Riskified
AI chargeback-guaranteed e-commerce fraud prevention that approves more legitimate orders and takes full financial liability for approved fraud.
What it does
Riskified is an AI-native e-commerce fraud prevention platform that offers a unique chargeback guarantee model - the company uses ML to evaluate each order and, for orders it approves, takes full financial liability if that order later proves fraudulent. E-commerce merchants pay per approved order rather than for software, creating a performance-aligned pricing model. AI capabilities include ML order fraud scoring that evaluates hundreds of signals (device fingerprint, behavioral biometrics, account history, network relationships) to distinguish fraudulent from legitimate orders, autonomous approve or decline decisions without merchant involvement, AI network effects that share fraud signals across Riskified's merchant network, account takeover detection for credential stuffing attacks, and policy abuse detection for coupon and return fraud.
Why AI-NATIVE
Riskified is AI-native - ML fraud scoring combined with autonomous approval decisions and full financial liability for approved orders is the core product architecture.
Best for
Mid-market e-commerce companies use Riskified for guaranteed fraud prevention - chargeback guarantee eliminating fraud losses on approved orders and ML approving more legitimate orders that conservative rules decline.
Large e-commerce retailers use Riskified for enterprise fraud management - ML network intelligence detecting sophisticated fraud operations and guaranteed model aligning Riskified's incentives with merchant revenue optimization.
Limitations
Riskified charges per approved order rather than a fixed software fee — merchants must model the cost of Riskified's fees against current chargeback rates and false decline losses to determine if the model is cost-effective.
Riskified's chargeback guarantee covers approved orders that prove fraudulent but has specific terms, exclusions, and processes — merchants should review guarantee terms carefully to understand coverage and requirements.
Forter offers the same chargeback guarantee model and competes directly — e-commerce merchants should compare approval rates, false decline rates, and total cost across Riskified and Forter for their specific order profile.
Alternatives by segment
| If you need… | Consider instead |
|---|---|
| Chargeback-guaranteed fraud prevention | Forter |
| E-commerce fraud AI platform | Kount AML |
| Stripe-native fraud tools | Stripe Radar |
Riskified charges per approved order. Typical rate 0.4% to 0.6% of approved order value. No fixed platform fee. Custom rates for enterprise volume.
