Corgi Labs vs Riskified

Corgi Labs vs Riskified

Riskified draws on over a billion prior transactions and guarantees the orders it approves. Corgi Labs builds a model on your own payments and runs it alongside Riskified, so you see the lift before you switch.

How it works
Backed by Y Combinator

Stripe Verified Partner

THE SHORT ANSWER

Three differences that matter

Riskified learns from its global merchant network. Corgi Labs is built around one merchant: you.

  • A model built on your data

    Riskified draws on over a billion prior transactions. Corgi Labs trains a model on your own transaction history.

    A dot grid labelled Riskified network, with one highlighted block of dots labelled Your data

  • Proof before you switch

    Corgi Labs runs alongside Riskified on your payments and reports the lift against a real holdout period.

    A line chart where the Corgi Labs line climbs away from a flat, dashed Riskified line

  • Pricing tied to results

    Riskified charges for approved orders and covers chargebacks. Corgi Labs pricing is a share of the revenue lift it adds.

    A gauge under a $$$ figure, with its needle labelled Share of the lift

AT A GLANCE

Corgi Labs and Riskified compared

What each one learns from, how results are proven, and how pricing works.

Riskified

  • Draws on over a billion prior transactions
  • Approval and chargeback guarantee
  • Reports up to 20% higher approval rates
  • Pay only for approved orders
  • Policy Protect for returns and promo abuse

Corgi Labs

  • A model trained on your own transactions
  • Custom to your business and customers
  • Proven on your history before it goes live
  • Pricing tied to the lift, no fixed platform fee
  • Free diagnostic on read-only access

Source: Riskified details from riskified.com and riskified.com/chargeback-guarantee, checked 27 Oct 2026.

+4.2 pts

Approval rate for a gift-card merchant, 87.4% to 91.6% (estimated)

4%+

Revenue from approvals recovered (estimated)

−0.7%

Lower dispute rate, 0.855% to 0.849% (estimated)

−0.7%

Lower fraud rate, 0.836% to 0.830% (estimated)

HOW SWITCHING WORKS

Run Corgi Labs alongside Riskified

Keep Riskified live while Corgi Labs proves the lift on your own payments. Switch when the numbers say so.

  1. 01

    Connect

    Connect your payment processor and history.

  2. 02

    Backtest

    We train a model on your history and show what it would have caught.

  3. 03

    Run alongside

    Corgi Labs scores the same payments as Riskified without touching live traffic.

  4. 04

    Switch

    Once the lift is proven, Corgi Labs takes over live approve and block decisions.

  5. 05

    Improve

    The model keeps learning from your newest payments.

WHEN RISKIFIED IS ENOUGH

When Riskified is the better fit

Corgi Labs isn’t the right call for every merchant.

  • Low payment volume

    A custom model needs enough of your own payment history to learn from.

  • You want a chargeback guarantee

    Riskified covers chargebacks on the orders it approves. Corgi Labs prices on the lift it adds instead.

  • Policy abuse is the bigger problem

    Riskified Policy Protect targets refund, returns and promo abuse.

Built to meet the highest security and regulatory standards. Enterprise-grade compliance, verified.

  • PCI DSS
  • SOC 2
  • GDPR
  • ISO 27001

Get started

Get your free diagnostic

Tell us about your payments. We’ll show you what Corgi Labs would change next to your current Riskified setup.

Compare

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