Software Alternatives, Accelerators & Startups

Logical Commander VS Riskified

Compare Logical Commander VS Riskified and see what are their differences

Note: These products don't have any matching categories. If you think this is a mistake, please edit the details of one of the products and suggest appropriate categories.

Logical Commander logo Logical Commander

First platform to detect, reduce and prevent internal risks

Riskified logo Riskified

eCommerce fraud prevention solution and chargeback protection guarantee for online merchants. Find out how we can help your company boost revenue from online sales using our machine-learning powered eCommerce fraud protection software.
  • Logical Commander Landing page
    Landing page //
    2023-09-02
  • Riskified Landing page
    Landing page //
    2023-10-20

Riskified

Release Date
2012 January
Startup details
Country
United States
State
New York
City
New York
Founder(s)
Assaf Feldman
Employees
500 - 999

Logical Commander features and specs

No features have been listed yet.

Riskified features and specs

  • Chargeback Guarantee
    Riskified offers a chargeback guarantee on approved transactions, meaning if a fraudulent transaction is approved by their system, Riskified will cover the cost of the chargeback, providing a financial safety net for merchants.
  • Increased Approval Rates
    Merchants often see increased approval rates because Riskified's advanced algorithms and machine learning models are tailored to accurately identify genuine customers, allowing more legitimate transactions to be approved.
  • Global Solution
    Riskified supports a wide range of payment methods and currencies, making it suitable for merchants with a global presence and varying customer demographics.
  • Seamless Integration
    The platform offers seamless integration with major e-commerce platforms and payment gateways, reducing the time and effort required for merchants to set up and begin protecting transactions.
  • Advanced Analytics
    Riskified provides merchants with detailed analytics and reporting tools, helping them understand transaction patterns, assess risk, and optimize their operations.

Possible disadvantages of Riskified

  • Cost
    The service can be relatively expensive for smaller businesses, especially those with thin margins, as the pricing model typically involves a fee per transaction or a percentage of the transaction value.
  • Complexity
    For businesses without a dedicated team for fraud prevention, understanding and leveraging all the features and data that Riskified provides can be complex and time-consuming.
  • Dependence on External Provider
    Relying on Riskified for fraud prevention places a critical aspect of the business's operations in the hands of an external provider. Any downtime or service issues with Riskified could directly impact transaction processing.
  • False Positives
    While Riskified aims to minimize false positives, there is always a risk that legitimate transactions may be wrongly declined, which can lead to customer dissatisfaction and potential loss of sales.
  • Customization Limits
    Some merchants may find that the level of customization available in Riskified's fraud prevention algorithms and workflows does not fully meet their unique business needs or preferences.

Analysis of Riskified

Overall verdict

  • Riskified is generally considered a good solution for businesses looking to enhance their fraud detection and prevention capabilities. It is especially recommended for online retailers who wish to strike a balance between reducing fraud and maintaining a seamless customer experience.

Why this product is good

  • Riskified is a well-regarded eCommerce fraud prevention platform that leverages machine learning and big data to identify fraudulent transactions and boost conversion rates. It offers comprehensive solutions for chargeback protection, payment optimization, and account security. Many businesses appreciate its ease of integration, detailed analytics, and the ability to increase approval rates while minimizing fraud-related losses.

Recommended for

  • E-commerce companies
  • Online marketplaces
  • Retail businesses with significant online presence
  • Merchants dealing with high volumes of transactions
  • Businesses seeking advanced analytics for fraud insights

Logical Commander videos

No Logical Commander videos yet. You could help us improve this page by suggesting one.

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Riskified videos

Riskified Educational Webinar: Automating The Fraud Review Process (Summer Boot Camp - 2nd Webinar)

More videos:

  • Review - Riskified Educational Webinar: Optimal Manual Review (Summer Boot Camp - 3rd Webinar)
  • Review - Riskified : Nanoleaf case study

Category Popularity

0-100% (relative to Logical Commander and Riskified)
Risk Management
100 100%
0% 0
eCommerce
0 0%
100% 100
HR
100 100%
0% 0
Fraud Prevention
0 0%
100% 100

User comments

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What are some alternatives?

When comparing Logical Commander and Riskified, you can also consider the following products

SAS Risk Management - SAS Risk Management product suite helps companies manage regulatory, credit, and compliance risk.

Signifyd - Signifyd is a SaaS-based, enterprise-grade fraud technology solution for e-commerce stores.

Decision Risk Management Portal - Risk management allows organisations to prepare for the unexpected, by minimising risks and unforeseen impacts before they occur.

Kount - eCommerce fraud detection & prevention

KRYSTAL - Document Management System - KRYSTAL - Document Management System enables organizations to manage digital content and automate document-driven processes.

Sift - Digital Trust & Safety enables your business to grow, innovate, introduce new products, features, and business models – without increased risk.