
RiskifiedRiskified
Riskified provides a SaaS platform for eCommerce fraud prevention and chargeback protection, enabling merchants to offer frictionless consumer experiences through accurate and real-time decisions.
Vendor
Riskified
Company Website
Product details
Riskified offers a comprehensive SaaS platform designed to combat fraud and minimize chargebacks in eCommerce. Built on advanced analytics and machine learning, this platform processes granular data from devices, behavioral insights, and chargeback histories to make precise real-time decisions. This is achieved through a robust decision engine that leverages historical transaction data and smart linking insights.
Key Features
- Data Collection: Utilizes device data and behavioral insights collected through its storefront Beacon, along with comprehensive knowledge of all chargebacks incurred.
- Merchant Network: Provides a global network of merchants, offering extensive coverage of eCommerce activity and fraud patterns.
- Real-Time Decisions: Employs machine learning to assess transaction attributes and generate optimal decisions quickly.
- Performance Control: Uses unsupervised AI to detect anomalies and suspected fraud rings, allowing swift responses to emerging threats.
- Model Optimization: Incorporates dynamic features and deep learning to enhance predictive models tailored to specific industries or goods.
- Control Center Dashboards: Offers real-time visibility into performance, enabling better understanding of shopper behavior and fraud trends.
- Explainable Machine Learning: Provides context for model decisions to support better fraud management.
Benefits
- Enhanced Consumer Experience: Facilitates frictionless interactions by swiftly approving valid transactions.
- Risk Reduction: Minimizes revenue loss due to fraud and chargebacks by accurately identifying legitimate transactions.
- Cost-Effectiveness: Provides guaranteed real-time decisions, supporting scalable and cost-effective eCommerce operations.