Stripe Radar in this channel In this channel, Stripe Radar appears in the context of Stripe's work on fraud in the age of agents. In the conversation with Emily Glassberg Sands, Stripe's Head of Data and AI, the discussion moves through how fraud is changing as agents become a new class of internet actor — and how defenses must be rebuilt across the whole customer lifecycle. [^90e39a1e-87e8-5b3f-b9f2-f003e83fd62b@96] What the captured material covers The relevant evidence from the Stripe conversation: [moment: 96] - Fraud targets compute: fraudsters now steal free-trial credits rather than card numbers. One large AI company saw only 4% of free trials convert, with each trial costing $25 in LLM spend — about $625 per paying customer — and most trial users were abusers. [moment: 240] [moment: 374] [^90e39a1e-87e8-5b3f-b9f2-f003e83fd62b@240] [^90e39a1e-87e8-5b3f-b9f2-f003e83fd62b@374] - Defenses move up-funnel: fraud is treated as a full-funnel, customer-lifecycle problem, integrated at sign-up, not only at checkout. This is the framing under which Stripe's fraud-prevention tooling is discussed. [moment: 619] [^90e39a1e-87e8-5b3f-b9f2-f003e83fd62b@619] - Infrastructure for agentic commerce: alongside fraud, the conversation covers the Agent Commerce Protocol (co-created with OpenAI), shared payment tokens that pass credentials merchant-ward without the agent ever seeing them, and Stripe's Link wallet letting consumers decide which agents may request credentials and under what limits. [moment: 2760] [moment: 3139] [^90e39a1e-87e8-5b3f-b9f2-f003e83fd62b@2760] [^90e39a1e-87e8-5b3f-b9f2-f003e83fd62b@3139] How to read this entry Explore the Stripe conversation to understand the fraud landscape Radar-style defenses operate in: fraud shifting from card theft to compute theft, detection moving earlier in the funnel, and payment infrastructure being redesigned for agents. The captured material discusses Stripe's fraud defenses at this level; it does not walk through Radar product mechanics in detail. - Stripe Radar is Stripe's fraud and risk prevention product, and in this channel it sits within the broader discussion of fraud in the agent economy. - The material explains why fraud defense is changing: agents are new internet actors, and fraudsters steal compute (free-trial credits), not just card numbers. - The defense shift: fraud must be integrated at sign-up and across the full customer lifecycle, not only at checkout. - Adjacent infrastructure covered in the same conversation: the Agent Commerce Protocol, shared payment tokens, and consumer-controlled agent credentials via Stripe's Link wallet.