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 translating them into new products and solutions.  Merrill, named chief compliance officer, is responsible for developing, implementing, and administrating GIACT’s compliance program.

“Robert and Holly are talented executives and these new roles reflect their importance to GIACT’s continued success, especially with the upcoming introduction of our mobile solutions,” said Melissa Brown, co-founder and CEO of GIACT.

McAlear has more than 20 years of experience in global payments and fraud prevention.  Originally hired to help develop GIACT’s sales organization, McAlear will now be responsible for the company’s marketing, messaging, and product development.  Prior to joining GIACT he held senior management positions with Chase Paymentech, Vantiv, and Accertify.  McAlear will represent GIACT as it introduces its new mobile solution at Money20/20, October 25-28 in Las Vegas.

Merrill is an Accredited ACH Professional (AAP) and former director on the national boards and executive committees of both NACHA and NOCH.  She will be responsible for providing strategic guidance and best practices for implementing and monitoring compliance-oriented controls and risk management procedures.  Prior to joining GIACT, Merrill held senior leadership positions with BillingTree, a regional payments association, and a private ACH operator. 

Giact Systems is a privately held company founded in 2004 by a team of experienced payments, security, and technology experts.  We provide information services that prevent fraud and minimize bad debt when accepting payments.   We are the leading real-time and proprietary data provider for payments and risk information, with industry leading solutions for verification, authentication, identification and funds confirmation.  We currently service more than 1,000 customers and have processed over 1 billion transactions.  For more information visit or call 1-866-918-2409.  Follow us on LinkedIn and Twitter.