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Kogan.com Taps Riskified for Fraud Prevention Initiative; Shares Up 4%

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Kogan.com (ASX:KGN) chose Riskified's identity engine and identity explore capabilities for its fraud prevention initiative, Riskified said in a statement Monday.

Kogan uses Riskified's products to achieve visibility into repeat policy abusers, promo misuse, and customer-level profitability, per the statement.

The companies are working to strengthen Kogan's fraud prevention, improve approval coverage, and give Kogan a clearer understanding of customer behavior, Riskified said.

Kogan.com's shares rose nearly 4% in recent trading on Monday.

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