Deco is a real-time solution for recovering orders lost to card-not-present payment authorization failures. As many as 72% of online shoppers whose payments fail authorization are actually legitimate customers. Deco uses Riskified’s AI-powered decisioning platform and the breadth of its merchant network to identify the legitimacy of the shopper behind the transaction. Once confirmed as legitimate, the transaction is intelligently submitted for payment authorization to increase the overall approval for the merchant. With Deco, a luxury European brand, has recovered 9.62% of Deco-eligible US credit card payments annually, and more than half of its Deco users double their spend on return shopping trips.
Source: https://www.helpnetsecurity.com/2021/05/05/riskified-deco/