
NODE Podcast · 2025-04-24 · 29 min
From a functionally illiterate dyslexic child to the CEO of a company with the potential to help solve the scourge of multi-billion-dollar card fraud, Ben Jordan has been on a journey. Ben established Safecypher just three years ago on the back his senior leadership roles in payments services and at the forefront of tackling fraud prevention with Europol, and since then his company’s unique dynamic CVV service has proved its mettle. In Ireland, the company has worked with the banking arm of the country’s national post office, An Post, to not just reduce card-not-present (CNP) fraud, but erase it as a problem altogether. It’s a remarkable statistic, and he is now seeking to take the solution to the world. CNP fraud is a problem of staggering scale: Ben tells us in this episode of the NODE podcast that it is estimated 80% of US credit cards are compromised, with 150 million Americans experiencing fraud annually. Prevention methods typically rely on complex risk analysis and, now, AI-driven solutions, but Safecypher’s approach is elegantly simple: a dynamic CVV system that generates a unique three-digit security code for each transaction, right inside people’s usual banking app.