Verifi Names Ian Nicholson Business Development Director, EMEA

Verifi Names Ian Nicholson Business Development Director, EMEA

ID: 531721

(Thomson Reuters ONE) -


Key Executive to Support Verifi's Continuing International Expansion

LOS ANGELES, CA--(Marketwired - Mar 22, 2017) - Verifi, Inc., the leading
provider of payment and risk management solutions for card-not-present
merchants, today announced the appointment of Ian Nicholson as their Business
Development Director, EMEA. He will work from the Company's London office.

Verifi will look to Ian to broaden the Company's merchant partnerships as they
continue expansion into the UK and mainland Europe. His responsibilities will
include the on-boarding of new merchants and partners as they continue to adopt
Verifi's award-winning Cardholder Dispute Resolution Network(TM) (CDRN).

"Ian brings an impressive array of expertise to the table," said Matthew Katz,
founder and CEO of Verifi. "We will look to him to continue our UK expansion
while expanding into additional markets in Europe and beyond."

Ian holds more than twenty years of experience in building and implementing go-
to-market strategies and sales. His career began at UUNET, one of the largest
Internet service providers at the time and a pioneer in Tier 1 networks. Ian
enhanced his payment processing expertise as head of gaming for EntroPay,
Europe's largest VISA pre-paid card issuer, where he managed his sector's
revenue line and was awarded the "Excellence in Motion" honor for his work.

Most recently, Ian worked with mobile payments leader, Boku, Inc. where he was
instrumental in building and implementing sales strategies for direct carrier
billing for physical goods in the UK.

Verifi's CDRN platform processes hundreds of thousands of cases monthly and
provides merchants and issuers with unmatched protection through near real-time
collaboration for both fraud and non-fraud chargeback disputes. CDRN's patented
"closed loop" process integrates directly with top card issuers and redirects




disputes from the issuer to the merchant for resolution before they escalate and
become chargebacks. Merchants avoid costly fees, fines or penalties while
issuers support cardholder satisfaction through timely resolution, as well as
lower operating expenses.

Based on its proprietary "closed loop process," CDRN is widely considered the
most accurate and collaborative network solution for fraud and non-fraud
disputes. By leveraging timely and accurate dispute data, CDRN prevents
chargebacks and helps merchants avoid paying for false alerts that do not become
chargebacks.

Looking forward, Verifi is in the process of expanding their award-winning
dispute prevention and risk management services to further improve the payments
ecosystem for cardholders, merchants and issuers alike. As part of their
innovation plan, a new service will enable the sharing of order details in real-
time between merchants and issuers to resolve billing confusion, reduce friendly
fraud and help validate true fraud. By providing a deeper level of data,
cardholders can better recall or understand their purchases and avoid filing
false cases of fraud. This new offering will minimize the occurrences of
cardholders looking to capitalize and manipulate the system that result in
unnecessary chargebacks, lost sales and profits along with higher operational
costs and unhappy customers.

Verifi continues to invest in its UK network expansion as well as key
international markets to increase the protections and benefits CDRN offers
cardholders, merchants and issuers. The company serves a broad and growing base
of customers ranging from early stage to large enterprise merchants and top tier
issuers.

About Verifi
Verifi, an award-winning provider of end-to-end payment protection and
management solutions, was founded in 2005 to help merchants effectively manage
the payments challenges they face every day. Verifi helps merchants safely
process payments, combat fraud, prevent and resolve costly chargebacks, as well
as increase billings and keep loyal customers. Our best-in-breed solutions and
white glove support are trusted by a wide range of industries from emerging
companies to the Fortune 500. Headquartered in Los Angeles, California, we
process more than $20 billion transactions annually and currently serve more
than 25,000 accounts globally. For more information, visit: www.verifi.com.



CONTACT INFORMATION

Contact:
Kevin Mercuri
kevin(at)propheta.com
212-901-6914




This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Verifi, Inc. via GlobeNewswire




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Bereitgestellt von Benutzer: hugin
Datum: 22.03.2017 - 10:00 Uhr
Sprache: Deutsch
News-ID 531721
Anzahl Zeichen: 5245

contact information:
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Business News



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