February 26, 2018
Sourabh Kothari
Sourabh is the Director of Merchant Advocacy at Signifyd, where he brings over 18 years of experience defining, designing and delivering content through stories, events and video.

Signifyd Helps Magento Drive Global Commerce for Europe’s Leading Brands

Magento drives global commerce for Europe’s leading brands. With complete visibility of their back office, Magento can see their business end-to-end, allowing their merchants to focus on growth. A key problem Magento solves for their merchants completely is online fraud. Brands like Dyson, Helly Hansen and iRobot lead their industries with innovation and consistently high quality products, and for years Magento has provided protection and taken liability for chargebacks.

Managing Fraud in Europe

Managing fraud in Europe is different. There are many countries with different privacy laws. For example, Google Maps data for Germany will blur images of properties, but property data for Denmark is highly accurate. So when you can’t find someone it raises a few questions. And just because you’re good at identifying fraud in the UK that doesn’t mean you can catch fraudsters in France. Data sets can be very thin and consumers often have very limited digital footprints. Regardless, orders for leading brands need to be approved, and approved fast. Merchants offering Express Delivery need to ship their orders by 11:00 AM.

Guaranteed Fraud Protection Drives Global Growth

Signifyd allows Magento to accept more orders for their merchants without fraud losses. With real-time machine learning, Signifyd can determine patterns in milliseconds to accept genuine orders and reject fraudulent ones. Merchants get complete transparency from Signifyd, so they know every detail about every order they’re shipping around the world. With a global database of merchants and partnerships with the world’s leading data providers, Signifyd is the world’s largest provider of Guaranteed Fraud Protection, providing a 100% financial guarantee against fraud and chargebacks. This gives Europe’s leading merchants the confidence to acquire new customers and drive growth in new markets.

The holidays bring increased volume, order velocity and numerous opportunities for fraudsters. Last holiday season European merchants saw twice as much volume and needed to ship orders in half as much time. Signifyd allowed Magento’s merchants to correctly accept more orders and ship them out on time.

Europe’s leading merchants trust Magento to protect them and Magento trusts Signifyd. Together, we’re driving global growth for Europe’s leading brands.