Grow Beyond Payment Fraud

Activate growth with increased acceptance rates when you roll out the red carpet for trusted users and new payment methods.

“Sift eliminated our worries about where we were selling. We were thinking about restricting certain territories because of the level of fraud seen there, but with Sift, we’ve been able to sign over thousands of new accounts.”
—John Page, Merchant Processing Director, ChowNow

$48B
Global payment fraud losses in 2023

62%
Of payment fraud victims have experienced payment fraud 2-4x

$9.5B
Merchant losses to CNP fraud in 2023

Challenge

Deeper and Costlier Than Credit Card Fraud Alone

Payment fraud is any deceptive or unauthorized activities aimed at manipulating digital transactions. It typically involves credit cards, online payments, and other payment methods, with the intent to unlawfully obtain funds or goods.

49%
Consumers have experienced payment fraud*
*Source: Sift research and analysis

80%
Users who would abandon a brand due to payment fraud*
*Source: Sift Consumer Surveys, 2020–2023

Growth-Driven Defense Against Payment Fraud

Make context-based decisions with user-level clarity into risk. Fraud detection is instant and accurate with Sift’s heritage AI/ML models built on our massive global data network of 1T global signals.

Master manual review and time-to-value. Dive deep into investigations with an Intuitive user console designed with Clearbox Decisioning makes analysts fast, accurate, and insightful.

Clear the path for meteoric growth. Confidently approve more transactions and save friction for fraudsters, driving higher customer loyalty and revenue.

Building an internal risk engine? The Sift Score API adds critical external context to internally-built risk models. Detect global & industry threats with real-time risk scores powered by 1T annual consortium events. Build the way you want, without sacrificing access to the powerful tools in the Sift Console. Learn more.

Results that Speak for Themselves

70%
Lower chargeback rates vs. industry average
60%
Fewer manual reviews vs. industry average
55%
Lower block rate vs industry averages

OpenTable Takes Fraud Off the Menu

OpenTable was dedicated to offering seamless, enjoyable dining experiences to users, but as the platform grew more popular, fraudsters took notice. Hear how OpenTable used Sift to slash manual review rates from 30% to 5% in just a year, while driving an incredible 200% increase in fraud detection accuracy.

"We've been able to keep our fraud rates low because of the great solution Sift provides our team, and because of the amazing support your team has provided to us.”
—Ashley Newman, Director of Fraud | OpenTable

Win on Your Terms

Say goodbye to rigid review practices, disparate point solutions, and unclear decisioning. Sift meets you at your point of need and adapts with your business as it evolves.

Real Numbers, Real Results

2.7%
Payment fraud rate
Current payment fraud attack rate experienced by Sift customers from FIBR
0.052%
Fraudulent chargeback rate
Current fraudulent chargeback rate experienced by Sift customers from FIBR
1.7%
Manual review rate
Current manual review rate experienced by Sift customers (from FIBR)

Our Impact on Customer Success Across Industries

85%
Reduction in chargebacks
1
Full-time fraud team member
6x
ROI achieved with Sift
0.2%
Chargeback rate with Sift

"Sift is the center of our fraud universe and the lifeblood of our fraud team.”
—Yan Pritzker, Co-founder & CTO at Swan Bitcoin

Fraud Exposes More Than Money

From account creation to chargeback mitigation, Sift is your go-to partner in fighting fraud.

Start Your Digital Risk Assessment

Want to improve fraud operations, cut losses, and drop spend? Get started with a free, 1:1 risk assessment for your business.

What’s New at Sift

The State of Payment Fraud and Account Takeover
READ THE REPORT
The Rising Impact of Chargebacks and Consumer Disputes
READ THE REPORT
Account Takeovers in the Era of Agentic AI
READ THE REPORT