25.10.16

Europe’s first chargeback remediation specialist announces investment in leading user authentication expert for international growth.

Details of this strategic partnership will be publicly disclosed at the world’s leading payments event, Money 20/20, in Las Vegas October 23-26, 2016. As part of this progressive collaboration, Global Risk Technologies adds authentication intelligence to their ongoing efforts to help achieve sustainable growth throughout the eCommerce ecosphere. In addition to coming alongside payments giant and collaborator, Worldpay, Global Risk Technologies is pleased to join other global thought leaders on the Veridu board of directors.

Global Risk Technologies operates a number of patented technologies, including Intelligent Source Detection™ and Affiliate Fraud Alerts™ to help pinpoint the true reasons behind chargebacks and protect against fraud. Its investment in cutting-edge technology is born from its ethos of righting inefficiencies in payments and related processing technology worldwide.

Gary Cardone, Co-Founder and CEO of Global Risk Technologies, comments

“We have looked at dozens of similar investments over the last couple of years and are very impressed with Veridu’s technology, leadership, and composition.”