Riskified vs. Signifyd Commerce Protection Platform

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Riskified
Score 8.0 out of 10
Enterprise companies (1,001+ employees)
Riskified, headquartered in Tel Aviv, helps businesses to realize the potential of eCommerce by making it safe, accessible, and frictionless. Their eponymous platform allows online merchants to create trusted relationships with their consumers. Leveraging machine learning that benefits from a global merchant network, the platform identifies the individual behind each online interaction, helping merchants eliminate risk and uncertainty.N/A
Signifyd Commerce Protection Platform
Score 5.0 out of 10
N/A
The Signfyd Commerce Protection Platform is fraud protection software that aims to enable online retailers to provide a friction-free buying experience for their customers. Signifyd leverages big data, machine learning and domain expertise in order to provide a financial guarantee against fraud on approved orders that later turn out to be fraudulent. This effectively shifts the liability for fraud away from retailers, allowing them to increase sales and open new markets while reducing risk.…N/A
Pricing
RiskifiedSignifyd Commerce Protection Platform
Editions & Modules
No answers on this topic
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Offerings
Pricing Offerings
RiskifiedSignifyd Commerce Protection Platform
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
RiskifiedSignifyd Commerce Protection Platform
Considered Both Products
Riskified
Chose Riskified
In evaluating fraud prevention and ecommerce risk platforms, we explored several alternatives to Riskified, including Forter, Signifyd, Sift, Kount, and ClearSale. These solutions offer a range of capabilities, from identity-based risk scoring and behavioral analytics to fully …
Chose Riskified
I would say that the main difference between Riskified and Signifyd is the level of client service, which drives success in other aspects. We did not have a dedicated account manager with Signifyd, so there was no one to deal with issues. Signifyd's billing is also very messy, …
Signifyd Commerce Protection Platform

No answer on this topic

Features
RiskifiedSignifyd Commerce Protection Platform
Fraud Detection Software Features
Comparison of Fraud Detection Software Features features of Product A and Product B
Riskified
9.3
4 Ratings
21% above category average
Signifyd Commerce Protection Platform
-
Ratings
Anomaly Detection9.62 Ratings00 Ratings
Timely Monitoring9.53 Ratings00 Ratings
ID Verification9.62 Ratings00 Ratings
Data Analysis and Pattern Recognition9.23 Ratings00 Ratings
Rule-based Alerts10.01 Ratings00 Ratings
Investigation Tools8.82 Ratings00 Ratings
External Data Integration8.93 Ratings00 Ratings
Compliance and Regulatory Support8.74 Ratings00 Ratings
User Interface9.44 Ratings00 Ratings
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RiskifiedSignifyd Commerce Protection Platform
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User Ratings
RiskifiedSignifyd Commerce Protection Platform
Likelihood to Recommend
9.0
(19 ratings)
10.0
(2 ratings)
Likelihood to Renew
9.1
(1 ratings)
-
(0 ratings)
Support Rating
9.0
(18 ratings)
-
(0 ratings)
User Testimonials
RiskifiedSignifyd Commerce Protection Platform
Likelihood to Recommend
Riskified
It is very appropriate when customers are placing orders using their credit cards instead of using PayPal. We work very hard to make sure that we are protected when orders are placed, as well as customers, and Riskified helps us to make that happen. It is an organized system that is easy to understand and navigate, and I would recommend it to other businesses!
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Signfyd
I think Signifyd is well suited for any eCommerce store that delivers physical goods to an address. You will be protected if they approve the order and it turns out to be fraud, and you can take comfort knowing you won't ship any orders that are declined. It is not well suited for companies selling digital goods or services as they won't protect anything that's not physically shipped.
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Pros
Riskified
  • Collaboration; Riskified builds strong relationships with their clients and works to always meet the clients' needs
  • Ascend; This is a great way for Riskifieds clients to meet, collaborate and learn from each other
  • Innovations; Riskified puts a huge emphasis on listening to their clients and finding a way to meet their needs, whether it's chargeback related, fraud screening related or abuse related.
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Signfyd
  • High approval rate.
  • Find the fraud.
  • Always responsive to escalations.
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Cons
Riskified
  • Missing functionality/ explanation: not having full understanding why some orders with multiple "red flags" are accepted/approved by Riskified
  • Missing functionality: It would be great if there was an option to resubmit an order after approving a second look (so that the customer doesn't have to place a second order)
  • The support I've received isn't always uniform (sometimes the agent will ask me to provide additional information about an order, sometimes they won't. It seems to be random?)
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Signfyd
  • I am completely satisfied.
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Likelihood to Renew
Riskified
We are likely to renew our use of Riskified. Their solution has become a critical component of our fraud prevention strategy and day-to-day operations. The combination of increased approval rates, reduced chargeback risk, and operational efficiency has delivered consistent value.
Additionally, their collaborative approach and alignment with our customer experience goals reinforce our confidence in continuing the partnership long term.
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Signfyd
No answers on this topic
Usability
Riskified
Its very intuitive and I blieve that its well build ,someties I hae to train new colleagues at the team and I have to show them the tool and how they can work with it and normally they have no problem at all to work with it only with one fast and simple explanation
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Signfyd
No answers on this topic
Support Rating
Riskified
One of the most impressive things about Riskified, that really sets them apart from their competitors, is their client service. We have a dedicated account manager who is highly knowledgeable about both Riskified and our business and is very easy to work with. Riskified has supported us as our business has grown and evolved.
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Signfyd
No answers on this topic
Alternatives Considered
Riskified
We decided in favor of Riskified since cost/benefit wise was the best product. It is maybe less complete than its competitors, but you don't always need to be the "ultimate universal" solution to everything if you do your job well
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Signfyd
We did an RFQ 3 years ago and the value proposition for Signifyd was the best. We have never looked back.
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Return on Investment
Riskified
  • Since implementing and working with Riskified we have seen a steady decrease in our fraud losses on our e-commerce orders. Riskified is able to quickly adjust its models to mitigate new trends
  • By eliminating the need to "challenge" orders we have been able to save on staffing needed for manual review and we have seen a decrease in callback rates for our fraud reviewed orders.
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Signfyd
  • Positive ROI
  • No fear of being delisted.
  • I am able to sleep at night.
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ScreenShots