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Riskified Reviews & Product Details - Page 3

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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1 person requested security information

Riskified Media

Riskified Demo - WebApp.png
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.
Trinidad P.
TP
Fraud Prevention Manager
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Riskified?

The partnership you create with your account manager. They are always there when you need them. My AM is always checking in and working with us to increase our approval rate. Review collected by and hosted on G2.com.

What do you dislike about Riskified?

Not many things to dislike. I would say maybe some more reporting features in the web app. They have a lot of data and will still provide it but you need to ask for it. It's not readily available in the web app but I have asked and received it from my AM. Review collected by and hosted on G2.com.

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

Reducing our manual review work load and increasing sales by reducing false positives. I think the best benefit is realizing that LP doesn't have to always hinder sales but can actually generate revenue with Riskified help of the many products they offer. Review collected by and hosted on G2.com.

Jordan F.
JF
Lead Payments
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Riskified?

The simplicity of the product offering, with 4-5 simple products to use. The reactiveness of Riskified teams: engineering, account managers, etc.

The effectiveness of the product: it just works, it does not require heavy maintenance. Review collected by and hosted on G2.com.

What do you dislike about Riskified?

The dashboard: it is too simple, no KPIs. We need you to make sense of all of the data that you collect, to give us insights, ideas for improvements, etc.

The API documentation: way too complicated. Take a look at Stripe to have best in class example

There are no mobile SDKs, yet more than 50% of ecommerce is mobile in some countries.

The pricing model: not transparent enough Review collected by and hosted on G2.com.

Recommendations to others considering Riskified:

Good company to work with if you're an ecommerce looking to invest some money in fighting fraud, but arent thinking of hiring a full team Review collected by and hosted on G2.com.

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

- Less fraud FTEs

- Easier payments fraud management

- Saving money on disputing chargebacks

- Securing the login steps on our apps/website Review collected by and hosted on G2.com.

OR
Client Services Advisor
Enterprise(> 1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
(Original )Information
What do you like best about Riskified?

I like how Riskifified makes it easy to check potential fraud orders and it shows a history if there are past declined orders for the client. Review collected by and hosted on G2.com.

What do you dislike about Riskified?

I dislike how it kicks you off every 15 minutes. It would be convenient to stay signed in as long as I have the browser open. Review collected by and hosted on G2.com.

Recommendations to others considering Riskified:

Easy way to catch Fraud orders and potential spammers. Using their address and phone number from their order, you can submit their information for a second view via Riskified. Review collected by and hosted on G2.com.

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

Riskified makes it easy to catch fraudulent orders and cancel them before they process/ ship. Review collected by and hosted on G2.com.

Verified User in Retail
UR
Enterprise(> 1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Riskified?

The best is the flexibility to customize your suitable sistem. You can select which level of control you want, but also the system can balance itself with the data you are sharing, so if you are able to share a lot of info on customers, returns,... the system will work in the best way. Review collected by and hosted on G2.com.

What do you dislike about Riskified?

The possibility to also have a direct contact to the customer via Riskified platform could be very useful. Review collected by and hosted on G2.com.

Recommendations to others considering Riskified:

Yes, absolutely. The fraud management is considered one of the most important topic in Ecommerce Ops in the last years, so having a fantastic tool as Riskified could boost the ecommerce performances. Review collected by and hosted on G2.com.

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

The problem of fraud check and management, but also understand which are the 'bad' behaviour of the customers. Review collected by and hosted on G2.com.

Verified User in Retail
UR
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Riskified?

I like the system's speed, so I can make decisions promptly, since there are dozens of situations to review each day. Even the review process is extremely quick, so that I can come back to it after a short time and get a verdict. Riskified also allows me to make an extra submission for further review, and that is useful. Furthermore, it is easy to use, and I can train new team members on how to use it within a short amount of time. The customizable email notifications are helpful. I like the ability to form quantifiable reports from its data, and that is very useful for creating new internal strategies and Loss Prevention, as our teams can assess and compare data from different regions and countries. One of the best things is that if a transaction somehow passes Riskified but is actually fraudulent, Riskified has our company covered towards presenting evidence for a reimbursement. All of it makes us feel secure and protected. Review collected by and hosted on G2.com.

What do you dislike about Riskified?

I use multiple aspects of it each day, and I have not found anything to dislike about it yet. That makes this technology extremely valuable because many others are full of glitches and systematic hiccups. This is smooth and professional! Review collected by and hosted on G2.com.

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

it prevents fraudsters from causing revenue/product loss for our company. Consequently, that saves us from having to make Lost Package claims. It also stops schemers who might initiate chargeback scams. All of that allows us to save time and apply it in other valuable ways within or organization. The less scams and claims that we must submit also streamlines our interactions with shippers and couriers, so the assistance is exponential to them, too. Riskified's algorithms notice a wide spectrum of factors, and it researches them with thoroughness and promptness. Review collected by and hosted on G2.com.

Verified User in Entertainment
AE
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Riskified?

Obviously, the best two factors of Riskified are the chargeback guarantee, and the lack of involvement necessary. The chargeback guarantee means that any order approved by the service has no liability. This is particularly beneficial in using Riskified as a secondary vendor to a manual review tool, as they can "rescue" orders and increase sales with no fraud risk. The second factor around the lack of team means that adding Riskified--either as a primary or secondary vendor--involves none of the pain points that can come with growing a team such as hiring, training, and so on. Review collected by and hosted on G2.com.

What do you dislike about Riskified?

The main downside of Riskified is that cost associated with the service for certain types of transactions. Depending on your risk profile, it is possibly 90% or more of the transactions coming through your platform can be resolved with almost no chance of fraud. In that case, it can be difficult to justify paying the cost of Riskified's service (as opposed to a manual review tool) for comparatively low-risk, since the chance you will benefit from the chargeback guarantee on these orders is low. Review collected by and hosted on G2.com.

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

With Riskified, we are able to both handle orders which might otherwise sit in our queue past their potential "expiration date," and have them resolved regardless of the schedule of team members working. Additionally, using Riskified as a "secondary" vendor for the majority of our transactions allows us to see the benefits mentioned above of "saving" transactions without taking on the liability risk after an agent has manually declined them. Review collected by and hosted on G2.com.

Tadeo R.
TR
Sr. Customer Experience Advocate
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
(Original )Information
What do you like best about Riskified?

The platform, response times and quality of the service are exemplary Review collected by and hosted on G2.com.

What do you dislike about Riskified?

Nothing so far, I think it currently has the necessary tools for an effective outcome for solution Review collected by and hosted on G2.com.

Recommendations to others considering Riskified:

No recommendations; the UI is pretty easy to use, especially since recently there was an update of this Review collected by and hosted on G2.com.

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

Risk problems that would normally require another level of review Review collected by and hosted on G2.com.

Maurice H.
MH
CEO
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Riskified?

They went deep into understand our product to build a better solution. They even won more of our business because they did such a good job on the subset we started them with. They took the time to understand us. Review collected by and hosted on G2.com.

What do you dislike about Riskified?

Getting started was an extremely big commitment. Review collected by and hosted on G2.com.

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

We are looking to onboard new members easily without friction. Review collected by and hosted on G2.com.

Andrea S.
AS
P
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Riskified?

As said in the title, we're talking about the best anti-fraud solution you can find on the market, quick with the decisions and reliable thanks to their powerful AI.

They have a great team that is capable to realise a great product (I had the possibility to look behind the curtains of their work and I was really amazed by the effort put in developing their tool). Review collected by and hosted on G2.com.

What do you dislike about Riskified?

There's nothing I really dislike about this solution. Review collected by and hosted on G2.com.

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

We fighting fraudsters reducing the risk (and costs) taken by our company (e-commerce) Review collected by and hosted on G2.com.

Harrison G.
HG
Onboarding Manager
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Riskified?

The UI is very useful, API's are easy to use and setup, the responsiveness of our account rep is amazing. Whenever we need an account setup, she get's back to us with the account information within a week. Review collected by and hosted on G2.com.

What do you dislike about Riskified?

Sometimes the 'Testing' phase for our order processing takes longer than we'd like. Our developers every once in a while have some issues making sure the complexity Review collected by and hosted on G2.com.

Recommendations to others considering Riskified:

It's a one stop shop, I highly recommend Review collected by and hosted on G2.com.

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

Avoiding Fraudulent orders and stopping us from eating chargeback costs Review collected by and hosted on G2.com.