Signifyd
The Total Economic Impact of Guaranteed Fraud Protection in Ecommerce
Summary
A Forrester Consulting study, commissioned by Signifyd, evaluated the financial and operational impact of implementing Signifyd's machine-learning-based fraud protection with a financial guarantee for...
Value Drivers
Challenges
- Increasing threat of online fraud and data breaches affecting ecommerce businesses
- Lack of real-time visibility into operations
- Difficulty in scaling current infrastructure
- High operational costs due to legacy systems
3 more challenges available
Solutions
- Implementation of Signifyd's machine-learning-based fraud protection system with a 100% financial guarantee for approved orders
- Deployed real-time monitoring and analytics platform
- Migrated to cloud-based scalable infrastructure
2 more solutions available
Outcomes
- Order acceptance rate increased from 88.5% to 93.5%
- Achieved 24/7 real-time visibility and monitoring
- Successfully scaled operations to support 3x growth
- Decreased operational costs by 40% annually
- Improved data accuracy and accessibility by 85%
- Automated 70% of manual processes
- Enhanced decision-making with unified analytics
- Strengthened security posture and reduced vulnerabilities
7 more outcomes available
Products
Software
Signifyd Guaranteed Fraud Protection
A machine-learning-based fraud protection solution for ecommerce, offering a financial guarantee on approved orders.
Target Organization
unknown
Description: A major retailer operating in ecommerce, as evaluated in the Forrester TEI study commissioned by Signifyd.
Industry:Ecommerce, Retail