LOS ANGELES, May 08, 2018 (GLOBE NEWSWIRE) -- Verifi, the leading provider of payment and risk management solutions for card-not-present (CNP) merchants, has appointed Gabe McGloin as Head of International Merchant Sales and Business Development.
Gabe joins Verifi at a time as the company expands internationally across EMEA and APAC, and as the industry observes an increase in CNP fraud. In the UK alone, fraud losses on issued cards totalled £618.0 million in 2016, of which 70% was attributed to purchases over the Internet, phone or by mail order, known as CNP fraud. He will assume responsibility for helping retailers across Europe protect consumers with verification systems in the face of such fraud.
Based in London, he will build and lead a team of merchant sales and business development professionals to expand the company’s product reach, while cultivating new revenue opportunities across Europe.
Gabe has built an impressive eighteen-year career in global e-commerce, most recently with First Data as VP for Global Business Solutions, leading a team of Enterprise Relationship Managers and Client Services teams to enhance the customer experience for First Data’s global client base. Prior to holding this position, Gabe was Executive Director for Client Services at J.P. Morgan Merchant Services, formerly known as Chase Paymentech. At J.P. Morgan, Gabe managed a client portfolio of both European-based and global e-commerce merchants, playing a key role in the executive management team, building the business to become one of the largest merchant acquirers and payment processors in Europe. Earlier in his career, he served with AOL Europe and PayPal Europe where he held a number of management roles within operations, relationship management, and business development functions.
“Gabe is an expert team builder and leader within the merchant payments field,” said Matthew Katz, founder and CEO of Verifi. “We are fortunate to have someone of Gabe’s caliber to accelerate our burgeoning European market expansion and propagate our product reach. We have found that merchants within the European market have been largely underserved when it comes to solutions to prevent chargeback fraud. Gabe’s domain expertise will greatly help us expand our end-to-end fraud and chargeback solutions to these new markets.”
Verifi will be attending the Merchant Risk Council (MRC) European Spring Conference, taking place from May 14th to 16th in Dublin, Ireland. A long-standing global member of the MRC, Verifi is hosting a panel discussion on May 15th focusing on ways merchants can improve their payments processes to reduce false declines and retain real customers through smarter fraud prevention practices. Joining Gabe on the panel will be payments fraud and risk experts from Visa, Microsoft and Adyen.
About Verifi
Founded in 2005, Verifi is an award-winning provider of end-to-end payment protection and risk management solutions. Verifi’s patented collaboration platform enables the sharing of near real-time data between cardholders, merchants, and issuers to resolve disputes, save sales, prevent fraud and stop chargebacks. Verifi’s services also help merchants fight and recover profits lost from unwarranted chargebacks, process payments securely, and optimize billings. Trusted by a wide range of businesses, from emerging companies to the Fortune 500, Verifi is headquartered in Los Angeles and serves thousands of accounts globally. For more information, visit: verifi.com.
Contact: Kevin Mercuri
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