Sift Unveils New Platform Upgrades to Improve Efficiency,

SAN FRANCISCO, Oct. 20, 2022 (GLOBE NEWSWIRE) — Sift, the chief in Digital Trust & Safety, at this time introduced the discharge of a number of new capabilities designed to assist fraud fighters do their jobs extra effectively, and make smarter, quicker selections. Specifically, Sift prospects now have entry to:

• Automation at each stage of danger operations: Intelligent automation and ML powered suggestions reduces time spent working disputes, and will increase win charges.
• Expanded integrations for chargeback administration: New integrations bolster dispute administration staff effectivity in dealing with dispute knowledge for main processors.
• Synchronized, simplified knowledge connectors: New connectors within the Sift App Gallery with Checkout.com and Jumio facilitate enriched chargeback knowledge, and streamline buyer authentication and verification.
• Productivity and overview enhancements: A set of upgrades to Sift’s intuitive Console enhance effectivity and effectiveness throughout belief and security operations, together with bulk decisioning. Early customers of bulk decisioning have reported that bulk decisioning has decreased guide overview time by over 30%.

“Due to economic instability, many risk teams are facing constrained resources as well as increasing pressure to prevent fraud losses and retain revenue,” stated Mary Writz, SVP of Product at Sift. “Our latest platform improvements help our customers efficiently assess fraud risk and quickly make decisions throughout the customer journey—from login to chargeback.”

Sift’s platform upgrades additionally come at a time when companies are going through extra fraud than ever earlier than. In reality, Sift’s Q3 Digital Trust & Safety Index exhibits a 131% improve in account takeover assaults within the first half of 2022 vs. the identical interval final 12 months.

“As a luxury goods marketplace, our business is predicated on trust between our buyers and sellers—as well as our brand,” stated Aurélien Donneger, head of safety at Vestiaire Collective, the main world app for fascinating pre-loved trend. “Sift’s platform helps us establish and maintain a high level of trust by drastically reducing our exposure to different types of fraud and ensuring our customers can safely buy and sell on our site and app.”

For extra data on Sift’s latest platform enhancements, go right here.

About Sift

Sift is the chief in Digital Trust & Safety, empowering digital disruptors to Fortune 500 firms to unlock new income with out danger. Sift dynamically prevents fraud and abuse by industry-leading know-how and experience, an unequalled world knowledge community of 70 billion occasions per thirty days, and a dedication to long-term buyer partnerships. Global manufacturers reminiscent of DoorDash, Twitter, and Blockchain.com depend on Sift to achieve a aggressive benefit of their markets. Visit us at sift.com, and observe us on LinkedIn.

Media Contact:

Victor White
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