Riskified

What is Riskified?

Riskified is a company that started back in 2013, founded by Eido Gal and Assaf Feldman. Their main idea was to make online shopping better for everyone involved – both the people running the stores and the customers. They’re really pioneers when it comes to using AI to fight fraud. They use a lot of data and smart machine learning to approve more orders that other systems might flag as risky. Basically, Riskified wants to take the guesswork and risk out of running an online business, helping merchants really thrive. They offer AI-driven tools designed to keep the entire ecommerce shopping process safe and sound, which in turn helps businesses make more money, spend less, and give customers a better experience. Their mission is all about helping businesses grow their ecommerce sales by being smarter about risk. They provide a fraud and risk intelligence solution that tackles fraud, stops policy abuse, and boosts revenue, all while making sure businesses feel confident and successful.

Who created Riskified?

Riskified was founded in 2013 by Eido Gal and Assaf Feldman. Their goal from the start was to improve the ecommerce experience for both merchants and shoppers. The company officially launched on February 21, 2016. Riskified is a leader in using AI to combat fraud. They do this by using big data and machine learning to approve more orders that merchants might otherwise turn down. They provide solutions to protect against things like account takeover attacks and payment issues, helping merchants navigate the online world with much more confidence.

What is Riskified used for?

Riskified helps businesses in a bunch of ways:

• It helps lower operational costs.
• It offers protection against chargeback fraud.
• It assists with dispute resolution.
• It enhances account security.
• It provides policy protection.
• It helps optimize for PSD2 requirements.
• It makes real-time decisions on orders.
• It adapts to your business as it grows.
• It automates chargeback management.
• It prevents policy abuse.
• It protects against account takeover.
• It’s a key tool for fraud prevention.
• It helps maximize revenue.
• It supports business expansion.
• It mitigates various risks.
• It shifts the liability for fraud chargebacks.
• It lets you fine-tune performance based on your risk tolerance and business goals.
• It protects customers from malicious account takeover attempts.
• It helps prevent payment failures right at checkout.
• It allows merchants to block abuse while still being consumer-friendly.
• It aims to remove risk and uncertainty from business operations.
• It empowers ecommerce merchants to succeed in the digital space.
• It safeguards the ecommerce shopping journey using AI.
• It maximizes revenue and profit through AI-powered fraud management.
• It improves revenue and cuts costs by approving more legitimate orders with reliable fraud management.
• It offers AI-powered fraud management.
• It functions as a risk intelligence platform.
• It enables automated decision-making.

Who is Riskified for?

Riskified is a valuable tool for a variety of roles within ecommerce businesses, including:

• Fraud Prevention Managers
• Ecommerce Risk Managers
• Chief Financial Officers (CFOs)
• VPs of Product
• Senior Directors of Fraud
• Ecommerce fraud teams
• General fraud teams
• Financial Officers
• Managers responsible for Fraud Prevention
• VPs of Product
• Directors of Fraud
• Leaders in Ecommerce Risk Management
• Senior Managers focused on Fraud Prevention
• Leaders overseeing Ecommerce Risk Management

How to use Riskified?

To get the most out of Riskified, here’s a simple approach:

1. Understand Your Goals: First, talk about what your business wants to achieve. Are you looking to increase revenue, make customers happier, or both? Knowing this helps figure out how Riskified can best support you.
2. Tailor Your Strategy: Work closely with Riskified’s fraud experts. Together, you can create a fraud and abuse strategy that’s just right for your specific business needs and what you want to accomplish.
3. Maximize Your Revenue: Think of Riskified as a partner you can count on for fraud management. They’re dedicated to delivering good, long-term results for your business.

By using Riskified’s AI-powered tools, you can better protect the entire ecommerce shopping experience. This helps you achieve steady, profitable growth by focusing on these key areas:

• Communicate Your Goals: Figure out where you can boost revenue, improve the customer experience, and reduce fraud and abuse.
• Tailor Your Strategy: Build a business case that’s customized for you, with help from Riskified’s fraud experts.
• Revenue Optimization: See real success by partnering with a fraud management provider that’s accountable and focused on positive, long-term outcomes.

Riskified’s method combines the knowledge of human experts with the power of AI. This gives you fraud management and risk intelligence that truly helps businesses succeed in today’s fast-changing digital world.

By following these steps and using Riskified’s smart solutions, you can increase your revenue, lower your costs, give customers a better experience, and effectively fight fraud and abuse. All of this helps drive your business toward greater growth and profitability.

For more in-depth information and direct help, you can check out Riskified’s resources and request a demo on their website. Being part of their network means you have support and confidence when facing business challenges.

Feel free to explore what Riskified has to offer. It’s a great way to find opportunities for growth and success in the ecommerce world.