Verifi CEO Matthew Katz Honored at Hope Street’s Circle of Hope Champions for Children Luncheon

Verifi’s Twelve-Year Commitment Toward Public Service Is Celebrated

LOS ANGELES, March 06, 2018 (GLOBE NEWSWIRE) -- Verifi, Inc. (“Verifi”), the leading provider of payment and risk management solutions for card-not-present merchants, is proud to announce that Hope Street Family Center recently recognized Verifi Chairman and CEO, Matthew Katz for his long-term philanthropic leadership. 

The Hope Street Family Center is a community program of the California Hospital Medical Center that provides in-home and on-site educational, health and wellness, behavioral health development and social services that support children and families.

Matthew was recognized for his support of the organization through his family foundation – the Katz Foundation as well as for his public service leadership as CEO of Verifi. The Katz Foundation seeks to alleviate food scarcity around the world and provide at-risk communities with the tools needed to support and sustain a healthy population. The Katz Foundation provided millions of meals in 2017 and will continue to offer community support and provide meals to millions more in 2018.

Matthew founded Verifi in 2005 when he was 26 years old. From the outset, he made a commitment to giving his time and company resources back to the surrounding community. Today, Verifi has offices on three continents and each office holds its own Quarterly Day of Service that benefits local charities and causes.

“Matthew’s dedication to serve and his creative approach to philanthropy is an inspiration to us all,” said Vickie Kropenske, Director of Hope Street Center. “His enthusiasm is contagious and his efforts align with our mission to enhance the capacity of families to care for their children, promote childhood health and wellbeing, strengthen communities and develop accessible and responsive family services.”

Verifi’s myriad philanthropic works for Hope Street Family Center include the installation of an outdoor amphitheater for the facility, a day at the zoo where Verifi employees accompanied and cared for Hope Street children and many more. Additional philanthropic works by the Verifi Team include:  

  • Habitat for Humanity, where Verifi employees assisted in home building.
  • The LA River Project, where Verifi employees collected trash from the river’s edge.
  • The Downtown Women’s Center, where Verifi employees prepared meals for the homeless and disadvantaged.
  • Three Squares, where the Verifi Las Vegas office helped prepare and pack thousands of kids’ meals.
  • A Snow Day for LA-based foster children where Verifi created a true winter experience by arranging for snow and sledding for disadvantaged children.
  • The Salvation Army, where Verifi employees shepherded underprivileged kids through a holiday shopping spree.

“Being honored by the Hope Street Family Center is a milestone in a long and rewarding philanthropic journey,” said Matthew Katz. “I am incredibly fortunate to have a team of dedicated employees alongside me who share my passion for public service. Every day of service is another opportunity to give back.”

Inspired by his parents’ charitable efforts, Matthew’s personal philanthropic concerns include food scarcity, animal welfare, and public safety. He founded the Katz Foundation in 2017 to consolidate his philanthropic passions and create a clear example for his son to carry on the family tradition of giving back and helping others. The Katz Foundation currently supports food scarcity challenges in Cambodia and Malawi and helps provide for the safety of LAPD officers and K9s.

About Verifi, Inc.

Verifi is an award-winning provider of end-to-end payment protection and management solutions, founded in 2005 to help merchants effectively manage the payments challenges they face every day. Verifi’s Cardholder Dispute Resolution Network supports merchants by preventing hundreds of thousands of fraud and non-fraud chargebacks each month. Verifi’s full suite of services helps merchants safely process payments, featuring our payment gateway solutions, services to increase billings and keep loyal customers, credit card fraud protection, prevention of chargebacks and resolving costly chargebacks, and facilitating the sharing of transaction details. 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 serve more than 30,000 accounts globally. For more information, visit:

About Hope Street Family Center

Hope Street serves low income families living in downtown Los Angeles and surrounding communities with programs focused on health, wellness, education, recreation, and the arts.  The Hope Street Margolis Family Center is located on Hope Street at Venice Blvd. and our services encompass early childhood education, school readiness, youth after-school and summer programs, family literacy, mental health, family preservation, abuse prevention and nutrition awareness.  Hope Street’s mission is educating children, strengthening families, and transforming our community.  Every year over 5000 low income children and families benefit from Hope Street's services.

Contact: Kevin Mercuri