INSUBCONTINENT EXCLUSIVE:
Meet Riskified, an Israel-based startup that has raised $64 million in total to fight online fraud
The company has built a service that helps you reject transactions from stolen credit cards and approve more transactions from legitimate
clients.If you live in the United States , chances are you know someone who noticed a fraudulent charge for an expensive purchase with their
to you.Online purchases, also known as card-not-present transactions, represent the primary source of fraudulent transactions
uses machine learning to recognize good orders and improve your bottom line
As long as a transaction is approved by the product, the startup offers chargeback protection
If Riskified made the wrong call, the company reimburses fraudulent chargebacks.On the other side of the equation, many e-commerce websites
leave money on the table by rejecting transactions and false declines
You can integrate Riskified with popular e-commerce payment systems and solutions, such as Shopify, Magento and Stripe
Riskified also has an API for more sophisticated implementations.
