Welcome to our dedicated page for Riskified news (Ticker: RSKD), a resource for investors and traders seeking the latest updates and insights on Riskified stock.
Riskified Ltd. (NYSE: RSKD) is a software company focused on ecommerce fraud prevention and risk intelligence, and this news page aggregates coverage of its business developments, research, and financial updates. Company communications describe an AI-powered ecommerce risk management platform that many large brands and publicly traded merchants use to fight fraud, policy abuse, and chargebacks while improving customer retention.
News about Riskified frequently highlights product innovations and AI features. Recent announcements include Policy Protect with its Dynamic Returns feature, which uses AI-powered return decisions to distinguish abusive from legitimate refund claims, and tools designed for the emerging world of agentic commerce, such as AI Agent Approve, AI Agent Intelligence dashboards, and AI Agent Policy Builder. These updates illustrate how the company applies risk intelligence to areas like returns, refunds, and AI shopping agents.
Investors and analysts can also follow earnings releases and financial guidance here. Riskified regularly issues press releases on its quarterly results, discussing trends in gross profit, adjusted EBITDA, GMV, and revenue, along with commentary on vertical and geographic diversification, share repurchase activity, and progress in categories such as Money Transfer and Payments or Tickets and Live Events.
Additional news items cover industry research and events, including survey findings on AI usage in shopping journeys, live polling from the company’s Ascend summit, and details of the Ascend global event series. Updates on partnerships, such as Riskified’s collaboration with HUMAN Security to address AI shopping agent risks, also appear. This page is a central resource for following how Riskified’s fraud and risk intelligence platform evolves and how management communicates its strategy to the market.
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Riskified Ltd. (NYSE: RSKD) has announced it will release its first quarter 2023 financial results on May 17, 2023, prior to market opening. A conference call is scheduled at 8:30 a.m. ET for management to discuss the results. Investors can join via telephone by registering through a provided link, ensuring they dial in 15 minutes early to avoid delays. A live and archived webcast will also be available on the company's Investor Relations website.
Riskified specializes in eCommerce fraud and risk intelligence, partnering with major brands to enhance revenues and mitigate risks through data analytics and machine learning.
Riskified (NYSE:RSKD), a leader in eCommerce risk intelligence, has partnered with Deloitte to launch an innovative benchmarking service for merchants. This service aims to provide real-time insights on chargebacks, approval rates, and fraud costs, allowing retailers to assess their operational efficiency. The offering leverages Riskified's analysis of over 2.5 billion transactions and Deloitte's expertise in payment fraud advisory.
Key metrics analyzed include approval rates, fraud losses, and chargebacks across various industries such as fashion and travel. The service is currently available via Deloitte Canada, with plans for future regional expansion. This collaboration seeks to enhance profitability for merchants by optimizing transaction metrics and reducing fraud-related losses.
Riskified (NYSE: RSKD) has appointed Jeff Otto as the new Chief Marketing Officer, effective immediately. Otto, a seasoned marketing leader with over 20 years of experience from Salesforce and Marqeta, will develop a global marketing strategy aimed at enhancing brand presence and accelerating demand for Riskified’s product offerings. CEO Eido Gal expressed confidence in Otto's ability to bolster the company’s growth while addressing eCommerce challenges, especially in fraud protection and profitability. Riskified provides risk intelligence solutions to help merchants combat fraud and chargebacks, enhancing their revenue potential.
Riskified Ltd. (NYSE: RSKD) announced a partnership with Gametime, a ticket marketplace, implementing Riskified’s Chargeback Guarantee solution. This collaboration has led to a 1.5% increase in transaction success rates and an eight-point rise in Gametime's Net Promoter Score, indicating enhanced customer satisfaction. Gametime faced unique fraud challenges in the ticketing sector and benefited from Riskified's machine-learning platform, which improved fraud detection and streamlined the purchasing process. The partnership aims to balance fraud prevention while enhancing the customer experience, aligning with Gametime's growth objectives.
Riskified Ltd. (NYSE: RSKD) announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2022. The report is accessible through the company's investor relations website and on the SEC's website. Shareholders can request a hard copy of the report, including audited consolidated financial statements, free of charge. This filing underlines Riskified's commitment to transparency and offers insights into its financial health and operations in eCommerce fraud and risk intelligence.
Riskified Ltd. (NYSE: RSKD) has announced its financial results for Q4 and full year 2022, showing a 14% year-over-year revenue increase to $261.2 million. The company reported an operating loss of $108.6 million but improved cash flow by approximately 70%. Riskified ended 2022 with $483 million in cash and no debt. The company is optimistic about 2023, projecting revenue between $297 million and $303 million and a significant reduction in Adjusted EBITDA losses. The firm aims for profitability by strategically investing in technology and optimizing its expense base.
Riskified (NYSE: RSKD) has established a new entity in Tokyo, appointing Anthony Guercio as Country Manager to enhance its eCommerce fraud prevention services in Japan. The market, valued at USD 177.5 billion, faces challenges with a 43% year-over-year increase in fraud due to stolen credit cards. Riskified's platform aids merchants by providing real-time fraud decisioning to increase approval rates. Noteworthy clients include DMM.com, which has adopted Riskified’s Chargeback Guarantee. The company will also participate in the eCommerce Fair Tokyo 2023 on February 9 and 10.