March 05, 2015 11:27 PM ET

Internet Software and Services

Company Overview of Verifi, Inc.

Company Overview

Verifi, Inc. provides a Software-as-a-Service platform that provides global electronic payment and risk management solutions for card-not-present (CNP) merchants. It offers a global payment gateway that provides real-time and batch, credit card, ACH, and eCheck payment processing for CNP merchants; and fraud and risk management solutions, including rules engine, intelligence suite, payer authentication, merchant cooperative transaction database, transaction filters and controls, and velocity controls. The company’s global payment gateway that provides various networks support, transaction routing, payment vault tokenization, hosted payment page, billing management, multi-currency, and enterp...

8391 Beverly Boulevard

Suite 310

Los Angeles, CA 90048

United States

Founded in 2005





Key Executives for Verifi, Inc.

Founder, Chairman, Chief Executive Officer and President
Vice President of Finance and Accounting
Chief Operating Officer and General Counsel
Chief Marketing and Strategy Officer and Senior Vice President
Chief Revenue Officer and Senior Vice President
Compensation as of Fiscal Year 2014.

Verifi, Inc. Key Developments

Verifi, Inc. Appoints Chris Derossi as Chief Technology Officer

Verifi, Inc. announced the appointment of Chris Derossi as Chief Technology Officer. In his new role, Derossi will oversee the technology team and drive technical innovation for company's products and services globally. Derossi brings a wealth of technology and payments experience to his new position at Verifi. Most recently, he was Chief Technology Officer at Ultimate Gaming. Early in his career Derossi served as Chief Architect for MacOS at Apple. He later moved on to help establish and grow several Silicon Valley start-up companies. Derossi was also the founder and CEO of CyberArts.

Verifi, Inc. Appoints James Byler to Vice President of Global Issuer Sales and Partnerships

Verifi, Inc. announced the appointment of James Byler to vice president of global issuer sales and partnerships. In his new role, he will work with issuers to promote the benefits and return on investment the issuers will experience with the company's Cardholder Dispute Resolution Network (CDRN). Prior to joining Verifi, Blyer founded Linkpay, a cloud omni-channel payment platform. Before Linkpay, he headed the North American division of Ogone, a Belgium-based global payment service company acquired by Ingenico in 2013.

Verifi, Inc. Announces Expansion of Premier Chargeback Revenue Recovery Service

Verifi, Inc. recently expanded the capabilities of the Premier Chargeback Revenue Recovery Service, giving merchants more tools to recover funds lost to chargebacks. Verifi currently processes more than $11 billion in sales transactions and more than 1 million chargebacks each year. To help merchants, Verifi recently expanded the capabilities available in its Premier Chargeback Revenue Recovery Service. A new Fast-Trak integration is now available that dramatically reduces IT involvement giving merchants the ability to start recovering revenue quickly without tying up scarce IT resources. The service works directly with processors (and via direct bank integrations) to help merchants quickly recover funds lost to chargebacks. Additionally, the service is now omni-channel and covers both Card Not Present and Card-Present transactions across all major payment brands and now even PayPal. The Premier Chargeback Revenue Recovery Service includes in-depth analytics and reporting features that can also help identify operational problems and improve fraud and chargeback prevention measures.

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