog.myfundbox.com/tag/global-subscription) [Recurring Billing](https://blog.myfundbox.com/tag/recurring-billing) [invoicing](https://blog.myfundbox.com/tag/invoicing) [PayLinks](https://blog.myfundbox.com/tag/paylinks) [Stripe partner](https://blog.myfundbox.com/tag/stripe-partner) ### [How Stripe’s machine learning supercharges your fraud protection](https://blog.myfundbox.com/how-stripes-machine-learning-supercharges-your-fraud-protection) Ecommerce is growing rapidly. While that presents an immense opportunity for online retailers, it also brings some challenges. As online shopping becomes ubiquitous,... ![Yasmeen Thimiri](https://blog.myfundbox.com/hs-fs/hubfs/IMG_1854.jpeg?width=45&name=IMG_1854.jpeg) [Yasmeen Thimiri](https://blog.myfundbox.com/author/yasmeen-thimiri) [Read More](https://blog.myfundbox.com/how-stripes-machine-learning-supercharges-your-fraud-protection) [![Online fraud](https://blog.myfundbox.com/hubfs/Say%20NO%20to%20online%20fraud!%20(1).jpg)](https://blog.myfundbox.com/four-ways-to-adapt-your-business-to-the-changing-fraud-landscape) [Online Payments](https://blog.myfundbox.com/tag/online-payments) [Subscription Managment](https://blog.myfundbox.com/tag/subscription-managment) [payment processing](https://blog.myfundbox.com/tag/payment-processing) [online business](https://blog.myfundbox.com/tag/online-business) [Recurring Billing](https://blog.myfundbox.com/tag/recurring-billing) [Stripe partner](https://blog.myfundbox.com/tag/stripe-partner) [E commerce business](https://blog.myfundbox.com/tag/e-commerce-business) [MYFUNDBOX](https://blog.myfundbox.com/tag/myfundbox) ### [Four ways to adapt your business to the changing fraud landscape](https://blog.myfundbox.com/four-ways-to-adapt-your-business-to-the-changing-fraud-landscape) What is it that unites ecommerce across size, industry, business model, and geography? The answer, unfortunately, is fraud.  [Asra](https://blog.myfundbox.com/author/asra) [Read More](https://blog.myfundbox.com/four-ways-to-adapt-your-business-to-the-changing-fraud-landscape) [Follow us on Facebook](https://www.facebook.com/myfundbox/) [Follow us on LinkedIn](https://www.linkedin.com/company/myfundbox/?originalSubdomain=in) [Follow us on Twitter](https://twitter.com/MyFundBox_MFB) [Follow us on Instagram](https://www.instagram.com/myfundbox/) [Follow us on Facebook](https://www.facebook.com)