Global Risk Technologies Recruits New Business Development Director

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Global Risk Technologies announces its most recent hire, Colum G. Rafferty, who will serve as the company’s Business Development Director.

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Colum will drive our international business development strategy and oversee commercial revenue propositions.

Global Risk Technologies, the international trading division of Global e-Trading, LLC, the group holding company for market-leading Chargebacks911 and eConsumerServices which provide chargeback processing, risk management technology and resolution services to acquiring and issuing banks, announced today that the company has recruited payments industry veteran Colum G. Rafferty as Director of Business Development and International expansion initiatives.

Officially opened in Dublin, Ireland on July 25 by President, Gary T. Cardone, the new location will serve as a regional business development and service delivery hub offering chargeback processing, merchant risk reduction services, and will soon be unveiling their new software suite - catered to local European acquiring and issuing institutions. Rafferty’s role is to strategically drive the business expansion in the EMEA region. Further management appointments details will be released shortly.

The new position arose out of Global’s interest to serve their growing international demand. With an acumen for emerging European markets, Cardone believes local engagement is requisite in order to establish sustainable solutions. Rafferty will be responsible for creating and driving group business development and supporting commercial strategies. He will be based at the company's Sir John Rogerson’s Quay offices in Dublin.

Rafferty joins with a payments industry career spanning over 35 years of continuous business development for blue chip payments industry organisations, such as TSYS, CardTech, eFunds and First Data; bringing over 14 years of first-hand experience in emerging markets where he maintained permanent residency in the Middle East, Africa, Asia Pacific, Saudi Arabia, United Arab Emirates and Turkey in order to carry out previous expansion efforts from his most recent success as Business Development Director of at Sysnet Global. As Business Development Director at Sysnet Global Solutions, Rafferty oversaw the business development for its PCI merchant portal solutions for large European acquirers overseeing strategic relationships with Europe’s largest acquirers where he significantly increased revenue from major clients and identified and grew new revenue streams.

Commenting on Rafferty’s appointment, Cardone said:

"I am delighted that we have attracted someone of Colum’s calibre to this important new role, which will be key to top line growth. Colum will drive our international business development strategy and oversee commercial revenue propositions."

Rafferty added: "Global Risk Technologies provides highly scalable technology and services for outsourced chargeback processing, risk mitigation technology and merchant education services; at a time when friendly fraud, also known as cyber shoplifting is starting to impact merchants, issuers and acquirer’s profits and reputations. I’m looking forward to establishing my position at Global Risk Technologies at such an exciting time for the payments industry."

About Global e-Trading LLC:

Global e-Trading LLC is a leader in providing leading edge mitigation tools that not only help achieve balance in the Digital payment industry, but also help to intelligently predict trends and foreseeable issues as a result. Their solution suite is customizable and rule-based logic built upon first-hand experience with a unique vantage point that works to achieve sustainable models for each side of the value chain. Headquartered in Tampa Bay, Florida, Global e-Trading, LLC, it is most well-known for its domestic divisions Chargebacks911 and eConsumerServices.

About Global Risk Technologies:
Headquartered in Dublin, Ireland, Global Risk Technologies will provide a comprehensive and highly scalable enterprise solution for chargeback processing, risk mitigation, fraud management and merchant sustainability services to European acquirers, card issuers and local merchants.

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Karla Jo Helms
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