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FRAUD PREVENTION SOFTWARE ENGINEERS RISK IDENT LAUNCH US HEADQUARTERS

FRAUD PREVENTION SOFTWARE ENGINEERS RISK IDENT LAUNCH US HEADQUARTERS

Leading European machine learning expert appoints Dustin Clinard as Managing Direct for US operations

Dustin Clinard

Dustin Clinard

RISK IDENT, a leading provider of fraud prevention software supported by machine learning, is expanding its international operations and opening up its new US headquarters at the Cambridge Innovation Center (CIC) near Boston, Massachusetts. The center is home to more startups than anywhere else worldwide, while its proximity to customers, talent, and investors makes this location ideal for RISK IDENT’s future developments.

For RISK IDENT, the US headquarters represents a further step in its globalization strategy. The new subsidiary gives the company access to the large US ecommerce market, where it will specialize in supporting large enterprise customers to identify and prevent online fraud, including payment fraud, account takeovers, and identity theft.

RISK IDENT has appointed Dustin Clinard as the Managing Director of RISK IDENT Inc. (USA) and added substantial funding to set up the US team.

“We are delighted to have attracted Dustin Clinard as Managing Director for our US operations. With the organizational and personnel setup, our goal is to strengthen our position within the US and to further support our enterprise customers in protecting their businesses from fraud with our innovative and efficient fraud prevention products,” says Roberto Valerio, CEO of RISK IDENT.

“I’m very excited about this new role. RISK IDENT is a powerful company with an experienced team in fraud prevention, machine learning and data analytics, “ says Dustin Clinard. “All retailers that process online payments are facing an increasing fraud threat in many respects, and our US expansion allows us to serve the needs of our existing clients as well as strengthen the base of clients operating both internationally and domestically.”

RISK IDENT has successfully become one of the leading fraud prevention software providers, on-boarding numerous enterprise customers. The company’s products regularly outperform existing solutions by a considerable margin. 

RISK IDENT’s parent company, Otto Group International, is Europe’s second largest eCommerce company and maintains strong ties to the MIT Media Lab.

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