Fraudio vs. Riskified

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Fraudio
Score 0.0 out of 10
N/A
Fraudio is a cloud-based, SaaS solution designed to fight complex payment fraud and financial crime by using artificial intelligence, machine learning and multi-dataset network effects. Latest Generation in Fraud Detection & Prevention technology So far there are three generations of this technology: First-generation solutions rely heavily on rule-based systems making it easy for fraudsters to learn the rules, circumvent and navigate through the…N/A
Riskified
Score 8.9 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
Pricing
FraudioRiskified
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
FraudioRiskified
Free Trial
YesNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsAt Fraudio there are no additional costs for setup, integration or maintenance. We have no hidden fees. All prices shown are based on a month-to-month subscription with no long-term commitment. A longer-term agreement is always available and allows the customer to unlock improved pricing on any tier. A customer can change tiers at any time to get better pricing per API call or to pay a lower minimum monthly amount.
More Pricing Information
Community Pulse
FraudioRiskified
Considered Both Products
Fraudio

No answer on this topic

Riskified
Chose Riskified
In my opinion Riskified was more open to discuss and explain in details the servicess that they can offer
Chose Riskified
I would say that the main difference between Riskified and Signifyd is the level of client service, which drives success in other aspects. We did not have a dedicated account manager with Signifyd, so there was no one to deal with issues. Signifyd's billing is also very messy, …
Chose Riskified
Riskified has steadily outperformed our previous screening vendor year after year. We continue to see improvements in our approval rates, callback rate, and chargeback rate, as well as a continued effort to improve their products for the most effectiveness possible. Riskified's …
Chose Riskified
Riskified was a one stop shop compared to Kount.
Chose Riskified
These platforms ensure accurate fraud detection, follow-up for disputes, and provide detailed information through reports.
Chose 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
Chose Riskified
Have not used other products aside from Riskified yet.
Best Alternatives
FraudioRiskified
Small Businesses

No answers on this topic

No answers on this topic

Medium-sized Companies
F5 Distributed Cloud Bot Defense
F5 Distributed Cloud Bot Defense
Score 8.7 out of 10
F5 Distributed Cloud Bot Defense
F5 Distributed Cloud Bot Defense
Score 8.7 out of 10
Enterprises
F5 Distributed Cloud Bot Defense
F5 Distributed Cloud Bot Defense
Score 8.7 out of 10
F5 Distributed Cloud Bot Defense
F5 Distributed Cloud Bot Defense
Score 8.7 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
FraudioRiskified
Likelihood to Recommend
-
(0 ratings)
8.1
(0 ratings)
Likelihood to Renew
-
(0 ratings)
9.1
(0 ratings)
Support Rating
-
(0 ratings)
7.6
(0 ratings)
User Testimonials
FraudioRiskified
Likelihood to Recommend
No answers on this topic
To prevent CNP fraud in travel industry I believe that Riskified is well suited To prevent ATO, if you have customers that they dont use credit cards and they pay by bank transfer I believe that is not well suited
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Pros
No answers on this topic
  • 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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Cons
No answers on this topic
  • 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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Support Rating
No answers on this topic
We needed to spin up hundreds of accounts very quickly, and their team, within a few days, was able to spin up a custom workflow for our team to do this at scale - they moved heaven and earth to make it possible practically overnight.
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Alternatives Considered
No answers on this topic
I would say that the main difference between Riskified and Signifyd is the level of client service, which drives success in other aspects. We did not have a dedicated account manager with Signifyd, so there was no one to deal with issues. Signifyd's billing is also very messy, and we found that they did not reimburse us for a significant amount of chargebacks. Riskified's billing is easy to reconcile, and we've never had that issue.
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Return on Investment
No answers on this topic
  • 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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ScreenShots