Press Releases

Verifi Relocates Headquarters to Accommodate Future Growth

Larger Los Angeles Office Necessary to Support Planned Expansion of Verifi’s Offerings
Los Angeles, California – (September 16, 2010) – Verifi™, Inc., a leading provider of payment and risk management solutions for card-not-present merchants, today announced the opening of its new corporate headquarters in Los Angeles. The nearly 15,000 square feet facility is almost double the size of Verifi’s previous office space. Verifi’s client list is growing and the additional square footage is intended to accommodate the planned expansion required for Verifi’s products and services, including its integrated payment and risk management platform, and managed services suite.
“This is an exciting time for Verifi,” said Matthew Katz, founder and chairman for Verifi. “We’re planning to grow our workforce considerably over the next two years and much of the staff will be located in our new Los Angeles office. The planned growth is a response to the evolving needs of card-not-present merchants, whose challenges with online fraud are increasing. Verifi is well known for providing an integrated payment and risk management platform that limits exposure to fraud while facilitating successful customer transactions. We’ll use the new office space to expand our platform and services offerings further.”
 
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 every day. Verifi helps merchants safely process paymentscombat fraud, prevent and resolve costly chargebacks, as well as increase billings andkeep 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 8,900 accounts globally. For more information, visit:www.verifi.com.
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