Riskified Ltd (RSKD) Sector
Information Technology

(Current) $4.77
0.01 (0.21%) Open Price: 4.77

Riskified Ltd is a technology company specializing in fraud prevention and chargeback protection solutions for e-commerce merchants. The company was founded in 2013 by Assaf Feldman, Eido Gal, and Shaul Levi, with the vision of creating a platform to help online businesses mitigate the risks associated with online transactions. The founders identified the need for advanced fraud detection systems as e-commerce continued to grow rapidly.

Riskified's core product is a machine learning-powered fraud prevention platform. The platform uses artificial intelligence and big data analytics to analyze and assess the risk of each online transaction in real-time. By analyzing various data points, including user behavior, device information, and purchase history, Riskified's platform can accurately identify and prevent fraudulent transactions, helping merchants avoid costly chargebacks and losses.

The company is headquartered in Tel Aviv, Israel, and has expanded its operations to include offices in New York City and Shanghai. Riskified serves a diverse range of clients, from small businesses to large enterprise-level merchants, across various industries, including fashion, travel, electronics, and more.

Over the years, Riskified has earned a reputation for its high success rate in accurately detecting and preventing fraud, leading to increased trust among its customers. Its platform's ability to minimize false positives and allow legitimate transactions to proceed smoothly has been a key factor in attracting and retaining clients.

With the continuous growth of e-commerce and the evolving landscape of online fraud, Riskified remains dedicated to enhancing its fraud prevention capabilities and providing top-notch services to its clients worldwide. As more businesses shift towards online transactions, Riskified's role in securing and optimizing e-commerce operations is likely to become increasingly critical.

(12/02/24) $4.77
(12/03/24) $4.76
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