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Riskified Takes a Stand Against Fraud as a Leading Supporter of International Fraud Awareness Week 2024

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Riskified (NYSE: RSKD) announces participation in International Fraud Awareness Week (November 17-23, 2024) to combat ecommerce fraud. Recent reports show $3.1 billion lost to fraud between January 2022 and September 2023, with online payment fraud losses projected to exceed $362 billion globally from 2023 to 2028.

The company launches a Times Square billboard campaign featuring the 'Safest Brands in Ecommerce,' including major retailers like Macy's, Prada, and Booking.com. This initiative, supported by partners including AWS, Deloitte, and Mastercard, aims to highlight brands prioritizing customer protection against fraud. Riskified.com/FraudWeek offers resources including articles, research studies, and merchant success stories.

Riskified (NYSE: RSKD) annuncia la sua partecipazione alla Settimana Internazionale della Consapevolezza contro le Frodi (17-23 novembre 2024) per combattere le frodi nell'ecommerce. Rapporti recenti mostrano una perdita di 3,1 miliardi di dollari a causa delle frodi tra gennaio 2022 e settembre 2023, con perdite previste per frodi nei pagamenti online che supereranno i 362 miliardi di dollari globalmente dal 2023 al 2028.

L'azienda lancia una campagna pubblicitaria su un cartellone a Times Square con i 'Marchi più Sicuri nell'Ecommerce', includendo grandi rivenditori come Macy's, Prada e Booking.com. Questa iniziativa, sostenuta da partner tra cui AWS, Deloitte e Mastercard, ha l'obiettivo di mettere in evidenza i marchi che prioritizzano la protezione del cliente contro le frodi. Riskified.com/FraudWeek offre risorse tra cui articoli, studi di ricerca e storie di successi di commercianti.

Riskified (NYSE: RSKD) anuncia su participación en la Semana Internacional de Concienciación sobre el Fraude (17-23 de noviembre de 2024) para combatir el fraude en el comercio electrónico. Informes recientes muestran pérdidas de 3,1 mil millones de dólares debido a fraudes entre enero de 2022 y septiembre de 2023, con pérdidas por fraude en pagos en línea que se proyecta superen los 362 mil millones de dólares a nivel mundial de 2023 a 2028.

La compañía lanza una campaña publicitaria en una valla de Times Square destacando las 'Marcas Más Seguras en Ecommerce', incluyendo grandes minoristas como Macy's, Prada y Booking.com. Esta iniciativa, respaldada por socios como AWS, Deloitte y Mastercard, tiene como objetivo resaltar las marcas que priorizan la protección del cliente contra el fraude. Riskified.com/FraudWeek ofrece recursos que incluyen artículos, estudios de investigación e historias de éxito de comerciantes.

Riskified (NYSE: RSKD)는 국제 사기 인식 주간 (2024년 11월 17-23일)에 참여하여 전자상거래 사기와 싸우겠다고 발표했습니다. 최근 보고서에 따르면 2022년 1월부터 2023년 9월까지 사기로 인해 3.1억 달러가 손실되었으며, 2023년부터 2028년까지 전 세계적으로 온라인 결제 사러로 인한 손실이 3620억 달러를 초과할 것으로 예상됩니다.

회사는 '전자상거래에서 가장 안전한 브랜드'를 홍보하는 타임스퀘어 광고 캠페인을 시작합니다. 메이시스, 프라다, Booking.com과 같은 대형 소매업체들이 포함됩니다. AWS, 딜로이트, 마스터카드와 같은 파트너의 지원을 받는 이 이니셔티브는 고객 보호를 우선시하는 브랜드를 강조하는 것을 목표로 합니다. Riskified.com/FraudWeek에서는 기사, 연구 보고서 및 상인 성공 사례와 같은 자료를 제공합니다.

Riskified (NYSE: RSKD) annonce sa participation à la Semaine Internationale de Sensibilisation à la Fraude (17-23 novembre 2024) pour lutter contre la fraude en ligne. Des rapports récents montrent une perte de 3,1 milliards de dollars due à la fraude entre janvier 2022 et septembre 2023, avec des pertes liées à la fraude de paiement en ligne qui devraient dépasser 362 milliards de dollars dans le monde de 2023 à 2028.

L'entreprise lance une campagne publicitaire sur un panneau d'affichage à Times Square mettant en avant les 'Marques les Plus Sures en Ecommerce', y compris de grands détaillants tels que Macy's, Prada et Booking.com. Cette initiative, soutenue par des partenaires comme AWS, Deloitte et Mastercard, vise à mettre en avant les marques qui privilégient la protection des clients contre la fraude. Le site Riskified.com/FraudWeek propose des ressources comprenant des articles, des études de recherche et des histoires de succès de commerçants.

Riskified (NYSE: RSKD) gibt die Teilnahme an der Internationalen Betrugsbewusstseinswoche (17. bis 23. November 2024) bekannt, um Betrug im E-Commerce zu bekämpfen. Jüngste Berichte zeigen, dass zwischen Januar 2022 und September 2023 insgesamt 3,1 Milliarden US-Dollar durch Betrug verloren gingen, während die Verluste durch Online-Zahlungsbetrug von 2023 bis 2028 voraussichtlich 362 Milliarden US-Dollar weltweit übersteigen werden.

Das Unternehmen startet eine Billboard-Kampagne am Times Square, die die 'Sichersten Marken im E-Commerce' hervorhebt, darunter große Einzelhändler wie Macy's, Prada und Booking.com. Diese Initiative, unterstützt von Partnern wie AWS, Deloitte und Mastercard, zielt darauf ab, Marken hervorzuheben, die den Schutz der Kunden vor Betrug priorisieren. Auf Riskified.com/FraudWeek stehen Ressourcen wie Artikel, Forschungsstudien und Erfolgsgeschichten von Händlern zur Verfügung.

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As holiday shopping heats up, Riskified puts a spotlight on the Safest Brands in Ecommerce

NEW YORK--(BUSINESS WIRE)-- Riskified (NYSE: RSKD), a leader in ecommerce fraud and risk intelligence, announced that it will be participating in International Fraud Awareness Week, taking place from November 17-23, 2024. Aligning with hundreds of global organizations, Riskified aims to elevate awareness about the critical importance of fighting fraud in the ecommerce world.

The proliferation, scale, and damages from fraud make vigilance and implementing robust security measures mission critical. Fraudulent activities pose a significant threat to businesses worldwide, with $3.1 billion lost to fraud between January 2022 and September 2023. Those were the total losses calculated in Occupational Fraud 2024: A Report to the Nations, the latest report from the Association of Certified Fraud Examiners (ACFE) which analyzed 1,921 occupational fraud cases. When it comes to online shopping, Juniper Research estimates that losses from online payment fraud will exceed $362 billion globally between 2023 to 2028, with losses of $91 billion alone in 2028.

During Fraud Week, official supporters will engage in various activities, including hosting fraud awareness training for employees and/or the community, conducting employee surveys to assess levels of fraud awareness within their organization, posting articles on company websites and in newsletters and teaming up with local media to highlight the problem of fraud.

Riskified will contribute to Fraud Week through a series of initiatives designed to promote anti-fraud education and vigilance. A highlight of this year's efforts is a billboard campaign powered by the New York Stock Exchange in Times Square, New York City. Featuring the “Safest Brands in Ecommerce,” the billboard and corresponding webpage draw attention to the brands who invest in providing a safe and secure purchase experience for their customers. These companies include: Macy’s, Allbirds, Prada, AirEuropa, BJ’s Wholesale Club, TickPick, Shein, Hotelogical, Booking.com, Finishline, Gametime, Gilt Groupe, BlueMercury, ShopSimon, Ruelala, Acer, US Gold Bureau, Movado Group, Super, and New York & Company.

This effort is a joint initiative between Riskified and its ecommerce ecosystem partners : AWS, Deloitte, Mastercard, Shopify, Salesforce Commerce Cloud, Fiserv, Checkout.com, and Aurus, to help consumers make informed decisions about shopping with brands that prioritize protection against fraud. Riskified.com/FraudWeek also offers a collection of articles, research studies, and merchant success stories that highlight the pervasiveness of fraud within the ecommerce space.

"Given the scale and rapid evolution of payment fraud, returns, and refunds abuse during the holiday shopping season, it’s an important point in the year for merchants to protect their online stores and their bottom line," says Jeff Otto, Riskified’s Chief Marketing Officer. "Riskified was founded to empower merchants with advanced AI-powered fraud detection technology, ensuring a safer ecommerce landscape for consumers. We’re excited to join forces with leading organizations in shining a light on fraud and policy abuse and its impact on the ecommerce marketplace."

“The support of organizations around the world helps make Fraud Week an effective tool in raising anti-fraud awareness,” says John Gill, J.D., CFE, ACFE president. “Fraud is an issue that unfortunately affects people from all walks of life around the world and it takes many forms. Whether it’s a trusted employee stealing from a small business, or organized rings of fraudsters targeting seniors in our community, most people know someone who’s been victimized by fraud. That’s why it’s so important for organizations to join in this fight together to raise awareness during this week. It is a serious problem that requires a proactive approach toward preventing it and educating people is the first step.”

For more information about increasing awareness and reducing the risk of fraud during International Fraud Awareness Week, visit FraudWeek.com.

About Riskified

Riskified (NYSE:RSKD) empowers businesses to unleash ecommerce growth by outsmarting risk. Many of the world’s biggest brands and publicly traded companies selling online rely on Riskified for guaranteed protection against chargebacks, to fight fraud and policy abuse at scale, and to improve customer retention. Developed and managed by the largest team of ecommerce risk analysts, data scientists and researchers, Riskified’s AI-powered fraud and risk intelligence platform analyzes the individual behind each interaction to provide real-time decisions and robust identity-based insights. Riskified was named to CNBC's World’s Top Fintech Companies in 2024. Learn more at riskified.com.

About the Association of Certified Fraud Examiners

Based in Austin, Texas, the ACFE is the world's largest anti-fraud organization and premier provider of anti-fraud training and education. Together with more than 90,000 members, the ACFE is reducing business fraud worldwide and inspiring public confidence in the integrity and objectivity within the profession. For more information, visit ACFE.com.

Cristina Dinozo

Sr. Director of Communications

press@riskified.com



Chett Mandel

Head of Investor Relations

ir@riskified.com

Source: Riskified

FAQ

When is International Fraud Awareness Week 2024 and how is Riskified (RSKD) participating?

International Fraud Awareness Week runs from November 17-23, 2024. Riskified is participating through a Times Square billboard campaign featuring 'Safest Brands in Ecommerce' and providing educational resources on Riskified.com/FraudWeek.

What are the projected losses from online payment fraud between 2023-2028?

According to Juniper Research, losses from online payment fraud are expected to exceed $362 billion globally between 2023 to 2028, with $91 billion in losses projected for 2028 alone.

Which major brands are featured in Riskified's (RSKD) 'Safest Brands in Ecommerce' campaign?

The campaign features brands including Macy's, Allbirds, Prada, AirEuropa, BJ's Wholesale Club, Shein, Booking.com, and several others who prioritize protection against fraud.

How much was lost to fraud between January 2022 and September 2023?

According to the Occupational Fraud 2024 report by ACFE, $3.1 billion was lost to fraud between January 2022 and September 2023, based on analysis of 1,921 occupational fraud cases.

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