LOS ANGELES, CA--(Marketwire - September 15, 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, Inc. is a leading provider of global electronic payment and risk management solutions for card-not-present merchants. The highly customizable payment and real-time reporting platform serves as a foundation for Verifi's suite of fraud solutions and risk management strategies. With a commitment of reducing risk while increasing profitability for clients, Verifi's multi-layered approach enables transaction risk management and mitigation, business optimization strategies, cardholder authentication and chargeback re-presentment for all major credit card brands. Verifi is PCI Level 1 certified and headquartered in Los Angeles, California with a satellite office in Redwood Shores, California. For more information on Verifi, please visit: http://www.Verifi.com or please email us at Info@Verifi.com.

Contact Information:

Company Contact:
Name: Kimmy Luu
Phone: (323) 655-5789