Mastercard and Riskified New Integration Combines Fraud Insights to Drive Ecommerce Revenue Growth and Profitability for Global Merchants
August 17 2023 - 8:30AM
Business Wire
Riskified (NYSE:RSKD), a leader in ecommerce fraud and risk
intelligence, today announced an enhanced partnership with global
payments leader Mastercard, that will improve the ability of
businesses across the globe to grow online revenues and profit
while mitigating the risk of fraud and chargebacks.
Riskified’s machine learning platform provides merchant fraud
teams with highly accurate, automated risk-decisioning for
ecommerce transactions. This partnership breaks new ground in the
ecommerce fraud space by marrying insights from Mastercard’s
world-leading cybersecurity products and solutions with Riskified’s
extensive transaction and identity network. The partnership also
provides access to Mastercard’s suite of tools that enable
real-time alerts on chargeback events and facilitate automated
dispute resolution.
“This global partnership with Mastercard highlights the
measurable impact Riskified makes on merchant revenues and
profitability,” said Kevin Sprake, Vice President, Global Channel
Partnerships at Riskified. “We're excited to work with Mastercard
to empower merchants to continue investing in ecommerce to drive
growth across the globe, and particularly in emerging markets where
merchants have higher exposures to fraud and abuse.”
For more information on Riskified Partners, visit
riskified.com/partners.
About Riskified
Riskified (NYSE:RSKD) empowers businesses to grow ecommerce
revenues and profit by mitigating risk. An unrivaled network of
merchant brands including Wayfair, Booking.com, and Prada partner
with Riskified for guaranteed protection against chargebacks, to
fight fraud and policy abuse at scale, and to improve customer
retention. Developed and managed by the largest team of ecommerce
risk analysts, data scientists and researchers, Riskified’s
AI-powered fraud and risk intelligence platform analyzes the
individual behind each interaction to provide real-time decisions
and robust identity-based insights. Learn more at
Riskified.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20230817028316/en/
Aileen McNelis PR for Riskified amcnelis@nexttechcomms.com
Cristina Dinozo Sr. Director of Communications
press@riskified.com
Chett Mandel Head of Investor Relations ir@riskified.com
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