Fashion is a fickle business – but one trend that’s set to remain in style for the foreseeable future is shoppers’ penchant for buying apparel online. In 2018, clothing and footwear were the most commonly purchased online goods, while eCommerce transactions are expected to make up 36% of total fashion retail by 2022. Of course, […]
News and insights
News and insights
A Step-By-Step Breakdown: How Fraudsters Steal Your Identity and Shop Online With Your Money
A step-by-step walk through of a real order in our system, tracing how personal information first gets stolen, sold by middlemen and fraudsters, and used in a fraudulent online order.
News and insights
Decoding the Changing eCommerce Market in 2019: Inside Riskified’s Shopping and Fraud Behavior Report
At Riskified, our work centers on relationships with merchants. Our favorite conversations are the ones about how we can help them approve more orders, operate more efficiently, and fend off the threats of fraud and false declines. But, in order to gain some new insights for 2019, we recently turned our attention to U.S. consumers. […]
News and insights
How to Communicate with Declined Customers
In a world where nearly anything can be bought with a click, the best way for businesses to differentiate themselves is making the shopping experience as smooth and easy as possible. It’s why retailers offer omni-channel fulfillment and try to minimize friction. A fraud solution that instantly approves good orders and reduces false declines can […]
News and insights
Best Fraud & eCommerce Events to Attend in 2019
Ecommerce conferences, just like the eCommerce business-scape, have evolved considerably. On the heels of the global ascent of online shopping, new types of hybrid events are appearing: from traditional trade shows to more business-to-business meeting formats, and most of all – retail events that reflect the symbiotic relationship between eCommerce and brick-and-mortar. For a retailer, […]
News and insights
Five Ecommerce & Fraud Trends to Expect in 2019
In 2018 eCommerce evolved in some directions we expected… and others we didn’t. The holiday season rewrote the record books again – Black Friday sales in the US were up 23.6%, and, as of writing this, it looks like holiday season volume as a whole rose 20%. Regarding our cryptocurrency prediction, while bitcoin captured headlines last year, it had little […]
News and insights
Payment Declines in eCommerce – the $340 Billion Black Hole
We’ve written extensively in this blog about the scope and cost of false declines. Riskified estimates fear of fraud leads merchants to decline good orders at a total value equivalent to 5.5% of their annual online revenue. But false declines are only one leak in the payment funnel – most merchants don’t realize that around […]
News and insights
FORTUNE Names Riskified One of the 25 Best Small and Medium NYC Workplaces
It’s official: Riskified is one of the best places to work in New York City! Fortune unveiled their top workplaces list for 2018, and we joined the small and medium businesses group. The rankings are based on employee surveys conducted and analyzed by Great Place to Work, and a total of 50 NYC-based companies are […]
News and insights
What the Online State Sales Tax Ruling Means for You and Your Revenue
U.S. state and local governments now have the right to claim billions of dollars of your hard-earned revenue. On June 21, 2018 the Supreme Court decided to take away a decades-old shield that exempted online retailers from collecting sales tax in states where they have no physical presence. The exact nuts and bolts of enforcement […]