Riskified

Riskified uses AI to offer an end-to-end fraud and risk intelligence platform for e-commerce companies. The platform, designed to optimize revenue while minimizing fraud and policy abuse, is used by some of the world's largest e-commerce companies to ensure chargebacks and support growth.

Riskified's platform helps fraud teams increase approval rates by 4-8 percentage points with a combination of e-commerce expertise, machine learning and automation. It taps into a large, global network of merchants to spot fraud 2-3 times better than competitors in head-to-head pilots. The platform evaluates more than 480 data attributes to make decisions and ensures businesses can grow while maintaining control over risk.

Some of the key features of Riskified include:

• Chargeback Guarantee: Stop fraud and boost revenue with performance guarantees and instant decisions.
• Policy Protect: Stop abuse and reward loyalty by identifying and blocking refund, promo and reseller abuse.
• Dispute Resolve: Streamline chargeback handling and recover revenue through a single, automated platform.
• Account Secure: Protect accounts and prevent takeovers to foster customer trust.
• PSD2 Optimize: Optimize fraud risk vs. customer experience to minimize friction and maximize conversion.

Riskified has helped customers achieve significant results, including a 50% reduction in fraud costs, a 20% reduction in orders sent to manual review and a 1.5% increase in transaction success. The platform can be used across a range of industries, including retail, luxury fashion, digital goods, travel and athletic and outdoor products.

Riskified's explainable machine learning approach and commitment to continually improving performance means ecommerce companies can achieve predictable and profitable growth. Its focus on accuracy at scale and deep data helps make frictionless customer experiences possible without sacrificing fraud protection.

For businesses seeking to accelerate ecommerce growth while minimizing revenue loss, Riskified offers a powerful solution that can be customized to meet specific goals and objectives. By partnering with Riskified, ecommerce companies can ensure secure, fast and seamless payments that unlock new opportunities for expansion and profitability.

Published on June 24, 2024