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Riskified Reviews & Product Details - Page 5

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

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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
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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
ER
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?

Riskified can adapt to our specific usecases and customers to detect fraudulent transactions. UI and integration is simple but do the job for our fraud analysts. Riskified decreased our chargebacks and risks for years now. Review collected by and hosted on G2.com.

What do you dislike about Riskified?

We started to expand our business to Asia and unfortunately decision from Riskified seems a bit random from customers in APAC, maybe related to chinese or japanese characters and email addresses. Review collected by and hosted on G2.com.

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

We've reduced our backlog in Fraud Manual Review and we can also rely on Riskified to cover our loss in case of chargebacks Review collected by and hosted on G2.com.

Victor S.
VS
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 user friendly platoform, allows you to easily navigate through all its possible applications. Review collected by and hosted on G2.com.

What do you dislike about Riskified?

I don't like the fact that when doing a search you are unable to compare more variables to see if you can caught more trends related to the purchase. Review collected by and hosted on G2.com.

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

fraud prevention, back up of the business historical 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
(Original )Information
What do you like best about Riskified?

The timely responses to our requests/emails/questions/suggestions Review collected by and hosted on G2.com.

What do you dislike about Riskified?

I dislike that every decline isnt manually reviewed but understand the reasoning why Review collected by and hosted on G2.com.

Recommendations to others considering Riskified:

HIghly recommend. They are always finding ways to improve. Review collected by and hosted on G2.com.

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

We are solving the fraud problem. Much more efficient than manual review and we like the chargeback coverage. Review collected by and hosted on G2.com.

Verified User in Luxury Goods & Jewelry
UL
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
Business partner of the seller or seller's competitor, not included in G2 scores.
What do you like best about Riskified?

the layout and design. the salient info need to make decisions. the support is also great Review collected by and hosted on G2.com.

What do you dislike about Riskified?

at this point i cannot find anything i dislike. Review collected by and hosted on G2.com.

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

risk related to customer purchases 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
What do you like best about Riskified?

The insurance getting paid if charge back. We did get good support during implementation/migration to our new ecom platform. Review collected by and hosted on G2.com.

What do you dislike about Riskified?

The api/integration docs could be improved in order for a smother integration, the support helped out but it was not very clear which fields should be populated with what. Review collected by and hosted on G2.com.

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

Fraud detection and protection Review collected by and hosted on G2.com.

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

Riskified is a great tool for reviewing fraud and has a great user friendly dashboard Review collected by and hosted on G2.com.

What do you dislike about Riskified?

In my eyes, theres nothing wrong with the riskified platform. Review collected by and hosted on G2.com.

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

Riskified solves fraud Issues for our company Review collected by and hosted on G2.com.

Verified User in Luxury Goods & Jewelry
UL
Mid-Market(51-1000 emp.)
Validated Reviewer
Review source: Seller invite
Incentivized Review
What do you like best about Riskified?

ML and fraud detection in realtime, customer support and dedicated account manager Review collected by and hosted on G2.com.

What do you dislike about Riskified?

I think I don’t see any weakness in our relation with riskified Review collected by and hosted on G2.com.

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

Fraud and near soon account takeover Review collected by and hosted on G2.com.

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

Quick response times and easy to use portal Review collected by and hosted on G2.com.

What do you dislike about Riskified?

there is little visibility into our declines Review collected by and hosted on G2.com.

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

Riskified helps us make a decision on online orders much quicker. We see increased customer satisfaction and little to no losses Review collected by and hosted on G2.com.

Mathieu G.
MG
Senior Business Analyst
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
(Original )Information
What do you like best about Riskified?

Overall, Riskified has a great understanding of our business and clients. Often industry players understand low and mid Average Order Value fraud dynamics, but Riskified understand high AOV fraud dynamics. Over the past 3 years, I have been impressed by Riskified's commitment to deliver improvements that stemmed from our feedback and continuously improving the UI/UX. The ability of Riskified to adapt to our constantly changing business environment is key to our performance, and a integral part of our relationship. Review collected by and hosted on G2.com.

What do you dislike about Riskified?

The opacity of decline categories. What distinguish high-risk from considerable risk ? Why do proportion of declines by categories varies so much when the order's properties do not change as much ?

I also appreciate an interface to create custom business rules; specific declined business rules to decline order for which the risk exposure is high for the merchant but low for Riskified, whitelisting rules for non-insured approvals, and business rules for insured declines where Riskified can insure the order, but the merchant can make a conscious decision based on their risk tolerance. Review collected by and hosted on G2.com.

Recommendations to others considering Riskified:

From my opinion, they're one of the industry player that understands high AOV fraud dynamics the best. Review collected by and hosted on G2.com.

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

Approving the bulk of our orders that have low p() of chargeback. We benefit by using our resources on the higher risk orders; where we can create more value. We also benefit from having a faster approval time on +80% of our volume. Review collected by and hosted on G2.com.

JG
Customer Service Representative
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
(Original )Information
What do you like best about Riskified?

What I like the best is that Riskified, always explains really well why is declining the transaction, Or if the customer is linked to fraudulent activity, existing customers, either by email address, phone, IP address or in Riskified network. Is that helps Riskified but also our internal compliance process. Also with the new modifications to the resubmit the transaction to be review one more time is now easier and faster because with the old form it used to freeze the screen and then we have to refresh the page Review collected by and hosted on G2.com.

What do you dislike about Riskified?

Is not that I dislike, but we started a white-label service with a company that is called Cebuana, and the system was declining a lot of new transfers, for new customers so is a little hard to explian for these customers that is a security measure that our system needs to run. It now fixed but in the past with the old form to re-review the order again, it used to freeze the screen and then we have to refresh the browser or close the window and open it again. Review collected by and hosted on G2.com.

Recommendations to others considering Riskified:

Is a really good service a little complicated to understand on the very first, but once you catch it up is super helpful. Review collected by and hosted on G2.com.

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

The real benefit is that the company is protected against fraudulent chargebacks, Of course we run our own internal security filters but it's super helpful to have extra help. And the problems are that sometimes we can't know for sure if the customer is the one doing the transfer because our service is a phone app/website service, So Riskified is really good with this. Review collected by and hosted on G2.com.