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Riskified Reviews & Product Details - Page 15

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

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Performance tracking and trending over time
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Full access to key performance indicators
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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 Consumer Electronics
UC
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?

We are covered against fraudulent transactions - most of the time Riskified will block them for us, but on the occasions that they are let through we can claim the charge back from Riskified Review collected by and hosted on G2.com.

What do you dislike about Riskified?

Occasionally it blocks orders that aren't fraudulent, which can be a bad customer experience Review collected by and hosted on G2.com.

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

Blocking fraudulent orders, coverage against fraud chargebacks Review collected by and hosted on G2.com.

Verified User in Apparel & Fashion
UA
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 real benefit is that the company is protected against fraudulent chargebacks Review collected by and hosted on G2.com.

What do you dislike about Riskified?

When they incorrectly approve an order.. Review collected by and hosted on G2.com.

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

Revenue, avoid fraudulent customers Review collected by and hosted on G2.com.

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

I would have to say that the Riskified Team is the best part about the organization. Not only is the support staff knowledgeable, but they go above and beyond to help achieve our goals. Review collected by and hosted on G2.com.

What do you dislike about Riskified?

I know that every survey tends to have this question but based on the specific capacity in which we leverage Riskified, I cannot say that I have a dislike so far. Review collected by and hosted on G2.com.

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

Riskified helps our team assume more transaction without assuming more risk, but most importantly, they help during the holiday volume without bringing on temporary staff 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
What do you like best about Riskified?

Riskified is fantastic! It just works! We have tried a number of other software that the algorithms just were not up to par and letting through fraudulent orders and holding high #s of orders that were not actual fraud. Review collected by and hosted on G2.com.

What do you dislike about Riskified?

Would be nice to have a faster way to whitelist the order/customers when they reach out to us due to being blocked. Right now has to be donet through email and about a 24 hour turn around which is hard when customers are already upset Review collected by and hosted on G2.com.

Recommendations to others considering Riskified:

Is a great all in one and easy to use solution for fraud management Review collected by and hosted on G2.com.

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

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

Verified User in Apparel & Fashion
UA
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?

A lot of specifications for flagged orders and a very user-friendly platform. Review collected by and hosted on G2.com.

What do you dislike about Riskified?

Riskified is a really user-friendly platform. I sincerely have nothing negative to say. Review collected by and hosted on G2.com.

Recommendations to others considering Riskified:

The best platform, very user-friendly. Riskidied is also very precise when providing reasons for declines or anything that needs to be seen before approving an order, it is truly helpful and minimizes the processing of fraudulent orders. Review collected by and hosted on G2.com.

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

Fraud prevention. Review collected by and hosted on G2.com.

ML
Customer Service
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?

That you ensure we don't get chargebacks Review collected by and hosted on G2.com.

What do you dislike about Riskified?

Following procedure, seems like the reps do not follow the email request we made when they send a follow up. Review collected by and hosted on G2.com.

Recommendations to others considering Riskified:

Would advise that it really does help, especially if your business is in the market of providing a product to others that may be sketch. Review collected by and hosted on G2.com.

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

Less and less chargebacks occurring since we've made the switch. Review collected by and hosted on G2.com.

Verified User in Luxury Goods & Jewelry
AL
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 have used several fraud prevention tools over the years and Riskified is by far the best tool in the market. Identify fraudulent transactions with a great precision almost instantly and it is easy for all agents to understand the dashboard with the reasons of declined or approval.

Customer service is also great and they are quick to solve your questions and also to advice regarding suspicious transactions.

The chargeback representation service makes our life very easy as with a few information we pass to Riskified they manage to represent the case against the credit cards/banks Review collected by and hosted on G2.com.

What do you dislike about Riskified?

Platform can take a while to learn the fraud patterns of your customers so you might want to time wisely the the launch on your company (avoid tricky periods otherwise you will have some extra orders cancelled) Review collected by and hosted on G2.com.

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

We are saving a lot of time and money in fraud controls as the team can use their time to do other valuable activities instead of spending multiple hours a day analysis frauds manually. It is very accurate so we have decreased considerable the chargeback rate without having to sacrifice business 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?

Whenever I have a question or concern, I always receive a quick response from the Riskified team, no matter what the topic is. Review collected by and hosted on G2.com.

What do you dislike about Riskified?

There is not anything I can say that I dislike of Riskified. Review collected by and hosted on G2.com.

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

We're solving most fraud related cases with orders that come into our online service, and Riskified catches them before we ship out merchandise that we will nto get paid for, Review collected by and hosted on G2.com.

Verified User in Airlines/Aviation
UA
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?

Riskified are effective in detecting fraud. In cases where fraudulent orders are approved Riskify reimburse for any chargeback incurred giving peace of mind. Account Managers provide regular feedback and communications Review collected by and hosted on G2.com.

What do you dislike about Riskified?

So far everything has been good. Monthly back up data for invoices could be better Review collected by and hosted on G2.com.

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

Increase in approved orders. Fraudulent transactions are reimbursed, Riskify show passion to continually improve. Review collected by and hosted on G2.com.

Verified User in Food & Beverages
EF
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?

Insurance on approved orders.High approval rate. Review collected by and hosted on G2.com.

What do you dislike about Riskified?

No visibility into the factors that caused Riskified to approve or reject a specific order..Some orders take extra time to review and end up being sent to our fulfillment software. (We have inadvertently shipped rejected orders because of this) Review collected by and hosted on G2.com.

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

Approve more orders, less charge-backs Review collected by and hosted on G2.com.