Riskified

Riskified

Riskified is an AI-powered platform that enhances fraud prevention for ecommerce businesses, minimizing chargebacks while boosting legitimate sales.

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Riskified at a glance

Pricing
Freemium
Key strengths
Real-time fraud decision making · Automated chargeback management · Enhances customer trust

About Riskified

Riskified is a cutting-edge AI-driven fraud and risk intelligence platform tailored for global ecommerce enterprises seeking to strengthen their fraud prevention efforts. By harnessing advanced eCommerce risk management tools, Riskified empowers businesses to make informed revenue-critical decisions, significantly reducing chargebacks and fraud-related losses. The platform is designed not only to protect against fraudulent transactions but to optimize legitimate sales conversions through a comprehensive suite of features. One of its standout capabilities is the chargeback guarantee, which allows businesses to approve more legitimate transactions without bearing the fraud liability. This feature not only safeguards revenue but also enhances customer satisfaction by reducing friction in the checkout process. Furthermore, Riskified's dispute resolution feature streamlines the management of chargebacks, providing users with a centralized system to oversee chargeback statuses across different gateways and reason codes, thereby preventing missed deadlines through automation. In addition, the policy protection feature effectively identifies and mitigates abusive shopper behavior, ensuring that businesses can defend their policies and maintain profitability. The platform’s account security capabilities protect user accounts from unauthorized access while facilitating smooth transactions for genuine customers, creating a trusting shopping environment. Riskified also offers PSD2 optimization, facilitating a seamless shopping experience by balancing security measures with user convenience, critical in a landscape governed by strict regulatory requirements. Overall, Riskified's platform arms enterprise ecommerce merchants with essential tools to enhance revenue, improve customer experiences, and effectively manage risks associated with fraud and chargebacks, all while enabling sustainable business growth.

Pros

👍 Real-time fraud decision making 👍 Automated chargeback management 👍 Enhances customer trust 👍 Optimizes legitimate sales 👍 Comprehensive risk management tools

Cons

👎 May require integration time 👎 Cost may be high for smaller businesses

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