Sift

* Exciting News from Sift * We’re taking fraud prevention to the next level by expanding FIBR, our Fraud Industry Benchmarking Resource, now with insights into account takeover (ATO) and two-factor authentication (2FA) trends. 📈 Here's what's new: ▪ Access ATO attack rate & 2FA rate trend data. ▪Easily compare metrics across industries & regions. ▪Gain critical visibility for fraud prevention strategies. Why does this matter?  Because fraudsters are evolving, and so is our fraud-fighting community. With ATO attacks soaring, it's crucial to stay ahead of the game. Now, you can spot trends specific to your industry and adjust your defenses accordingly. Example: 🔍 Loyalty Programs ATO Attack Rate: 11% 🍔 Food Ordering & Delivery 2FA Rate: 3.5% Armen Najarian, our CMO, sums it up: "With these new metrics, we're arming the fraud-fighting community with the insights they need to grow fearlessly." Learn more: https://buff.ly/4a56ZyR #AIPowered #GrowFearlessly #ATO #FraudTrends #FraudData #FraudPrevention #AccountTakeovers #FIBR #SiftFIBR #2FA

Don’t let payment fraud get the best of your business -- Join our exclusive webinar on 🗓 May 16 at 11:00 a.m. PT / 2:00 p.m. ET for a live discussion on the next generation of payment fraud and how to combat it. ⤵ ▪ We'll share insights from our Q1 2024 Digital Trust & Safety Index, exploring the latest trends in payment fraud across industries, generations, and consumer behavior. ▪ Our speakers will also share practical strategies to safeguard your business from evolving fraud threats, fueled by macroeconomic shifts and AI advancements. ▪ Who should attend? Merchants, providers, decision-makers, and frontline fraud analysts looking to protect their businesses and boost ROI. 📌 RSVP here before spots fill up: https://buff.ly/3JYOrFC #FraudPrevention #PaymentFraud #FraudTrends #Webinar #NewReport #Fraud #AIPowered #AI #GrowFearlessly

💡 We have some exciting news this #FIBRFriday, where we share weekly insights from our Fraud Industry Benchmarking Resource, #FIBR ⬇️ We've just expanded FIBR with trend data for account takeover (ATO) attack rates and two-factor authentication (2FA) rates! This is in addition to the existing data related to payment fraud attack, fraudulent chargeback, and manual review rates. What does the new data reveal? 🔹 ATO attacks surged by a staggering 354% in Q2 2023 alone. 🔹 Loyalty Programs face an 11% ATO rate, while Food Ordering & Delivery services see a high 20%. 🔹 While 2FA step-up challenges occur in about 10% of transactions overall, food delivery services see a 2FA rate of 3.5%, emphasizing the need for swift transactions with minimal friction. FIBR is interactive, explore the tool yourself to compare your business's fraud metrics across industries or geographies: https://buff.ly/49fMYFo #FraudPrevention #FraudTrends #Fraud #FraudRates #SiftFIBR #FIBRInsights #PaymentFraud #ATO #AccountTakeovers #2FA #AIPowered #GrowFearlessly

The Sift team is getting ready for the EPAY SUMMIT later this month. If you'll be attending, take a look at all the other ways you can connect with our team: https://buff.ly/3URBTWW #FraudPrevention #PaymentFraud #AIPowered #GrowFearlessly #payments #paymentstalk #epaysummit

Please join us in welcoming Steve Love who has joined Sift as our Chief Financial Officer! With over three decades of extensive experience in enterprise finance, Steve brings a wealth of knowledge and expertise to our team. In his own words, Steve shares his excitement about stepping into this pivotal role at Sift: 📌 “What really drew me to Sift was the integral role we hold for our customers. Unlike many B2B companies where solution churn risk is high and tech stacks are temporary, Sift is an essential component of customer experience, fraud operations, and strategic growth for every business we support. Get to know Steve in our newest blog: https://buff.ly/3JQNgs1

The Sift team is getting ready for the EPAY SUMMIT later this month! If you'll be attending, don't miss Trust and Safety Architect Rebecca Alter's talk on combating fraud with intelligent tools on May 21, and take a look at all the other ways you can connect with our team here: https://buff.ly/3URBTWW #FraudPrevention #PaymentFraud #AIPowered #GrowFearlessly #payments #paymentstalk #epaysummit

Please join us in welcoming Steve Love who has joined Sift as our Chief Financial Officer! With over three decades of extensive experience in enterprise finance, Steve brings a wealth of knowledge and expertise to our team. In his own words, Steve shares his excitement about stepping into this pivotal role at Sift: “What really drew me to Sift was the integral role we hold for our customers. Unlike many B2B companies where solution churn risk is high and tech stacks are temporary, Sift is an essential component of customer experience, fraud operations, and strategic growth for every business we support. Get to know Steve in our newest blog: https://buff.ly/4dupVK9 #CFO #AIPowered #GrowFearlessly #FraudPrevention

A great time at the 15th annual eFraud Global Forum (eFG) with Sift's Armen Najarian!

Money20/20 Europe is right around the corner -- we invite you to network with us and other fintech leaders at our happy hour during the conference, save your spot here: https://buff.ly/3UyBWFJ #Money2020 #Money2020EU #FraudPrevention #AIPowered #GrowFearlessly #FinTech #networking #HappyHour

Many of us have disputed a purchase at one point or anther, after recognizing an unfamiliar charge or mistakenly buying an item or service. Rebecca Alter, Trust and Safety Architect at Sift sheds light on how chargebacks work and how they effect both consumers and businesses in CNN: https://lnkd.in/gBNzrMB9 #FraudPrevention #Chargebacks #Disputes #FriendlyFraud