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Riskified Reviews & Product Details - Page 11

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 Retail
AR
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?

Not having to manually review every order is nice. Review collected by and hosted on G2.com.

What do you dislike about Riskified?

They report weird false positives and have completely missed some blatantly obvious ones. We had a PayPal order on Friday that was a $2k order going to an apartment complex that Riskified approved. We went back and forth, "should we cancel it? well, Riskified approved it". We sat on it overnight and the next morning we had a Chargeback from PayPal. Riskified would have paid it out, but I know that would then affect our approval rate. Used a competitor to Riskified in the past, had better approval rates (99.9% vs. 98.8%) but the cost was much higher. Review collected by and hosted on G2.com.

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

Detecting fraudulent orders. Review collected by and hosted on G2.com.

Jordan B.
JB
Founder
Small-Business(50 or fewer emp.)
Validated Reviewer
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Riskified?

The user interface is very nice and easy to use for all of our agents. The account management team is quick to respond with any questions.

They team is great at communicating any updates, trends and things we should be looking for. Review collected by and hosted on G2.com.

What do you dislike about Riskified?

I think the portal is easy to use, but I think it could integrated in to our system better to give agents more visibility without logging in to another portal. This will come with time. Review collected by and hosted on G2.com.

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

- We have of course minimized our fraud

- Orders are being approved much faster

- More visibility into the purchaser Review collected by and hosted on G2.com.

Verified User in Retail
UR
Small-Business(50 or fewer 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?

Fraud detection is generally very good, and the protection services are great. Most importantly the customer service team is very responsive and helps to address any issues as they arise. Review collected by and hosted on G2.com.

What do you dislike about Riskified?

The submission process can be a little cumbersome when there are a large number of transactions that need to be submitted. Review collected by and hosted on G2.com.

Recommendations to others considering Riskified:

Very effective service for those looking to improve their fraud services Review collected by and hosted on G2.com.

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

Our company uses Riskified to offer fraud protection to our clients. We deal with many chargeback requests and Riskified makes it much easier to detect and receive coverage from fraudulent transactions Review collected by and hosted on G2.com.

DB
Customer Care 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?

I like that when submitting additional information for review of a gift card order we get a response immediately, and when the additional information doesn't give us an approval the help tool reviews the order and there is a decision within a couple of hours. Review collected by and hosted on G2.com.

What do you dislike about Riskified?

To be completely honest, I cannot say that there is anything that I dislike as Riskified helps us in processing legitimate retail gift card orders. Review collected by and hosted on G2.com.

Recommendations to others considering Riskified:

Has the best turnaround and can save you lots of money on fraudulent purchases and is cost effective for larger companies. Review collected by and hosted on G2.com.

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

Approvals and denials for retail gift card orders in small and large amounts. Review collected by and hosted on G2.com.

CP
mS
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 team replies very quickly and it is always open to listen to our feedback Review collected by and hosted on G2.com.

What do you dislike about Riskified?

It declines many orders due to very little details such and sometimes the Post Decline Flow service declines very genuine customers Review collected by and hosted on G2.com.

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

On the one hand, customers are very happy when they finally have the chance to place their order and, on the other hand, we are grateful to have the chance to have a glance on fraudster orders and be aware of it. The good thing is also the possibility to listen to the customer and give feedback to the team. Review collected by and hosted on G2.com.

Verified User in Airlines/Aviation
UA
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 Riskified back-office. It is intuitive and straightforward. Very clear when it comes to understanding the chargebacks received and their payout. Review collected by and hosted on G2.com.

What do you dislike about Riskified?

Having different accounts. It can be confusing to inadvertently be logged into one account when you wanted to have an overall view, but this is quite the small grievance and can be fixed by being more observant and knowing which account you are viewing. :) Review collected by and hosted on G2.com.

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

Our organization is solving fraud-related issues. After a spike in fraud due to adding air bookings on-site, Riskified managed to control the amount of fraud our organization experienced. Review collected by and hosted on G2.com.

Verified User in Hospitality
UH
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 biggest upside is the order filtering tool, which has greatly reduced the fraud chargebacks which we have received. We have an API integration with Braintree and Riskified is able to pick up most (usually missing a couple) of first time chargebacks instantly and reimburses accordingly. Review collected by and hosted on G2.com.

What do you dislike about Riskified?

Riskified has problems with automatically picking up status changes of chargebacks, including when a chargeback is won and goes into pre-arbitration after being initially won. Review collected by and hosted on G2.com.

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

We are currently working on better integration so Riskified can automatically pick up status changes of chargebacks. 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?

The console is easy to use and the dashboard gives you a great snapshot of what's happening. The fraud re-submittal tool is also user-friendly and the quick response is extremely useful. Review collected by and hosted on G2.com.

What do you dislike about Riskified?

Not necessarily a dislike, but the Orders view on the console doesn't really have much purpose to us. If we want to see the particular details of an order, we use the search bar. Review collected by and hosted on G2.com.

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

We've been vulnerable to fraud attacks in the past, and Riskified has been useful in preventing that type of situation from recurring. It takes valuable data points and makes valid decisions that take a lot of the burden off the internal team. Review collected by and hosted on G2.com.

JH
financial controller
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?

The ease of the user interface, seamless integration with shopify, incredibly helpful team, chargebacks feel like a thing of the past Review collected by and hosted on G2.com.

What do you dislike about Riskified?

Wish we had a better understanding of how certain orders get rejected. Review collected by and hosted on G2.com.

Recommendations to others considering Riskified:

Get it now! Review collected by and hosted on G2.com.

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

they have reduced our fraud issues to almost 0%. It has saved us a ton of time. Review collected by and hosted on G2.com.

TG
Mister
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 good and fast help of the support. You can see all details of the customer's payment. Riskified is easy to handle Review collected by and hosted on G2.com.

What do you dislike about Riskified?

Some people gets blocked eventho theyre safe customers. Review collected by and hosted on G2.com.

Recommendations to others considering Riskified:

Its a good tool to control the Payment of the customers. In Case of doubts, just contact the Riskified Support. Review collected by and hosted on G2.com.

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

Payment issues Review collected by and hosted on G2.com.