Riskified, a leader in eCommerce risk and fraud intelligence services, announced its integration with commercetools , a leading developer of composable solutions for innovation and scalability of commerce, with the aim of providing advanced solutions for fraud prevention and risk management to all merchants worldwide.
The integration solidifies a partnership founded on the desire to innovate that allows one of the most advanced e-commerce platforms to offer Riskfield’s product, namely the Chargeback Guarantee , a prestigious, award-winning product. Leveraging machine learning and data from a global network of merchants, Riskified secures e-commerce profits by protecting retailers from the risks of financial loss and reputational damage, approving legitimate transactions and rejecting fraud and scams in real time .
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Riskified empowers businesses to grow eCommerce revenues and profit by mitigating risk. The world’s largest merchants and prestige brands partner with Riskified for guaranteed protection against chargebacks, to fight fraud and policy abuse at scale and to improve customer retention. Supported by the largest team of eCommerce risk analysts, data scientists and researchers, Riskified’s machine learning platform analyzes the individual behind each interaction to provide real-time decisions and robust identity-based insights.
SOURCE : BusinessWire