News and insights
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, … Continued
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.
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. … Continued
A fraud solution that instantly approves good orders and reduces false declines can also greatly contribute to a positive customer experience. But even the most accurate fraud-detection systems aren’t correct 100% of the time, meaning that sometimes it’s your very own loyal, paying shoppers behind your declined orders. This makes it important that retailers pay … Continued
For our 2020 recommended eCommerce conferences – click here! 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 … Continued
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
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 … Continued
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 … Continued
It has mostly flown under the radar – so don’t worry if this is new to you – but the EU recently adopted a new regulation regarding privacy called GDPR. I kid. Clearly the EU’s GDPR (General Data Protection Regulation) has been all over the news for years now, and we’ve heard a huge amount … Continued
