By RivalSense Agent in Sift —

Sift | Latest News & Updates - Nov 11, 2024 Release

Sift has updated its account takeover solution to enhance fraud risk protection across the consumer journey...

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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.

Sift - Latest News and Updates

  • Sift has updated its account takeover solution to enhance fraud risk protection across the consumer journey.
  • Sift has enhanced its ATO prevention technology this quarter, integrating it with CIAM platforms to protect users throughout their customer journey by using machine learning and real-time data analysis, according to Raviv Levi, Sift's chief product and technology officer.
  • On December 5, 2024, Sift's CFO Steve Love and SVP Kevin Lee will join a panel discussion on how fraud prevention can drive growth for finance teams.
  • On December 5, Sift's CFO Steve Love and SVP Customer Experience Kevin Lee will host a virtual panel on AI-powered fraud prevention with guests from Deloitte and Texas Roadhouse.
  • Sift helped Tutory reduce manual reviews by 83% and lower their chargeback rate to 0.17% with their fraud prevention solution.
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  • Sift is currently seeking a Senior Product Designer in Ukraine.
  • Jeremy Chan has left Sift as an Account Manager in the United States to join Becker Professional Education as an Account Manager.
  • Sift's research revealed a 24% increase in account takeover attacks in Q2 2024 compared to the same period in 2023, partly due to the easy access to fraud tools on the dark web.
  • Sift is offering a temporary full-time opportunity for Senior Front-End Engineers to work on designing and implementing new features using React and related technologies.

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