Riskified vs. Sphonic

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
Sphonic
Score 0.0 out of 10
N/A
Sphonic, now part of Signicat, an Orchestration Platform to support compliance and fraud management in the digital economy. With access to a marketplace of over 85 fraud, risk and identity providers accessed via a single API and exposed via a proprietorial workflow engine, an organisation can automate KYC, KYB, AML & Fraud Transaction monitoring leveraging their collaborative solutions approach.N/A
Pricing
RiskifiedSphonic
Editions & Modules
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Offerings
Pricing Offerings
RiskifiedSphonic
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
RiskifiedSphonic
Features
RiskifiedSphonic
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
Sphonic
-
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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RiskifiedSphonic
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Score 8.5 out of 10
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User Ratings
RiskifiedSphonic
Likelihood to Recommend
9.0
(19 ratings)
-
(0 ratings)
Likelihood to Renew
9.1
(1 ratings)
-
(0 ratings)
Support Rating
9.0
(18 ratings)
-
(0 ratings)
User Testimonials
RiskifiedSphonic
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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Signicat
No answers on this topic
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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Signicat
No answers on this topic
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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Signicat
No answers on this topic
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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Signicat
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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Signicat
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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Signicat
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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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Signicat
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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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Signicat
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ScreenShots