💡 Our newest Q2 2024 Digital Trust Index is live! Key findings—AI fraud on the rise: Over half of businesses are reporting AI-backed attacks on a daily or weekly basis, and almost 70% of consumers say it has become more difficult to identify scams, thanks to AI. 🔍 Discover more insights on AI fraud trends, consumer impacts, and how to combat these sophisticated threats—read the full report now: https://buff.ly/4ezLjyb #AI #FraudPrevention #AIFraud #NewReport #FraudTrends #FraudData #AIPowered #GrowFearlessly
About us
Sift is the AI-powered fraud platform securing digital trust for leading global businesses. Our deep investments in machine learning and user identity, a data network scoring 1 trillion events per year, and a commitment to long-term customer success empower more than 700 customers to grow fearlessly. Brands including DoorDash, Yelp, and Poshmark rely on Sift to unlock growth and deliver seamless consumer experiences. Visit us at sift.com.
- Website
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https://sift.com
External link for Sift
- Industry
- Computer and Network Security
- Company size
- 201-500 employees
- Headquarters
- San Francisco, California
- Type
- Privately Held
- Founded
- 2011
- Specialties
- Machine Learning, Software as a Service (SaaS), Fraud Detection, Predictive Analytics, Big Data, Data Visualization, Digital Trust, Digital Trust & Safety, Risk management, Payment Fraud, Fraud Detection Software, Revenue Growth, Artificial Intelligence, Fraud Expertise, and Fraud Prevention & Protection
Products
The Sift Platform
Fraud Protection Software
AI-fueled fraud tools are the key to enabling next-level consumer experiences. Sift’s AI-powered platform transforms fraud prevention into a competitive advantage for you, your team, and your consumers.
Locations
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Primary
525 Market St
San Francisco, California 94105, US
Employees at Sift
Updates
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🎊 A warm welcome to our newest employees! Yuval Shchory Molly Whalen Alexandra Shatova Kyle Link If you're curious about opportunities at Sift, visit https://sift.com/careers #WorkplaceCulture #NewHires #Careers #PeopleCulture #EmployeeSuccess #Hiring
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Online marketplaces are thriving, but they also face unique fraud challenges from both buyers and sellers. From fake profiles to false advertising, these threats can undermine customer trust and cause significant financial losses. Here we share how to protect your marketplace, enhance user trust, and keep your community thriving: https://buff.ly/3Yo3FN5 #MarketplaceFraud #FraudPrevention #ECommerce
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Sift and About Fraud just wrapped our final Risk Revenue Forum last night in San Francisco. A huge thank you to everyone who came out, PJ Rohall who helped make these happen, and to our speakers Brittany Allen Rosa Y., Jane L., and Raviv Levi!
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We're back with another #FIBRFriday, where we share insights from our Fraud Industry Benchmarking Resource, FIBR. This week, we're taking a close look at accounts with loyalty points, which have a high rate of account takeover attacks (ATO), reaching as high as 11% in Q1 of this year, well above other industry averages which hover around 2-3%. Online accounts holding loyalty points are prime targets for account takeover attacks because these points have monetary value and can be redeemed for goods, services, or discounts. Attackers can easily exploit these accounts for financial gain, often with less scrutiny compared to direct financial transactions. And many consumers may not monitor their loyalty points as closely as their bank accounts, making it easier for fraudsters to go undetected. 🔗 FIBR is interactive, explore the tool yourself to compare your business's fraud metrics across industries or geographies: https://buff.ly/3K7l9ES #FraudPrevention #FraudTrends #Fraud #FraudRates #SiftFIBR #FIBRInsights #ATO #AccountTakeovers
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PSD3 (Payment Services Directive 3) and PSR (Payment Services Regulation) are here, setting new standards for security, fraud reduction, and customer experience in the European Economic Area (EEA). Our latest blog breaks down these changes and how Sift supports businesses in staying compliant and secure: https://buff.ly/3YkiXT4 #DigitalPayments #FraudPrevention #Compliance #PSD3 #PSR
Navigating PSD3 and PSR: How Sift Supports Compliance and Fraud Prevention - Sift
sift.com
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🚀 We’re celebrating Sift’s recent successes, driven by a wave of industry recognition, community expansion, product innovation, and a fortified executive team! Here’s just a few of our recent wins: - Our AI-powered fraud platform continues to stand out in a crowded market, earning more accolades from both @Forrester Research and @G2. - Sifters, our customer community, has grown to over 1,500 active users who have a place to collaborate and share best practices with fellow fraud fighters worldwide. - Our executive team is stronger than ever with the addition of Steve Love (CFO) and Raviv Levi (CPO), bringing fresh leadership and expertise. - In May, we introduced RiskWatch, a patent-pending innovation that dynamically adjusts fraud prevention capabilities using AI, acting like intelligent cruise control for risk teams. Find out more: https://buff.ly/3Sq1rc3 #FraudPrevention #FraudDetection #G2 #ForresterWave #CustomerCommunity #AIPowered #GrowFearlessly #Leader #G2Leader
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⭐ Time for a #CustomerSuccess story: ⭐ Take a look at how Sift worked with pioneering skincare brand Paula's Choice Skincare to reduce chargebacks, save $100k in fraudulent orders within days, and achieve a 6x ROI -- read the full case study here 👉 https://buff.ly/4bVQHJe We're grateful to collaborate with global, innovative companies like Paula's Choice to combat fraud and ensure their customers have a secure and positive user experience. #FraudPrevention #Chargebacks #Fraud #Ecommerce #CaseStudy
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⚠ 🤖 Almost a third of consumers say they've faced AI-driven fraud attacks, and nearly 20% of those actually fell for the scams. Interestingly, 13% of people also admit to entering their personal or sensitive information into a GenAI tool, making it more likely for their data to be used in phishing attacks or to access their accounts and payment methods. 🔗 For more findings from our latest research on AI and fraud, read our full report: https://buff.ly/4ezLjyb #FraudPrevention #AIFraud #GenAI #NewReport
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In case you missed it -- check out what we heard and learned in our series of global Risk Revenue Forum events with About Fraud -- we recapped the key takeaways in our blog here: https://buff.ly/3W5ggSu ⤵ 🔜 And if you live in the Bay Area, you're in luck, because our final Risk Revenue Forum is coming up this week. Join Brittany Allen from Sift, PJ Rohall from About Fraud, Jane L. from Vercel, Michael Wilkins from Turo, Rosa Y. from Google, and Sift's CPO Raviv Levi for an evening of discussion and networking with your fellow fraud fighters. 🔗 Register here: https://buff.ly/4cVpasp #FraudPrevention #DigitalTrust #RiskRevenueForum #Networking