Riskified Ltd. (NYSE: RSKD)

Riskified Ltd., a company listed on the New York Stock Exchange (NYSE) under the ticker symbol RSKD, operates in the ecommerce risk intelligence solutions industry. The company's mission is to empower businesses to drive ecommerce growth by mitigating risk. Riskified's advanced ecommerce risk intelligence platform streamlines the complexities of ecommerce for merchants, allowing them to offer seamless and hassle-free consumer experiences.

Riskified's primary business activities involve providing ecommerce risk intelligence solutions to online merchants. The company's platform offers a range of benefits to online merchants, including increased sales, reduced fraud, lowered operating costs, and enhanced consumer experiences. Riskified's proprietary machine learning models analyze hundreds of attributes per transaction, generating accurate real-time decisions. This data-driven approach enables merchants to increase their approval rates for online transactions, decrease the risk of fraudulent sales, and allocate business resources towards expanding their operations.

The company's product suite is built on the same automated decisioning engine and includes Chargeback Guarantee, Policy Protect, Dispute Resolve, Account Secure, and PSD2 Optimize. Riskified's Chargeback Guarantee product is its flagship offering, which automatically approves or declines online orders with performance levels that vary by merchant. Riskified's machine learning models analyze numerous attributes per transaction, generating precise decisions in real-time.

Riskified's ecommerce risk intelligence platform is designed to integrate with a diverse range of merchants, from small pure-play merchants to large omnichannel retailers. The company serves some of the largest and most reputable ecommerce brands globally, such as Wayfair, Lastminute.com, SHEIN, and Macy's. Riskified's merchant base spans various industries, including payments, money transfer and crypto, tickets and travel, electronics, home, fashion and luxury goods, and general retail.

Riskified's competitive advantages include its scale, expertise in serving the enterprise market, and entrepreneurial culture. The company's scale enables it to process millions of transactions daily, providing a vast source of data for its machine learning models. Riskified's proficiency in serving the enterprise market allows it to deliver customized solutions tailored to the unique needs of large merchants. The company's entrepreneurial culture fosters a collaborative work environment that encourages innovation and continuous learning.

In terms of its position within the industry, Riskified is a market leader in ecommerce risk intelligence. The company's proprietary technology and machine learning expertise enable it to provide superior ecommerce fraud and risk analytics. Riskified's ability to simplify the vast amounts of complexity unique to enterprise operating environments distinguishes it from other ecommerce enablement platforms.

Riskified's customers are spread across 40 countries, with approximately 61% of its billings originating from US-based accounts. The company's billings in Asia-Pacific increased by over 35% year-over-year in 2023.

Riskified's brand names and/or trade names include Chargeback Guarantee, Policy Protect, Dispute Resolve, Account Secure, and PSD2 Optimize. These products are designed to provide merchants with a guarantee that their online orders will be approved or declined with high accuracy, customized policies to protect online transactions from fraud, solutions to resolve disputes with customers fairly and efficiently, secure online transactions and protect sensitive customer information, and optimize online transactions to reduce the risk of fraudulent sales.