(Dallas, Texas - February 1, 2017) GIACT™ Systems, the industry leader in payment fraud reduction, today announced David Barnhardt has joined the GIACT leadership team as the executive vice president of product. In his new position, Barnhardt will be responsible for directing product development for GIACT’s suite of fraud reduction and compliance solutions company-wide.
Barnhardt brings over 13 years of banking and payments expertise to his role. He is a frequent contributor to industry publications and conferences and has authored multiple patents currently being used to identify fraud and account takeover and reduce payments risk. Most recently, Barnhardt was the payment product manager at Early Warning and has held numerous risk and fraud positions at Bank of America and Wachovia.
"I am honored to join GIACT and look forward to building upon the strong foundation of technology solutions that make GIACT the industry leader in fraud reduction and risk management," said Barnhardt.
"David has dedicated his career to helping organizations mitigate risk and reduce fraud," said Melissa Townsley, co-founder and CEO of GIACT. "He is widely recognized throughout the industry as an innovator with an endless passion for finding new ways to combat fraud. His experience and leadership skills make him an invaluable addition to the GIACT team."
GIACT™ has been helping companies verify valued customers since 2004. From financial to insurance, to retail, to solutions for your industry, GIACT offers customer intelligence for complete payment confidence. As the leader in providing real-time data to help companies mitigate payment risk and fraud, our OFAC screening, ID verification, account verification and authentication, and mobile verification solutions enable you to focus on providing unmatched customer experiences. Since our founding, we’ve processed billions of transactions for our more than 1,000 customers. For more information, visit www.giact.com or call 1-866-918-2409. Follow us on LinkedIn and Twitter.