Wildcard: De-risking Fraud with Riskified
Industry Focus
The Motley Fool
4.6 • 854 Ratings
🗓️ 6 October 2021
⏱️ 28 minutes
🧾️ Download transcript
Summary
Riskified is an eCommerce management system that allows businesses to outsource the risk of fraud associated with digital purchases. Join the Motley Fool’s Brian Stoffel as he breaks down the business model, Riskified’s proprietary AI system, and its risks in today’s episode.
Stocks: Riskified (RSKD)
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Transcript
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| 0:00.0 | Welcome to Industry Focus. The Podcast that dives into a different sector of the stock market each day. |
| 0:11.0 | I'm your host Emily Flippin. I'm Jason Moser. I'm Nick Seyple. I'm Dylan Lewis. And today |
| 0:16.0 | we're talking financials. Today we're talking consumer goods. Wild Card Wednesday. |
| 0:20.4 | And we're talking energy. And today we're talking tech. |
| 0:23.7 | Let's dive in. |
| 0:26.8 | Welcome to Industry Focus. |
| 0:28.3 | Today is Wednesday, October 6. |
| 0:30.1 | And I'm your host, Emily Flippin. |
| 0:31.9 | Today I am joined by the Fool's Brian Stoffel to talk about risk-ified. |
| 0:36.0 | It's a newly public business that's looking to solve online payment fraud. |
| 0:40.0 | Brian, thanks so much for joining. |
| 0:43.3 | I think this is your first time on industry focus ever, despite the fact that you are a prominent |
| 0:48.6 | figure here at the Fool. |
| 0:49.6 | So I'm really excited. |
| 0:50.8 | Well, thank you, Emily. |
| 0:51.6 | It's exciting to be on. I enjoy the the show I listen to it all the time. |
| 0:55.6 | Well today's show is is especially fun selfishly because you mentioned that you wanted to talk about this business in today's episode and I have to say |
| 1:04.4 | I mentioned this is an online payments fraud business so it may not sound like the type of business that I would |
| 1:10.1 | inherently be skeptical about but maybe 10 minutes into my research for the show. I was, you know, I was |
| 1:16.4 | foaming at the mouth, I was ready to go, I was like, this is another lemonade, but as I got |
| 1:21.1 | deeper into this business, it grew on me more and more and as I sit here today |
| 1:26.3 | I actually think I'm really excited about this company. So I'm excited that you brought it to me |
... |
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