Business Wire

Signifyd Opens EMEA Headquarters in London to Support Its Growing Ecommerce Fraud Protection Business in Europe

Del

Signifyd, the leading guaranteed fraud protection provider, today announced the opening of its EMEA headquarters in London’s West End to serve the rapid growth of its European customer base.

The company’s newest location will help Signifyd deliver its friction-free guaranteed fraud protection to merchants throughout Europe, where it is protecting more orders shipped by more retailers than ever before.

The value of European orders guaranteed by Signifyd’s innovative technology has increased by more than four times in the last two years. Its customer base in European countries has doubled, reaching more than 500 retailers of all sizes and verticals within all major European ecommerce markets.

“As we’ve accelerated our international expansion and our move into the enterprise retail sector, it’s vital that we build a team with a broad worldview and one that works in the geographies where our customers work,” said Signifyd Co-Founder and CEO Raj Ramanand. “That means we can be more responsive and that we can proactively help solve the challenges our customers face, no matter where they operate.”

Signifyd’s investment in the EMEA market has been ongoing. The company was an industry leader in adopting international standards, including the European Union’s General Data Protection Regulation and Privacy Shield. And the London office announcement comes at a time when the company is also opening its Belfast Labs, an R&D center in Northern Ireland, to support Signifyd technology and innovation globally.

Ecommerce is not a one-size-fits-all brand of business when it comes to global consumers. As Signifyd has helped retailers expand into new markets internationally, it has understood that a fraud protection solution built for one country or region can’t simply be dropped on top of the fraud threats of another.

Building a bigger presence in Europe is a natural next step for Signifyd, which analysts Frost & Sullivan recently praised for having the most diverse first-party set of transactional and behavioral data to determine whether online orders are legitimate or fraudulent.

“With over 10,000 customers in more than 100 countries Signifyd is clearly the market leader in the guaranteed fraud protection industry,” Frost & Sullivan concluded in an October research report.

Signifyd’s EMEA headquarters will be led by Ed Whitehead, a London-based sales executive who has worked for companies including EMR, Experian and Gigya.

“This is an exciting day for Signifyd, but more importantly, it’s an exciting day for online merchants operating in Europe,” said Whitehead, Signifyd’s managing director for Europe. “Guaranteed fraud protection has captured the mainstream market. But we know that retailers in different parts of the world face different challenges and have different priorities.”

Whitehead said he is thrilled with the opportunity to build a team in London that will shape the company’s EMEA strategy.

Signifyd’s Belfast Labs, located in the city’s Cathedral Quarter, is another sign of the company’s commitment to the European market. The center will house a team of top engineers driving Signifyd innovation globally, while supporting teams around the world.

Trevor McCullough, director of engineering at the Belfast Labs, said he expects the center to be on an aggressive growth path — something he looks forward to.

“The Signifyd Belfast Labs is a great opportunity for those who want to dive into machine learning and other significant technologies and craft solutions that make a real difference in the business fortunes of ecommerce retailers around the world,” McCullough said. “Not to mention the center provides a great opportunity to work with some of the best minds in technology today.”

The European expansion marks the most recent milestone in Signifyd’s torrid growth trajectory. In the last year, the company has doubled its number of customers, secured a $100 million round of funding and been named an industry leader by Deloitte, Frost & Sullivan and CBE Insights.

It is the latest sign that the guaranteed fraud protection model is the way of the future. The model combines big data, machine learning and a financial liability shift to help merchants provide a friction-free buying experience for their customers without fear of fraud.

About Signifyd

Signifyd, the world’s largest provider of guaranteed fraud protection, enables online retailers to provide a friction-free buying experience for their customers. Signifyd leverages big data, machine learning and domain expertise to virtually eliminate manual reviews, speed up order processing and increase revenue through higher approval rates. The guarantee shifts the financial liability for fraud away from retailers, allowing them to open new markets while reducing risk. Signifyd counts among its customers a number of companies on the Fortune 1000 and Internet Retailer Top 500 lists. Signifyd is headquartered in San Jose, CA, and London, with locations in Barcelona and Belfast.

Contact information

Signifyd
Mike Cassidy
mike.cassidy@signifyd.com
+1-650-283-7084

Om Business Wire

Business Wire
Business Wire
24 Martin Lane
EC4R 0DR London

+44 20 7626 1982http://www.businesswire.co.uk

(c) 2018 Business Wire, Inc., All rights reserved.

Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.

Følg saker fra Business Wire

Registrer deg med din epostadresse under for å få de nyeste sakene fra Business Wire på epost fortløpende. Du kan melde deg av når som helst.

Siste saker fra Business Wire

NIPPON Platform Has Established the Ninth Overseas Branch "NIPPON Platform OÜ" in Estonia22.5.2019 02:00:00 CESTPressemelding

NIPPON Platform Co., Ltd. (CEO: Jun Takagi, Tokyo, Japan) established the subsidiary "NIPPON Platform OÜ" in Estonia on 8 May 2019. This is the ninth overseas branch for NIPPON Platform. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190521006004/en/ Overseas Subsidiaries (Graphic: Business Wire) “Making Japan into a cashless society” and “Revitalizing local societies and rural development with small and medium-sized retailers” are the motto for NIPPON Platform, and we provide various cashless payment solutions. • As a deployment base for the EU market Estonia is the most northerly of the three Baltic states, and has a population of 1.3 million people. Estonia has experienced rapid growth. Key sectors include manufacturing and IT. The parking charge may be paid via the mobile phone. 95% of residents in Estonia use the system to submit their annual income tax returns, and it will be completed in 5 minutes. Estonia is one of t

Jefferies Establishes Global Microstrategy Research22.5.2019 00:00:00 CESTPressemelding

Jefferies announced today the appointment of Desh Peramunetilleke as Head of Global Microstrategy Product in Equity Research. He is based in the firm’s Hong Kong office. Desh heads up the newly-formed Microstrategy team, which includes Mahesh Kedia, Shrikant Kale, Barnis Yuen, Jeffrey Tong and Jenny Wu. Microstrategy is a bottom-up product that uses company fundamentals to create insights into markets and sectors, and combines it with top-down macro trends to develop systematic investment strategies, diagnostic screens and proprietary risk scores for clients all over the world and across investment styles. “We are very excited to have Desh join Jefferies’ leading equities platform,” commented Peter Forlenza, Jefferies’ Global Head of Equities. “We are substantially expanding our Asian equities platform given our outlook on the Asian regional markets and the opportunity. Jefferies is perhaps singular in the industry currently to have the intent and ability to enlist such impressive team

PVH Corp. Names Stefan Larsson to Newly Created Role of President21.5.2019 20:23:00 CESTPressemelding

PVH Corp. [NYSE:PVH], one of the world’s largest apparel companies and owner of iconic brands, including CALVIN KLEIN, TOMMY HILFIGER, Van Heusen, Speedo, and IZOD, announced today the appointment of Stefan Larsson to the newly created role of President, PVH Corp. effective June 3, 2019. Mr. Larsson will have the responsibility for managing PVH’s branded businesses and regions, with each of the three brand CEOs and the Regional Presidents reporting to him. He will report to Emanuel Chirico, PVH’s Chairman and Chief Executive Officer. In connection with this announcement, Mr. Chirico signed a new five-year employment agreement with the Company. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190521005894/en/ PVH Corp. announced leadership updates, including Chairman and CEO Manny Chirico signing a new five-year employment agreement and hiring Stefan Larsson as PVH President, a newly created role. (Photo: Business Wire) PVH Pre

Gilead Sciences to Present at the Jefferies 2019 Global Healthcare Conference on Wednesday, June 521.5.2019 20:01:00 CESTPressemelding

Gilead Sciences, Inc. (Nasdaq: GILD) today announced that Daniel O’Day, Gilead’s Chairman and Chief Executive Officer, will participate in a fireside chat at the Jefferies 2019 Global Healthcare Conference in New York on Wednesday, June 5 at 11:30 a.m. Eastern Time. The audio portion of the fireside chat will be accessible live through the company’s Investors page at http://investors.gilead.com/. Please connect to the company’s website at least 15 minutes prior to the start of the presentation to ensure adequate time for any software download that may be required to listen to the webcast. The replay will be available for 14 days following the presentation. About Gilead Sciences Gilead Sciences, Inc. is a research-based biopharmaceutical company that discovers, develops and commercializes innovative medicines in areas of unmet medical need. The company strives to transform and simplify care for people with life-threatening illnesses around the world. Gilead has operations in more than 3

Philip Morris International Strengthens Organizational Capabilities to Realize Its Vision for a Smoke-Free Future21.5.2019 18:44:00 CESTPressemelding

Philip Morris International Inc. (PMI) (NYSE:PM) today announced leadership moves to accelerate the realization of its vision of a smoke-free future and further enhance business growth. The company has created the following new roles: Chief Consumer Officer (CCO), Chief Life Sciences Officer (CLSO), Chief Product Officer (CPO) and Chief New Ventures Officer (CNVO). “Since the launch of our smoke-free product, IQOS, in 2014, we have made enormous progress both in terms of organizational capabilities, know-how and in our business results. With IQOS commercialized in 47 markets today, we are extremely proud of what has been achieved to date, including two recent milestones: realizing 10 million users and the U.S. FDA authorization to commercialize this smoke-free alternative in the U.S.,” said André Calantzopoulos, PMI’s Chief Executive Officer. “To accelerate, we must further enhance our ability to stay at the forefront of technology, science and consumer centricity.” All four executive

Virgin Voyages Expands Epic Entertainment Lineup21.5.2019 16:59:00 CESTPressemelding

Today, Virgin Voyages announces a series of exciting updates for its irresistible 2020 sailings. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190521005809/en/ Virgin Voyages Expands Epic Entertainment Lineup. (Photo: Business Wire) Expanded Partnership with Mark Ronson With a heritage deeply rooted in music, Virgin Voyages announced an expanded partnership with Academy, Grammy and Golden Globe-winning artist and producer Mark Ronson. Ronson will join the company’s Creative Collective, a group of world-class tastemakers, artists and designers who are collaborating with Virgin Voyages to bring epic Sailor experiences to sea. In his role as the company’s “Minister of Music,” Ronson will be creating a series of pre-voyage and onboard playlists for Sailors, as well as curating the vinyl record selection in the RockStar Suites and the ship’s vinyl and music shop – Voyage Vinyl. What’s more, Ronson will be working with Virgin Voy