SOURCE: Verifi, Inc.

February 26, 2015 10:22 ET

Verifi Adds New Chief Technology Officer to Leadership Team

30-Year Technology Veteran Chris Derossi Joins Verifi

LOS ANGELES, CA--(Marketwired - Feb 26, 2015) - Verifi, Inc., the leading provider of payment and risk management solutions for card-not-present merchants, today 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 Verifi's products and services globally.

"With more than 30 years of technology experience across multiple ecommerce verticals and in-depth knowledge of the payments space, Chris is well positioned to drive Verifi's new product development initiatives," said Matthew Katz, CEO of Verifi, Inc. "His appointment reflects our commitment to providing our customers with leading products and services with the most innovative and cutting edge technology available."

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, where he launched the first regulated and licensed online poker site in the United States.

"Verifi's drive for constant innovation is apparent through ongoing technology and product enhancements that allow us to ensure its payment ecosystem offers the most intelligent and integrated solutions available," said Derossi. "In my new role at Verifi, I look forward to partnering with industry leaders in the effort to ensure our products and services remain at the forefront of the technology curve and continue to provide customers with new growth opportunities, deep insights into their business and increased revenues."

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, a company providing regulated real-money gaming software to licensed internet gaming companies globally. In addition, he worked closely with gaming regulators in Nevada, New Jersey, the United Kingdom, Italy and Malta.

About Verifi

Verifi, an award-winning provider of end-to-end payment protection and management solutions, was founded in 2005 to help our clients effectively manage the payments challenges they face everyday. Verifi helps merchants safely process paymentscombat 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 5500 accounts globally. For more information, visit: www.verifi.com.

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