Stay a Step Ahead of Money Movement Fraud

When money moves, fraudsters hustle. Monitor transactions, protect user accounts, and deliver winning customer experiences with Sift.

“Sift makes it very accessible to fight fraud on a world-class level.”

—Nate Spanier, Director of Operations, Remitly

See Sift in Action Dive into Payment Fraud Data

+29%

YoY increase in digital wallet fraud (2023 vs. 2022)

$1.9B

Lost to crypto crime in 2020 (CypherTrace)

250M

People used neobanking in 2023

New Growth = A Feeding Frenzy for Fraudsters

Managing and moving money is easier and faster than ever. New fintechs—like neobanks, remittances, crypto exchanges, and PSPs—are competing and winning on user experience. But fraudsters are innovating just as fast.

$6.7B

Heritage AI, Human Expertise

Scaling account takeover attacks with automation is a favorite method for fraudsters after access to stored value and data. Fight fire with fire using Sift’s AI-led models and legacy of in-house expertise.

109%

Save Friction for Fraudsters

Innovate into new spaces with secure, winning user experiences that shift growth into overdrive by applying friction only when it’s needed.

Smarter Moves to Protect Money in Motion

Secure Every Transaction from Start to Finish. Neobanks, cryptocurrency exchanges, NFT marketplaces, and digital wallets are the new ATMs for fraudsters. Stop unauthorized deposits, transfers, and withdrawals in real time.

Defend User Accounts with Identity-Level Data. Crush fake accounts before they’re created and protect existing users from account takeover attacks.

Win with a Singular, Streamlined User Experience. Confidently place trust in transactions and users, and keep trust and safety teams free to focus on optimizing how customers connect with your business.

Building an Internal Risk Engine? The Sift Score API adds critical external context to internally-built risk models. Detect global & industry threats with real-time risk scores powered by 1T annual consortium events. Build the way you want, without sacrificing access to the powerful tools in the Sift Console. Learn more.

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What Winning Looks like

1.3%

Fraud attack rate for Sift’s neo & challenger bank customers

1.7%

Manual review rate for Sift’s cryptocurrency customers

0.29%

Chargeback rate for Sift’s remittance customers

Fearlessly Break into New Markets

TapTap Send is a remittance service primarily in Europe, Africa, and Asia. Sift’s high precision helped them expand into North America while reducing chargebacks to 0.01%.

Sift is reliable to the point where we have chargebacks well below our target threshold.”

Joe Lawrance

Director of Operations at Taptap Send

Build and Sustain Customer Trust

Accurately identify converting customers from risky account sign-ups with automatic, built-in step up challenges that deploy in response to suspicious activity.

Scale Fraud Operations

Automate risk decisions with Sift Workflows, deep-dive into complex cases, and accelerate manual review with a comprehensive view into account activity and data using the intuitive, customizable Sift Console.