Radial Selects Riskified to Power Payment Fraud and Refund/Return Protection for Merchant Client Portfolio

Core Insights - Riskified has formed a strategic partnership with Radial to enhance payment fraud and refund/return protection for Radial's merchant clients [1] - The integration of Riskified's AI-powered platform aims to help merchants approve more legitimate orders while minimizing losses from payment fraud [1] - Radial, which will rebrand as Paxon, operates a global ecommerce fulfillment network with over 20 centers in North America [1] Group 1: Partnership Details - The partnership allows Radial to utilize Riskified's advanced fraud decisioning capabilities, enabling merchants to calibrate the checkout experience based on risk without delaying fulfillment [1] - Riskified's platform provides real-time fraud decisions at checkout, approving or declining transactions while assuming full financial liability for fraud chargebacks [1] - The collaboration also includes Riskified's Policy Protect solution, which helps merchants identify abuse patterns and implement effective policies against fraudulent claims [1] Group 2: Operational Benefits - Radial's teams can leverage Riskified's Dispute Resolve platform to streamline chargeback management, centralizing data and reducing manual efforts [1] - This partnership is expected to enhance the efficiency of Radial's operations, allowing brands to protect revenue and improve customer experiences across the ecommerce lifecycle [1] - The integration of Riskified's fraud intelligence is positioned to strengthen Radial's service offerings to sophisticated retailers [1]