Internship
Signifyd
501-1,000 employees
Fraud protection for online retailers
No salary listed
New York, NY, USA
In-office collaboration required 1-2 times per week.
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- Be working towards a bachelor's or advanced degree in Computer Science or Software Engineering
- Have an interest or desire to work with Java, Python, SQL or any of our development stack, or you’ll have worked with some of our stack's technologies before on your own time or for your own projects
- Have an interest in machine learning
- Be willing to ask for help if you need it
- Be comfortable making a mistake, but be willing to learn from it
- Be open to learning from others and always curious to know more
- Contribute to our features and products and participate fully in your team’s responsibilities
- Participate in daily stand-ups from the get-go
- Be part of a team responsible for the full lifecycle of their products: design, development, unit testing, integration testing, deployment, monitoring and iterative improvement
- Be part of a team responsible for the full technology stack related to their product or feature - from the user level APIs right down to the databases, streams, and queues backing that functionality
Signifyd specializes in fraud protection for online retailers, helping them detect and prevent fraudulent activities. The company provides a platform that uses machine learning and artificial intelligence to analyze transactions in real-time, identifying potential fraud. This allows retailers to reduce chargebacks and approve more legitimate orders, ultimately increasing their revenue. Signifyd differentiates itself by offering a financial guarantee on approved transactions, meaning they will cover costs if a transaction they approve is later found to be fraudulent. This added security builds trust with clients. Operating globally, Signifyd ensures transparency with real-time data on system performance, allowing retailers to focus on their core business without the constant worry of fraud.
Company Size
501-1,000
Company Stage
Series E
Total Funding
$411M
Headquarters
Palo Alto, California
Founded
2011
Simplify's Take
What believers are saying
- Growing e-commerce sales boost demand for Signifyd's fraud protection services.
- Partnerships with Adobe and Swap expand Signifyd's market reach and capabilities.
- AI integration enhances fraud detection accuracy, improving client satisfaction.
What critics are saying
- European expansion may face regulatory challenges impacting operations.
- Complex eCommerce fraud requires continuous adaptation of Signifyd's strategies.
- Dependence on AI necessitates constant updates to maintain fraud detection effectiveness.
What makes Signifyd unique
- Signifyd offers a financial guarantee on approved transactions, enhancing client trust.
- The company uses advanced AI for real-time fraud detection, reducing chargebacks.
- Signifyd's global reach allows it to serve diverse e-commerce markets effectively.
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Benefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Flexible Spending Account/Flexible Spending Account
Unlimited Paid Time Off
401(k) Company Match
Stock Options
Annual Performance Bonus
Paid Parental Leave
On-Demand Therapy for all employees & their dependents
Dedicated learning budget through Learnerbly
Company Social Events
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 1%2 year growth
↑ 3%LONDON - (BUSINESS WIRE) - Swap, the e-commerce operating system (OS) that consolidates global operations within one platform for e-commerce brands, today announced a strategic partnership with Signifyd, a leader in fraud and abuse prevention.
When Kevin Boyd joined Signifyd as a consultant in 2017, he was struck not only by the company's unusual business model but also by its open, optimistic, and collaborative culture.
"Retailers can leverage the integration to enhance their security against fraudulent activity, while shifting any liability. Our clients can rest easy that they aren't losing potential sales, while they won't be held responsible for chargebacks." -Ian Goldman, President and CEO of Celerant
SAN JOSE, Calif.--(BUSINESS WIRE)--Signifyd today announced the 2024 winners of its Most Influential in Ecommerce award, honoring retail professionals who found innovative ways to serve customers while helping their organizations prosper in the face of relentless inflation and the uncertain prospects for the economy as a whole. This group of retail’s leading lights demonstrated uncanny resilience while inspiring teams in an industry that consistently delivers a message that retail isn’t going to get any easier. Besides the constant challenges of increasing customer expectations and rapidly evolving technology, the class of 2024 has powered forward in recent years despite supply chain disruptions, economic turbulence, and fierce competition for shoppers’ online attention and dollars. “Each class of the Most Influential in Ecommerce seems to outdo the last,” Signifyd CEO Raj Ramanand said in announcing the honorees. “Year after year, we’ve seen incredible examples of ecommerce leaders who have adjusted to unexpected disruptions and unforeseen changes in markets and consumer behavior. It’s a privilege to work with such high-caliber leaders as we chart the course of commerce together.”
Commerce protection provider Signifyd today unveils its latest data on European consumer return trends, revealing a crucial consideration for retailers in today’s evolving economic landscape.The research, conducted by OnePoll across Europe in February 2024, highlights a key insight: While inflation may be easing, cost-conscious consumers prioritise retailers offering flexible return policies and payment options. This underscores the importance of going beyond the “buy now” button and focusing on the entire retail life cycle, from delivery to return.With returns globally costing retailers more than $700 billion in 2023 and projected to cost nearly $1 trillion by the end of the decade, retailers need innovative strategies to manage the process effectively. Beyond the rising cost of legitimate returns, any future-focused strategy must account for fraudulent returns. The challenge is growing rapidly, given that the adoption of SCA has made traditional payments fraud more difficult.Key Findings:Return policies drive buying decisions: 76% of European consumers consider return policies fairly or very important when choosing a retailer, with Italy and Spain placing the highest value on this factor (48% and 47% respectively saying “very important”).Ease of return is paramount: 94% of respondents find ease of return crucial, with a majority stating they’d be less likely to shop at a retailer offering only store credit (50%) or charging for return costs (57%).Preferred return methods vary: The top three preferred return methods are courier collection (35%), Post Office drop-off (32%), and in-store returns (26%), with return bars being the least popular (7%). Notably, British and Spanish consumers favour in-store returns the most (both at 34%).Common reasons for return rejection: The most frequent reasons for rejected returns include exceeding the return window (13%), damaged items (12%), and returning products excluded from the policy (9%).The most frequent reasons for rejected returns include exceeding the return window (13%), damaged items (12%), and returning products excluded from the policy (9%). Payment preferences differ geographically: Over half of Italians (55%) and Spaniards (53%) prefer PayPal, while 55% of Britons favour credit cards.The research conducted serves as a warning to European retailers not to rely on customer experience ending with the purchase; instead, they need to account for the full retail life cycle through delivery and possession.Amal Ahmed, Director, Financial Services and EMEA Marketing at Signifyd said, “Our research highlights the complexities retailers face in today’s evolving consumer landscape