Riskified: Revolutionizing Ecommerce Fraud Protection
In the ever-evolving world of ecommerce, fraud prevention is of utmost importance. Riskified emerges as a leading player with its AI-powered fraud management and risk intelligence platform.
Overview
Riskified offers a comprehensive suite of solutions designed to address various aspects of fraud in the ecommerce space. It enables merchants to retain more revenue and customers by effectively combating fraud and minimizing risks. Leading ecommerce merchants trust Riskified to optimize their operations and drive growth.
Core Features
- Human Ingenuity, AI-Powered Scale: The platform combines human expertise with the power of AI and machine learning. This empowers fraud teams to increase approval rates by 4-8 percentage points. It allows for precise decision-making, leveraging 480+ data attributes. In head-to-head pilots, Riskified has been shown to detect fraud 2-3X better than competitors, thanks to its vast global merchant network.
- Accountable Fraud Management: With accountability at its core, Riskified's approach to fraud management not only helps block fraud but also enables businesses to expand. Forrester's TEI analysis revealed that merchants shifting fraud chargeback liability can attain a significant 594% ROI.
Basic Usage
Merchants can start by communicating their business goals to Riskified. Then, with the help of the company's fraud experts, they can tailor a fraud and abuse strategy customized to their specific needs. Finally, by partnering with Riskified, they can maximize their revenue and experience the benefits of an accountable fraud partner dedicated to their long-term success.
In conclusion, Riskified stands out as a crucial tool for ecommerce merchants looking to thrive in a competitive landscape while safeguarding their business from fraud and ensuring sustainable growth.
