Fraud Prevention
Anyone who’s tried to buy online tickets to a hot sports event or sure-to-sell-out concert knows how fraught the experience can be. You’re bombarded with options, and it can be hard to tell legit sources from shady ones. You want to buy from the venue, the team, or a reputable broker, but who’s who? And … Continued
Riskified’s research team took a deep dive into luxury fraud trends to unpack key threats and smart strategies.
When financial markets swing, fraudsters act. Amidst the head-spinning changes, it can be hard for providers of alternative payment and money services – from crypto to gold – to keep track of the vulnerabilities such rapid change exposes them to.
New releases and special editions are huge events in the sneakerverse. Unfortunately, new releases can also be big paydays for the fraudsters who profit from the sneaker resale market.
Imagine losing a loyal customer not because of a deliberate choice but due to a false fraud flag.
Air travel and events ticketing are both lucrative segments for fraudsters and can be risky for merchants. According to analysis by Riskified data analyst, Yael Hemo, and senior data analyst, Lev Gal, flight bookings in 2024 were +14% riskier compared to the previous year. Senior data analyst Adi Dick-Charnilas found that the events ticket industry … Continued
For seasoned retailers, it might feel that the all-important holiday shopping season comes around sooner every year. As merchants worldwide gear up for the surge in sales that Black Friday and the holiday season brings, the urgency to maximize sales needs to be coupled with an urgency to mitigate losses. Sadly, booming sales also signal … Continued
For every type of fraud, there is a season. Gift card fraud, for example, rises around Mother’s Day, Valentine’s Day, and Christmas. Ecommerce fraud teams face a holiday hangover of chargebacks after the end-of-year gift-giving season. And policy abuse — including refund and returns, reseller, as well as promo and coupon fraud — tends to … Continued
It’s easy to understand why everybody loves gift cards, especially the digital kind. So you won’t find it surprising that the number of card purchases and payments Riskified processed from merchants in 2023 was almost double the number processed in 2021. Unfortunately, the “everybody” who loves gift cards includes fraudsters. As liquid as cash, ill-gotten … Continued
