What is Riskified?
Riskified is a leading AI-powered fraud prevention solution designed for eCommerce businesses. By analyzing over 480 data attributes per transaction, Riskified delivers real-time decisions to approve or decline orders, ensuring higher approval rates and reduced fraud. The platform’s chargeback guarantee shifts liability from merchants, providing financial protection against fraudulent chargebacks. Trusted by global brands, Riskified integrates seamlessly with various eCommerce platforms and payment gateways, offering a holistic approach to fraud management.
Riskified Features:
Adaptive Checkout: Dynamically adjusts the checkout process based on transaction risk, enhancing conversion rates.
Chargeback Guarantee: Provides full financial protection against fraudulent chargebacks, shifting liability from merchants.
Dispute Resolve: Automates the collection of evidence and management of chargeback disputes, reducing operational costs.
Recover: Verifies borderline orders to minimize false declines and improve customer satisfaction.
Policy Protect: Identifies and prevents policy abuse, safeguarding promotional campaigns and return policies.
Account Secure: Detects and prevents account takeover attempts, ensuring user account integrity.
Real-Time Decisioning: Delivers instant approve or decline decisions using machine learning models trained on extensive transaction data.
Comprehensive Integrations: Supports integration with platforms like Shopify, Salesforce, Stripe, and more for seamless operation.
Riskified Benefits:
Increased Revenue: Higher approval rates lead to more completed sales and increased revenue.
Reduced Chargebacks: Comprehensive fraud detection minimizes chargeback incidents, saving costs.
Operational Efficiency: Automation of dispute management and order verification reduces manual workload.
Enhanced Customer Experience: Fewer false declines and smoother checkout processes improve customer satisfaction.
Global Expansion Support: Riskified’s scalable solution supports businesses expanding into new markets with confidence.
Use Cases:
eCommerce Retailers: Protect online stores from fraudulent transactions and chargebacks.
Digital Goods Providers: Safeguard digital product sales with real-time fraud detection.
Luxury Brands: Ensure high-value transactions are legitimate, reducing the risk of fraud.
Travel and Ticketing Services: Validate bookings and ticket purchases to prevent fraudulent activities.
Subscription Services: Authenticate recurring transactions and prevent account takeovers.