GIACT Systems CTO Merlin Bise Shares the Importance of Real-time Intelligence with PYMNTS.com

It’s getting harder for merchants to know who they are really doing business with because it’s gotten easier for fraudsters to disguise themselves as legitimate customers. Competition for good new customers means walking a tightrope of more stringent vetting without adding friction. Merlin Bise,…

GIACT Solutions to Help Protect Disaster Relief Payments for American Red Cross

(Dallas, Texas - October 20, 2016) GIACT Systems, the payment risk management leader, has signed an agreement to provide the American Red Cross with additional protection for disaster relief payments to ensure that critical funds reach victims of natural disasters safely and securely. GIACT…

GIACT Kicks Off Busy Fall at Money20/20 and AFP Annual Conference

(Dallas, Texas - October 3, 2016) GIACT Systems will showcase its solutions, which enable clients to optimize the end customer experience while mitigating payment risk, at two of the industry's largest shows--Money20/20 and the Association of Financial Professionals (AFP) Annual Conference--both of…

GIACT Systems Enhances Verification Capabilities with Early Warning’s Solutions

Now providing small and medium financial institutions with proactive account verification (DALLAS and SCOTTSDALE - August 23, 2016) GIACT Systems today announced it has broadened its offering of Early Warning’s® solutions. GIACT will now leverage Early Warning’s Real-time Deposit Chek® Service to…

GIACT and Emailage Partner for Advanced Fraud Prevention

(Dallas, Texas - August 17, 2016)  GIACT Systems, the payment risk management leader, and Emailage Corp, the leader in global email intelligence, today announced a business partnership that will enhance both companies' respective fraud and payment risk management solutions. This new partnership…

GIACT Systems CTO Merlin Bise is featured on enterprisersproject.com

GIACT Systems CTO Merlin Bise is featured on enterprisersproject.com discussing the benefits of keeping an IT team working together in one location.

GIACT Hires Dave Foster as CFO

(Dallas, Texas - July 14, 2016) GIACT Systems, the payment risk management leader, has hired Dave Foster as its Chief Financial Officer. Foster comes to GIACT with extensive experience in banking, financial services technology, and retail and donor organizations. "Dave is an accomplished financial…

Tech Titans Names GIACT's Melissa Brown and Merlin Bise Award Finalists

(Dallas, Texas - July 11, 2016)  Tech Titans, the largest technology trade organization in Texas, has named two executives from GIACT Systems, the payment risk management leader, as finalists in the 16th Annual Tech Titans Awards.  Melissa Brown, co-founder and CEO, was named a finalist in the…

GIACT Systems VP of Operations and Underwriting elected to Board of Directors

(Los Angeles – May 9, 2016) – The Merchant Acquirers’ Committee (MAC) is pleased to announce the results of its 2016 Board of Directors Elections.  The new Board of Directors and Officers represent a broad range of experience and expertise from a wide variety of companies in the merchant acquiring…

GIACT Names Geoff Gray Vice President, Operations and Underwriting

(Dallas, Texas – April 29, 2016) – GIACT Systems, the payment risk management leader, has hired Geoff Gray as Vice President of Operations and Underwriting. Gray's management and operational responsibilities will include customer experience, underwriting, risk management, and compliance…

GIACT Systems EVP of Product Strategy Robert McAlear is featured on Pymnts.com

GIACT Systems EVP of Product Strategy Robert McAlear is featured on Pymnts.com discussing how GIACT is putting mobile to work and the real-time customer intelligence that delivers.

GIACT Demonstrates How Real-Time Intelligence Drives Improved Decisions for Utilities at CS WEEK

(Dallas, Texas – April 22, 2016) – GIACT, whose payment risk management solutions have helped organizations in many industries minimize risk and fraud exposure, will demonstrate how its expertise is increasingly being sought by utilities at CS WEEK, April 25-29 at the Phoenix Convention Center in…

GIACT Highlights Real-Time Intelligence for Complete Payment Confidence at PAYMENTS 2016

(Dallas, Texas – April 17, 2016) – GIACT, the payment risk management leader that has facilitated ACH payments since its founding in 2004, will highlight its latest innovations at PAYMENTS 2016. GIACT is located in Booth 504. “As the leader in providing real-time data to help companies mitigate…

GIACT Highlights Customer Intelligence Solutions at LendIt USA 2016

CTO Merlin Bise participates in panel on successful fraud detection (Dallas, Texas – April 7, 2016) – GIACT, the payment risk management leader that continues to expand its presence in the fast-growing online lending industry, is featured prominently at LendIt USA 2016, the industry’s largest…

GIACT Unveils Rebuilt and Redesigned Website

(Dallas, Texas – March 25, 2016) – GIACT, the payment risk management leader, today launched its completely rebuilt and redesigned website—GIACT.COM.  The website introduces new video, case study, and graphical elements that illustrate how GIACT’s payment risk solutions are customized for, and…

GIACT Systems CTO Merlin Bise is featured on Pymnts.com

GIACT Systems CTO Merlin Bise is featured on Pymnts.com discussing how GIACT's real-time customer intelligence solutions provide companies a safe, efficient, and effective way to acquire new customers while also protecting against fraud. Whether through traditional face-to-face interactions, or…

GIACT CEO Melissa Brown featured on the podcast Middle Market Thought Leader

GIACT Systems CEO, Melissa Brown, sat down with Middle Market Executive to explain how delivering an unmatched customer experience has lead to steady growth.

GIACT’s New gMobile Enables Companies to Recognize Good Customers the First Time

(Dallas, Texas - October 26, 2015) – The explosive growth in mobile commerce has introduced additional exposure to fraud and risk, both for companies and their customers.  To help organizations recognize good customers and safely grow their mobile business, GIACT has introduced gMobile™, a solution…

GIACT Names Robert McAlear Executive Vice President, Marketing and Product Strategy; Holly Merrill Chief Compliance Officer

GIACT Systems, the leader in providing real-time data for payment risk analysis, has promoted Robert McAlear and Holly Merrill to new roles within the company.  McAlear, named executive vice president, marketing and product strategy, will be focused on identifying customers’ payment-risk needs and…

GIACT Appoints Jeff Givens as Executive Vice President of Sales

Dallas, Texas - October 14, 2015 – Giact Systems, the leader in providing real-time data for payment risk analysis, has hired Jeff Givens as executive vice president of sales.  The longtime technology industry veteran will lead GIACT’s sales organization as well as develop strategic partnerships…

Eliminate the Risks of Accepting Checks

So many customers still pay by check - retailers, lenders, insurers, professional services, not for profits, municipalities and government agencies have no option but to handle the risks as best as they can. They constantly have to worry about checks bouncing, bank fees, and dealing with negative…

Pending EMV Liability Shift Increases Risk (To The Least Prepared)

Payment fraud in the United States is about to get a lot more interesting. The upcoming liability shift for EMV (chip-enabled) cards will create headaches for banks and merchants as fraudsters are more likely to shift their focus to utilizing fake accounts, counterfeit checks and duplicate-item…

23 Billion Chances (To Get Nailed By ACH Fraud)

Automated Clearing House(ACH) payment volume is growing and so is your risk for potential fraud. In fact, ACH transactions have increased by over 2,000% during the last 30 years and business-to-business ACH payments have skyrocketed. The total number of ACH transactions grew to 23 billion,…

The History of Electronic Check Processing

Paper checks look nearly the same as they did during previous decades. However, the way businesses and banks process them has almost completely changed in just 12 years. Electronic check processing revolutionized this payment system by making it possible to convert paper checks into computerized…

Protect Your Business From ACH Risk

Every year, more Americans use ACH (Automated Clearing House) to send and receive payments, replacing traditional check processing in a way that boosts efficiency and cuts processing expenses. People and businesses can initiate ACH transfers on the Internet or by phone. It's also possible to bypass…

New ACH Rules - Don’t Get Cut Off

If your company uses ACH (Automated Clearing House) to bill your customers, it's crucial to prepare for the upcoming changes to NACHA regulations. The association plans to cut its unauthorized return rate threshold in half, lowering the limit to 0.5 percent on September 18, 2015.  The new rules…

It's Time to Trust Checks Again

Many people still prefer to make purchases with personal checks, especially when they buy expensive goods. This method also comes in handy when customers reach their credit limits or technical problems cause electronic payments to fail. Although Americans increasingly use payment cards for small…

GIACT Systems Adds John D. Chaney to its Advisory Board Joining Siddharth “Bobby” Mehta

Dallas, TX – April 30, 2015 – Giact Systems, LLC (Giact), a leading provider of risk management solutions for electronic payments and Know Your Customer (KYC) requirements, today announced that John D. Chaney, former Chairman and CEO of TeleCheck Services, has joined Giact’s advisory board as a…

GIACT Systems Expands Executive Team with Benjamin Guion and Holly Merrill

Dallas, TX – January 29, 2015 – Giact Systems, LLC (Giact), a leading provider of risk management solutions for electronic payments, announced the expansion of its executive team with the additions of Benjamin Guion as Chief Financial Officer and Holly Merrill as Chief Communications & Advocacy…

GIACT Systems Announces Growth Investment by Tritium Partners

Dallas, TX and Austin, TX – January 12, 2015 – Giact Systems, LLC (Giact), a leading provider of risk management solutions for electronic payments, announced a majority investment by Tritium Partners to accelerate its growth. The investment will allow Giact to advance its leading fraud prevention…

NACHA Seeks Industry Feedback To Move To Same Day ACH Clearing & Settlement

The industry has spoken and will be moving payments faster with Same Day ACH. Same Day ACH offers an option to the consumers, businesses and governments who want to move their money faster. It is an immediate action that financial institutions have undertaken to modernize the payment system, and…

GIACT Systems Announces The Release Of gIdentity Service

Our suite of identity products are available through our API or Virtual Terminal.   Contact us to get a first hand look at gIdentity™ in action and see how a single lookup can deliver all the information you need.  The gIdentity™ suite includes: gIdentity™ – We designed this identity…

GIACT Systems Announces The Release Of CustomerID Service

Designed with end user in mind, CustomerID helps you to know your customers and saves you time and money.  It delivers an expansive array of reliable consumer data based on a single lookup while most competitors require users to purchase many individual products demanding separate lookups. …

Every $100 Of Fraud Costs Merchants $308

ATLANTA – LexisNexis® Risk Solutions released today its sixth annual True Cost of Fraud(SM) study, which reveals that fraud is eating deeper into retailers’ revenues. Merchants lost 0.68% of revenue to fraud in 2014 in comparison to 0.51% in 2013. Losses are on the rise as fraudsters dramatically…