Sift

Sift's newest report is here: Our Q3 2024 Digital Trust Index is live, and it’s packed with insights on the rising threat of account takeover (ATO) fraud. The report breaks down the latest trends in ATO, consumer behavior, AI-powered fraud, and the discovery of a new identity theft tool available for rent on Telegram. Here’s a snapshot of a few of the findings: - 24% increase in ATO attacks - Which industries are most vulnerable - How 2FA adoption is evolving - AI's role in sophisticated fraud schemes Check out the full report to find out more: https://buff.ly/3B1XgNS ?#DigitalTrust #FraudPrevention #ATO #AccountTakeovers #AI #AIFraud #AIPowered #GrowFearlessly #NewReport #FraudTrends

The third quarter of 2024 was a busy one for for Sift---from global gatherings of fraud experts to innovative product launches, and welcoming a brand new Trust and Safety Architect to the team. Here we look back at the last few months and recap some of the events and updates that shaped part of our summer and fall: https://buff.ly/4dVoJyh #FraudPrevention #DigitalTrust #QuarterlyRoundup #NewsRoundup #ATO #AccountTakeovers

?? ?? When booking travel, customers today expect a seamless and secure experience. That's why Alaska Airlines, WalletHub’s #1-ranked airline in 2024, has joined forces with Sift to prevent fraud, streamline chargeback management, and provide an enhanced experience for travelers. Kevin Lee, SVP of Customer Experience, Trust & Safety at Sift, shares how our partnership demonstrates that businesses can confidently pursue growth *and* security simultaneously: https://buff.ly/3zYlkRE #FraudPrevention #DigitalTrust #AIPowered #TravelIndustry #GrowFearlessly

Mark your calendars for Nov 12 for the MRC | Merchant Risk Council's Virtual Summit on Generative AI, sponsored by Sift ?? Join our expert speakers and panelists, including Sift's Brittany Allen and Upwork's Oxana Korzun, CFE, for a discussion on how AI is reshaping payments and fraud prevention. From exploring AI-driven innovations to navigating global regulations, this summit has something for everyone--whether you're in payments, fraud prevention, or eCommerce. ?? Register here to save your spot: https://buff.ly/4f0gt11 #FraudPrevention #Payments #AI #ecommerce

?? Great to see our team's work being recognized -- thank you 6sense for giving us the "Fastest Time to Value" Award?at #6sbreakthrough!

It's #FIBRFriday again, our weekly series where we share insights from our Fraud Industry Benchmarking Resource, FIBR. Today, we're looking at account takeover (ATO) attacks and where they're most prevalent. Our latest Digital Trust Index, powered by FIBR data, revealed that the average ATO attack rate increased by 24% in Q2 2024 compared to the same time last year. This spike follows an alarming 354% year-over-year increase in Q2 2023. When asked, consumers identified social media platforms, streaming services, bank accounts, and online shopping as the top sites or apps where they experienced ATO. ?? For more insights, check out our Digital Trust Index report for the latest FIBR findings on ATO: https://buff.ly/3B1XgNS ?? And remember that FIBR is interactive, explore the tool yourself to compare fraud benchmarks: https://buff.ly/3K7l9ES #FraudPrevention #FraudTrends #Fraud #FraudRates #AccountTakeovers #AccountHacking #DigitalTrust

We’re still celebrating Sift earning the top spot in G2’s Fall 2024 Reports, thanks to nearly 400 authentic user reviews. See what else our customers have to say about us here: https://buff.ly/3PD5aT1 #G2 #FraudPrevention #Leader #G2Reviews

Big News: We’re thrilled to welcome ?? Alaska Airlines to the Sift customer community! As WalletHub’s #1-ranked airline in 2024, Alaska Airlines is known for delivering exceptional travel experiences—and now they’re partnering with Sift to take their fraud prevention and chargeback management to the next level. With fraud rates rising in the travel industry, Alaska Airlines is stepping up to ensure their passengers can book and travel securely. Using our AI-powered platform, Alaska Airlines can automatically detect and stop payment fraud, streamline chargeback disputes, and ensure a smooth, frictionless journey for their customers—from booking to boarding. See how we’re working together to fight fraud so they can continue delivering award-winning service: https://buff.ly/3BE2Oyh #FraudPrevention #DigitalTrust #AIPowered #GrowFearlessly

?? Headed to MRC Amsterdam? Now is the time to pre-book a meeting with Kevin Lee and Tony O'Donnell from our team to discuss all things fraud prevention, save your spot here ? https://buff.ly/4dEcvu8 And don't miss Kevin Lee with Ceri Hunt and Ben Smith from Turo on 15 October for a live panel about first-party fraud and refund scams -- we hope to see you there! #MRC #MRCAmsterdam #FraudPrevention #DigitalTrust

Last call! If you haven't already, be sure to register for tomorrow's webinar with Sift's Kevin Lee and Alexander Hall ?? Just in time to help your team gear up for the 2024 holiday season -- we'll discuss holiday fraud trends and actionable strategies to prepare your fraud, finance, and customer ops teams for the season. ?? OCT 10 ?? Register now: https://buff.ly/3N9tjy5 #FraudPrevention #HolidayFraud #DigitalTrust #FraudExperts