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Overview
Signifyd provides an end-to-end Commerce Protection Platform that leverages its Commerce Network to maximize conversion, automate customer experience and eliminate fraud and consumer abuse for retailers. Signifyd uses big data and machine learning to provide a 100 percent financial guarantee against fraud on approved orders that turn out to be fraudulent. This effectively shifts the liability for fraud away from ecommerce merchants, allowing them to increase sales and open new markets while reducing risk. Custom policy management compliments machine learning to tackle the most challenging consumer abuse use cases, like unauthorized resellers, promotion abuse and return abuse. Signifyd’s financial guarantee extends beyond fraud chargebacks to cover abusive chargebacks as well, such as item not received (INR) claims and claims a product was significantly not as described (SNAD).
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