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Riskified Unveils New AI Tools at Ascend 2024 to Combat Ecommerce Fraud
Slice of Retail Team
July 07, 2024
Key Highlights:
Riskified introduces Policy Decisions at Ascend 2024.
New tools empower merchants to fight fraud and policy abuse.
Winners of Titans of Ecommerce Awards announced.
Event sponsored by Deloitte, Mastercard, and more.
Source (Business Wire)
Notable Quote:
“This year’s Ascend is as much an innovation event as it is a rallying cry for ecommerce leaders. A shared challenge can only be solved with a shared solution. Riskified is investing in the most advanced approaches to fight this challenge.”
Our Take:
The unveiling of Riskified’s new AI-powered capabilities at Ascend 2024 marks a significant advancement in the fight against ecommerce fraud and policy abuse. By introducing tools like Policy Decisions, Riskified empowers merchants with enhanced control over their customer-facing policies, which is crucial in today's rapidly evolving digital landscape. The recognition of innovative leaders through the Titans of Ecommerce Awards further underscores the importance of community and collaboration in addressing shared challenges. As fraud and abusive behavior grow in scale and sophistication, such comprehensive and dynamic solutions are essential for driving profitable growth and maintaining trust in the ecommerce ecosystem.