Disclaimer: All information in this article is based on publicly available sources gathered through online research. We haven’t tested each tool directly. The content was last updated in Q1 2023. If you spot anything outdated or would like to suggest an update, feel free to get in touch.
Signifyd Key Features
- The product stack breaks down into two key components: the Commerce Protection Platform, and the Payment Optimisation Platform.
- The latter is built upon four modules: the Console (main interface), Decision Center (where you can define and edit your shop policies), Insights Reporting (to drill into your transaction data), and the Onboarding Hub, designed to configure a frictionless merchant experience.
- The Commerce Protection Platform is the one focusing on fraud prevention, offering a mix of account protection, abuse prevention and payment optimization.
- All of Signifyd’s solutions are built upon its Commerce Network, a shared intelligence database designed to gather transaction data from thousands of global ecommerce retailers.
- Does the majority of heavy lifting and removes the need for a larger fraud team with its chargeback model, minimizing the need for human input.
- Specialized focus on enterprise ecommerce businesses.
- Available integrations with Salesforce, Shopify, and Magento.
- Conflict of interest with the chargeback guarantee as it is in the platform providers’ interests to minimize losses and decline payments even if there is only low risk.
- No real-time social media lookup tool for emerging markets and lower margined companies can be damaging as it helps reveal more about a given customer and support your decision making.
- Opaque pricing and no free trial available online.
G2 Comparison
SEON’s advanced APIs and device fingerprinting provide fast, scalable fraud prevention solutions, no matter the size or ambition of your organization.
Where SEON Wins Over Signifyd
- With our real-time data enrichment social look up, device fingerprinting and digital footprint analysis you can create full customer profiles based on the latest data points, which increases precision for fraud protection.
SEON vs Signifyd Conclusion
- You are looking to accept more transactions through a more detailed understanding of your customer, require more flexibility with your product and are looking for a solution that will work seamlessly with your fraud team.
- You are a large eCommerce retailer looking for a partner that will automate your fraud and payment systems through a reputable product within the sector.
See our real-time fraud prevention solution in action, boasting unique digital footprinting, granular reporting, custom risk rules and machine learning.
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Further Reading
Learn more about:
Browser Fingerprinting | Digital Footprinting | Device Fingerprinting | Fraud Detection API | Fraud Detection & Prevention
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BIN Lookup | IP Lookup | Reverse Email Lookup | Reverse Phone Lookup | Social Media Lookup
