Accertify Signs Agreement with vente-privee.com to Provide Fraud Management Solution

Share:

Itasca, IL and Paris, France – October 29, 2013 – Accertify, an American Express company and a leading fraud prevention provider, announced today that it has signed vente-privee.com, a global leader in online flash sales, to use its comprehensive and flexible fraud prevention solution.  This latest signing bolsters Accertify’s impressive roster of retail clients and further expands its reach in Europe. 

Accertify supports the fraud reduction efforts of leading companies around the world. Its software platform allows merchants to screen e-commerce purchases, lowering risks, and maximizing good customer transactions to minimize the business costs of fraud. In addition to France, Accertify also provides fraud prevention solutions to companies headquartered in other European countries including the United Kingdom, Spain, Belgium and Sweden.   

“vente-privee.com is a leader in online flash sales with one of the largest retail membership bases in Europe -19 million members- and we are very pleased to welcome them as they continuously improve their business,” said Lorenzo Soriano, Vice President and General Manager of Accertify.  “Our secure platform allows for merchants to easily adapt fraud prevention solutions while offering them convenience and peace of mind.” 

“It was critical for us to find a solution that was both user friendly and could elevate our fraud prevention efforts,” said Bruno Bouldoire, Finance Director at vente-privee.com. “After reviewing Accertify’s capabilities, we were confident that their flexible technology would help us more effectively manage fraud while allowing us to focus on expanding our business.”

About Accertify

Accertify Inc., a wholly-owned subsidiary of American Express, is a leading provider of fraud prevention, chargeback management, and payment gateway solutions to merchant customers spanning diverse industries worldwide. Accertify’s suite of products and services help e-commerce companies grow their business by driving down the total cost of fraud, simplifying business processes, and ultimately increasing revenue. For more information, please visit www.accertify.com.

About vente-privee.com

vente-privee.com founded the online sales event concept and is the global leader in the sector. Specialising in selling brand overstock since 2001, online sales are exclusive to its 19 million members in Europe. Registration to the vente-privee.com club is free and with no purchase obligation. Sales are for a limited time only (3 to 5 days) and are organised in close collaboration with over 2,500 major international brands in all product categories: ready-to-wear, fashion accessories, music, homewares, toys, sports equipment, high-tech, gastronomy. Thanks to its partnerships with brands, vente-privee.com offers irresistible discounts (50-70% off). With 1,800 employees in 8 European countries, vente-privee.com generated €1.3 billion gross turnover in 2012, a 22% increase from 2011. In 2011, the website was launched in the United States in partnership with American Express. For further information please visit the Press Room at http://pressroom.vente-privee.com.

Follow vente-privee.com on (http://www.facebook.com/venteprivee.com.UK) and Twitter (@venteprivee_UK). 

# # #

Contact:

William Tsang

American Express

212-640-0933

william.d.tsang@aexp.com