Rippleshot Announces Strategic New Hire

Fraud Analytics Industry Veteran John Buzzard Joins as Director of Product Management

CHICAGO, MARCH 7, 2016 – Leading fraud analytics firm, Rippleshot, today announced that it has appointed payments & fraud industry veteran, John Buzzard, as Director of Product Management.

John joins Rippleshot with over 16 years of experience in the fraud analytics and payments space in various strategic roles with well-known brands such as FICO and FIS Global. In his new role, John will help support Rippleshot’s rapid growth and facilitate the direction of the business as the company diversifies its roster of clients and partners.

“We are extremely pleased to welcome John to our growing Rippleshot team,” says Canh Tran, CEO and co-founder of Rippleshot. “John is extremely well known and respected across the industry as a trusted resource to thousands of law enforcement and banking professionals worldwide. We are thrilled about the wealth of knowledge and experience he will bring to our team.”

This news comes on the heels of a $1.2 million bridge round of funding Rippleshot announced in December 2015, which is being used for new hires to support the company’s growing client roster.

Rippleshot is transforming the way that banks and credit unions detect fraud through a cloud-based technology solution that leverages machine learning and data analytics to distinguish fraudulent activity more quickly and efficiently. Rippleshot’s award-winning technology processes millions of payment card transactions in real-time to proactively pinpoint when and where a data breach occurred. Following detection, Rippleshot provides banks and credit unions with the tools they need to update fraud detection rules in order to lower their fraud losses while avoiding unnecessary card re-issuance.

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