IXOPAY and Riskified Join Forces to Strengthen E-commerce Payment Security
Global, Thursday, 9 January 2025.
The partnership between IXOPAY and Riskified, announced on January 9, 2025, aims to enhance e-commerce payment security by integrating AI-driven fraud prevention and payment orchestration solutions.
Strategic Partnership Details
IXOPAY, a leading enterprise payment orchestration platform, has partnered with Riskified (NYSE: RSKD), a prominent player in e-commerce fraud and risk intelligence [1][3]. The collaboration combines IXOPAY’s payment orchestration and tokenization capabilities with Riskified’s AI-powered fraud detection technology [1][2]. This strategic alliance, announced today, focuses on reducing fraud chargebacks while improving sales conversion rates through the reduction of false declines [1][2][3].
Leadership Perspectives
Brady Harris, CEO of IXOPAY, emphasized the partnership’s significance: ‘IXOPAY’s mission to deliver a comprehensive, secure payment orchestration platform is advanced by our exciting partnership with Riskified’ [1][2][3]. Riskified’s CEO, Eido Gal, reinforced this sentiment, highlighting the partnership’s role in optimizing merchant payment processes and improving operational efficiency [1][2][3].
Industry Impact and Implementation
The partnership has already garnered positive industry feedback, with Sarah Boehmer, Senior Director of Payment Processing & Fraud Strategy at Super.com, noting that the collaboration will provide a market advantage by ensuring PCI compliance and customer fraud protection [1][2]. The implementation is expected to roll out in Q1 2025 [7], with a particular focus on e-commerce platforms operating in North America [7].
Upcoming Industry Showcase
The partnership will be showcased at upcoming industry events, including a networking reception planned for January 11, 2025, in New York City, followed by Riskified’s presence at NRF 2025 from January 12-14 [1][2]. This venue will provide an opportunity for industry professionals to learn more about the integrated solution’s capabilities in enhancing payment security and fraud prevention.