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RivalSense tracks the most important product launches, fundraising news, partnerships, hiring activities, pricing changes, tech news, vendors, corporate filings, media mentions, and other developments of companies you're following 💡

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Sift

🌎 sift.com

Sift is the AI-powered fraud platform securing digital trust for leading global businesses. With a focus on machine learning and user identity, Sift processes 1 trillion events per year to help over 700 customers, including brands like DoorDash and Yelp, to prevent fraud while enabling growth and maintaining user trust.

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Sift - Latest News and Updates

• Sift has partnered with TTEC to provide AI-powered fraud prevention solutions.
• House Republicans have requested documents and communications from Sift as part of their expanded probe into ActBlue's use of Sift's fraud detection services.
• Chairmen Bryan Steil and Jim Jordan have requested Sift to provide documents and communications related to its fraud detection services for ActBlue, focusing on unauthorized transactions and interactions with the Executive Branch.
• Sift provides anti-fraud services to ActBlue, which now automatically rejects high-risk donations.
• Sift CMO Armen Najarian discussed fraud prevention and identity-based decisions with 1Kosmos CSO Michael Engle at Gartner IAM.

• Sift reported that during Black Friday/Cyber Monday 2024, e-commerce account takeovers doubled and travel ATO attempts increased by 144% compared to year-to-date averages, as fraudsters used bots, bulk buys, and stolen credentials.
• Kevin Lee, Sift's SVP of Customer Experience, Trust and Safety, discusses the record transactions and increased fraud during Black Friday and Cyber Monday.
• Sift is currently seeking a Senior Partner Sales Manager in the United States.
• Sift's Senior Trust and Safety Architect Brittany Allen shared new insights from their Fraud Industry Benchmarking Resource, FIBR.

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