Signifyd operates as a Commerce Protection Platform that harnesses its Commerce Network to enhance conversion, streamline customer experience, and prevent fraud and consumer abuse for retail businesses. The company aims primarily to alleviate retail payment security concerns and fraud prevention. It has its central headquarters in San Jose, CA, with additional presence in Denver, New York, Mexico City, Belfast, and London.
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AI Fraud engine to prevent fraud transitions
The system tells you everything about the orders. There are so many details. You can see where they placed the order, with what email, and device.
Guaranteed protection - high approval ratings - customer service
Customization on the filtering engine
Sometimes it can be a little confusing as to why an order was flagged or cancelled. It might have a high rating, but it still gets cancelled. So we usually have to help those customers place an order through the CSRs.
lack of visibility to configuration - fraud check after taking the order - false positives