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Description | Riskified is the AI platform powering the eCommerce revolution. The platform leverages data from billions of orders placed with Riskified merchants, allowing us to track shifts in fraud tactics and shopper preferences across verticals. The Webapp offers people across your organization powerful insights into eCommerce trends, as well as the ability to track performance in real-time. With full visibility into decisions and tools built specifically for their needs, customer service and fraud teams can better interact with shoppers and work more efficiently. Read more | Stripe Radar is a fraud detection software that helps businesses to detect fraud for credit cards and related payments. The software uses its machine learning capabilities to detect and block fraudulent activities in real-time. Stripe Radar collects billions of payment data from other companies that are using the same network and based on this data it assigns risk scores to every new payment besides blocking out payments with high-risk scores automatically. Stripe Radar helps users to distinguish fraudsters from legitimate customers and apply Dynamic 3D Security to eliminate high-risk payments. Seamless partnerships with Mastercard, American Express, Visa and other leading banks, help the software provide timely notifications based on the collected data through SAFE reports and TC40s. Thus eliminating fraudulent charges way before they can cause any harm. Security being the prime concern of Stripe Radar, it tweaks out inbuilt algorithms on a regular basis in order to combat potential frauds and generate compound signals as per convenience. Read more |
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User reviews for Riskified highlight its effectiveness in combating online fraud, particularly regarding chargebacks. Customers commend the platform's ease of use, real-time decision making, and the chargeback guarantee, which provides peace of mind and allows them to focus on core business. However, some users express concerns about occasional false positives that can negatively impact customer experience. Additionally, while the platform is generally praised for its customer service, some users mention the limited visibility into the approval/rejection factors for individual orders. Overall, the reviews suggest Riskified is a valuable tool for businesses aiming to mitigate fraud risks, but further improvements in transparency and customization could enhance its usability. |
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Riskified Custom |
Stripe Radar Others |
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Company Details | Located in: New York, New York Founded in: 2013 | Located in: San Francisco Founded in: 2016 |
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