Sift
Sift, formerly known as Sift Science, is a B2B security company based in San Francisco, CA, specializing in AI-powered fraud prevention and risk management solutions for a range of industries.
Company History
Sift, formerly known as Sift Science, is located in San Francisco, CA, USA. The company is part of the B2B industry, specifically focusing on security solutions. Sift was part of the Y-Combinator batch S11. Over the years, the company has evolved to empower digital disruptors and Fortune 500 companies by unlocking new revenue streams without risk. Sift harnesses industry-leading technology and expertise to prevent fraud and abuse across various sectors.
Products and Services
Sift offers a variety of solutions to combat fraud and abuse. Its AI-powered fraud decisioning platform addresses issues like Account Takeover, Payment Fraud, Money Movement, Chargeback Fraud, Policy Abuse, and Content Scams. The platform features customizable configurations and managed services for dispute management. It also ensures compliance with industry-recognized standards for security and information processing integrity, employing network and transmission encryption along with user-level access controls.
Global Reach and Clients
Sift serves a wide array of global brands, including DoorDash, Twitter, and Wayfair. The company's global data network processes 70 billion events per month and over 1 trillion annual signals. With a presence in multiple regions, including the United States, America/Canada, and remote locations, Sift supports more than 700 global brands and partners with over 30 companies.
Technology and Innovation
Sift is recognized for its industry-leading technology and innovation. The company holds over 40 patents in superior science and technology. Its AI-powered fraud decisioning platform is noted for its ability to offer instant risk detection and decisioning for money movement. The platform also provides a 70% chargeback reduction compared to industry averages, leveraging a global data consortium for deep, user-level insights.
Expertise and Community
Supported by a community of over 100 fraud experts, Sift provides on-demand expertise through its scalable, AI-powered decisioning platform. The company is recognized by G2 as the only independent leader in AI-led risk decisioning. Sift's technology and expertise ensure the security and growth of its clients by offering comprehensive solutions and deep insights.