Ephraim Rinsky

The New & Improved Riskified Cost of Fraud Calculator

Many of the conversations Riskified has with eCommerce merchants revolve around quantifying the impact of CNP fraud on their online business. It’s a tricky thing to figure out. There are chargebacks, sure, but then there are the costs associated with preventing fraud, like detection tools and operational expenses. And most hard to measure are false … Continued

Why CFOs Should Care About Fraud Prevention

Most CFOs don’t spend time thinking about fraud management – and that might be a mistake. The steps taken by your eCommerce operation to manage fraud directly impact your bottom line. An approach steered by fear of fraud will hurt business’ cash flow through lower approval rates – and on the flip side, an operation … Continued

Five Ecommerce and Fraud Trends to Expect in 2019

What does 2019 have in store for our industry? Here are five eCommerce and fraud trends that omnichannel retailers and online merchants should keep an eye on to protect their bottom line. 1. Emerging markets: The eCommerce battleground This past summer, Walmart acquired a majority stake in Flipkart, an Indian eCommerce company. Experts anticipate that … Continued

How to Stop Promo Abuse Fraud in Ecommerce

Suppose you’re a seventeen-year-old who wants to buy a bottle of vodka from the liquor store. The problem, of course, is that you’re underage, and the cashier is definitely going to ask for some ID. So you have two ways to beat the system: buy/steal the ID of someone who looks a bit like you, … Continued