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Riskified Reviews & Product Details - Page 10

Riskified Overview

What is Riskified?

Riskified is the market's smartest and most accurate eCommerce fraud management partner, with a machine learning platform powered by a global merchant network to minimize fraud and maximize net revenue, supported by true chargeback guarantee and premium partnership models. With more than 400 million shoppers in 180+ countries on our platform, we evaluate millions of transactions every day. Because this data is fed back into our system, our platform gets smarter with each transaction. Our merchants benefit from all of this data, not just those within their own database. Beyond our robust Chargeback Guarantee product, Riskified has built a comprehensive portfolio of solutions to protect and support merchants across the entire customer lifecycle. With our Account Secure, Policy Protect, and Payment Optimization solutions, we're here to help merchants navigate and stay ahead in the constantly evolving world of eCommerce fraud.

Riskified Details
Product Website
Languages Supported
English
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Product Description

Riskified is a turnkey risk management solution that reviews, approves and guarantees transactions.

How do you position yourself against your competitors?

Riskified is a market leading machine learning fraud management solution.

-We provide a 100% guarantee against fraud-related chargebacks

-We deliver instant decisions

-We are fully automated

-Our process is completely invisible to end-customers

-We are truly global solution, helping protect merchants across continents and industries, vetting transactions from more than 180 countries


Seller Details
Seller
Riskified
Company Website
Year Founded
2013
HQ Location
New York, NY
Twitter
@Riskified
1,852 Twitter followers
LinkedIn® Page
www.linkedin.com
719 employees on LinkedIn®
Ownership
NYSE: RSKD
Description

Riskified is a leading provider of fraud prevention and eCommerce solutions, specializing in helping online merchants increase revenue while minimizing chargebacks and fraudulent transactions. The company's platform leverages advanced machine learning and data analytics to assess the legitimacy of customer transactions in real-time, enabling businesses to make informed decisions. By offering a chargeback guarantee, Riskified empowers retailers to confidently approve more orders and enhance customer experience. For more information, visit their website at https://www.riskified.com.


Nitsan G.
NG
Overview Provided by:
Digital Marketing Manager at Riskified

Recent Riskified Reviews

Verified User
A
Verified UserMid-Market (51-1000 emp.)
5.0 out of 5
"Great experience with Riskified"
Thanks to Riskified, the monitoring of fraud payment is simple and the efficiency of the machine learning had a great impact on the KPI's. The weba...
Sam  C.
SC
Sam C.Mid-Market (51-1000 emp.)
5.0 out of 5
"Partnership in our Fraud prevention efforts"
Attentiveness to concerns and they're responsiveness. Tech support always available and our account rep is never far to get in touch with. They m...
Tania C.
TC
Tania C.Mid-Market (51-1000 emp.)
4.5 out of 5
"It’s a relationship - you’ll get what you put in"
Riskified has a strong analytics team which can provide great insight on risk vectors that may have been undetectable by your organization. They ...
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Riskified Media

Riskified Demo - WebApp.png
Performance tracking and trending over time
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Full access to key performance indicators
Riskified Demo - OrderFlow.png
Riskified order flow
Riskified Demo - DecisionInsights.png
Full transparency into decisions
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214 Riskified Reviews

4.5 out of 5
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214 Riskified Reviews
4.5 out of 5
214 Riskified Reviews
4.5 out of 5

Riskified Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons

Overall Review Sentiment for RiskifiedQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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G2 reviews are authentic and verified.
Verified User in Luxury Goods & Jewelry
UL
Mid-Market(51-1000 emp.)
Validated Reviewer
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Riskified?

Previous to Riskified, we had a payment verification process that was time consuming, strict, and rejected an excess of payments leaving our customers unhappy. Since switching to Riskified, we have increased our retention in customers because of quick and painless payment verification. Review collected by and hosted on G2.com.

What do you dislike about Riskified?

Honestly, I cant think of anything to dislike. The Riskified team is quick to respond and offers help in any way that they can. The close to instant approval or rejection of a payment followed by quick support from the Riskified team lightens the workload for both our transactions team and our support team. Review collected by and hosted on G2.com.

Recommendations to others considering Riskified:

I would recommend Riskified to a company that potentially has high risk transactions and receives large payments. Review collected by and hosted on G2.com.

What problems is Riskified solving and how is that benefiting you?

Our company is transaction with extremely expensive items. Riskified allows us to do so effortlessly by assessing the risk of a payment and being able to quickly make a decision on whether to accept the payment or not. Review collected by and hosted on G2.com.

Verified User in Apparel & Fashion
AA
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Riskified?

I like the piece of mind knowing that I don't have to worry about fraud and that I'm protected against chargebacks. Review collected by and hosted on G2.com.

What do you dislike about Riskified?

I dislike the occasional false positives. While it doesn't happen often, it can create awkward customer service interactions as we don't always know what to tell a customer that has been flagged for fraud. I also prefer to be reimbursed directly for chargebacks vs receiving credit towards next months fees. Review collected by and hosted on G2.com.

Recommendations to others considering Riskified:

Riskified has a long history and solid reputation for analyzing risk in transactions, and reimbursing you when they get it wrong. Review collected by and hosted on G2.com.

What problems is Riskified solving and how is that benefiting you?

Using Riskified has freed up resources that I would normally have to put towards order verification. Review collected by and hosted on G2.com.

SC
ticketing executive
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Riskified?

I find Riskified very helpful when it comes to the way we use it to help ticket our bookings. It helps us identify fraud a lot quicker and also gives us the information that is required when we want to understand the reason behind a riskified no. Review collected by and hosted on G2.com.

What do you dislike about Riskified?

I wouldnt say there is anything i dislike about riskified Review collected by and hosted on G2.com.

What problems is Riskified solving and how is that benefiting you?

we are finding that we get less fraud bookings due to using riskified Review collected by and hosted on G2.com.

Verified User in Apparel & Fashion
AA
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Riskified?

Deploying the app and creating order tags was simple and easy to deploy. We love the fact that we can focus our attention on other business needs versus reviewing orders daily and not having a backlog coming back from the weekend. Review collected by and hosted on G2.com.

What do you dislike about Riskified?

For the initial launch we had some false positives but eventually we sorted out these exceptions. Review collected by and hosted on G2.com.

Recommendations to others considering Riskified:

If you want a 98% approval rating and very little manual intervention by your Fraud/Customer Service team then Riskified is the solution for you. Review collected by and hosted on G2.com.

What problems is Riskified solving and how is that benefiting you?

We had initial issues using out of the box fraud filtering in Shopify. We received a lot of chargebacks but once we implemented Riskified our chargebacks rate dramatically decreased and Riskified 100% covers fraudulent chargebacks for us. Our previous vendor required us to review every order that was flagged for review, Riskified has almost eliminated this process from our workflow. Review collected by and hosted on G2.com.

Chris B.
CB
Solution Architect
Information Technology and Services
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
Business partner of the seller or seller's competitor, not included in G2 scores.
What do you like best about Riskified?

Riskified offers an easy integration to any eCommerce platform. Their onboarding team is very helpful in getting set up with the platform. Review collected by and hosted on G2.com.

What do you dislike about Riskified?

To be honest there haven't been any features I haven't liked. The solution is very flexible so if any issues have come up the Riskified team has been able to resolve them in a timely matter. Review collected by and hosted on G2.com.

What problems is Riskified solving and how is that benefiting you?

Main problems Riskified is solving is fraud protection and detection. Review collected by and hosted on G2.com.

Verified User in Telecommunications
UT
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Riskified?

to see if the payment worked out, what the payment failed, when and where it was ordered, payment method, where to order, order status, was a network and device is used to help with errors, Review collected by and hosted on G2.com.

What do you dislike about Riskified?

not always so easy because only in English, sometimes hard to figure out exactly why order did not work, not easy for beginners to go through, Review collected by and hosted on G2.com.

Recommendations to others considering Riskified:

Einfach ein Super Programm womit man Betrug aus dem Weg gehen kann, wo ersichtlich ist warum eine Zahlung nicht erfolgt ist Review collected by and hosted on G2.com.

What problems is Riskified solving and how is that benefiting you?

to see if the payment worked out, what the payment failed, Fraud Check, Check if an order also Review collected by and hosted on G2.com.

SR
Senior Payment & Fraud Coordinator
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Riskified?

With Rsikified we have to cancel less orders because of suspected fraud. Like that we are directly able to create additional revenue from new customers and also add additional lifetime spending customers to our customer base. Review collected by and hosted on G2.com.

What do you dislike about Riskified?

We would like to have more information for declined orders. Why exactly was an order declined? Review collected by and hosted on G2.com.

What problems is Riskified solving and how is that benefiting you?

-Reducing false positives

-Reducing costs of chargebacks

-Reducing hassle for the customer when using additional fraud verification methods Review collected by and hosted on G2.com.

Verified User in Consumer Electronics
AC
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Riskified?

The ease of setup and operations with Riskified's Shopify connector is exceptional. We've been able to almost fully automate our fraud mitigation practices, which results in a significant amount of found time for our team to focus on growth. Review collected by and hosted on G2.com.

What do you dislike about Riskified?

Billings are in USD only. While that's OK for us (Canadian corp), it can be a bit of a hassle for international businesses that use a different currency as their trading currency. Review collected by and hosted on G2.com.

What problems is Riskified solving and how is that benefiting you?

With Riskified, we've significantly reduced our chargeback rate while maintaining a very high approval rate. The biggest benefits we've realized are to our operating margins and labour productivity of the team. Review collected by and hosted on G2.com.

SG
MRS
Enterprise(> 1000 emp.)
Validated Reviewer
Review source: G2 invite on behalf of seller
Incentivized Review
Business partner of the seller or seller's competitor, not included in G2 scores.
What do you like best about Riskified?

with the implementation of this product, our fraudulent transactions decreased a lot and the functionality after the integration works correctly. with this software also the manual work from our agents decresed a lot. Review collected by and hosted on G2.com.

What do you dislike about Riskified?

at the moment I didn't find any disliked thinks, but i can tell you that the dashboards is not so immediate, sometimes it's too hard to check the transaction, but if you start using it, you'll get used to without problem. Review collected by and hosted on G2.com.

Recommendations to others considering Riskified:

If they have lots of fraudulent transacation, yes. Review collected by and hosted on G2.com.

What problems is Riskified solving and how is that benefiting you?

we had many fraudulent orders but with Riskified we have decreased the fraudulent transactions Review collected by and hosted on G2.com.

Verified User in Retail
AR
Enterprise(> 1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Riskified?

Riskified has a very seemless integration, a great support team, and a willingness to adapt, update, and accommodate to your business. Review collected by and hosted on G2.com.

What do you dislike about Riskified?

In personal experience, there have tended to be occasional hiccups in matching disposition data which can effect chargeback reimbursement. Review collected by and hosted on G2.com.

Recommendations to others considering Riskified:

Riskified is a great tool for both new vendors to the retail space and large companies alike. Their tools are simple to understand and the company is very willing to accommodate to your business needs by updating and modifying their tools and strategies in a personalized way. The support team is great and they are always willing to meet about any arising issues, collaborate on findings, and teach about the tools and products offered. They go above and beyond. Review collected by and hosted on G2.com.

What problems is Riskified solving and how is that benefiting you?

The machine learning model has been super helpful in transaction flows that require a quick and accurate response such as Buy Online - Pick Up in Store. Review collected by and hosted on G2.com.