DALLAS, Aug. 31, 2017 /PRNewswire/ -- GIACT Systems, the industry leader in payment fraud reduction, today announced Ryan Krug has joined GIACT as executive vice president of client relations and business development. Krug will be responsible for customer relationship management and business development activities company-wide.
Krug brings over 10 years of client relations and business development experience to GIACT. He has established himself in the industry as a dedicated client partner who is able to understand the complex business challenges facing clients and design solutions that meet their diverse needs. His experience spans a wide variety of highly-regulated industries, including all types of financial institutions, retail and commercial organizations, financial technology providers, and government entities. Most recently, Krug was focused on client development at FIS, specifically as it related to the provision of risk, information security, compliance products and services, and long-term client retention. At GIACT, he leads a team of professionals focused upon the creation of new business opportunities and long-term client satisfaction. Krug attended the University of Texas at Austin where he received a Bachelor of Arts in Government, and he holds a Master of Public Administration degree with an emphasis in Organizational Management from Texas Tech University.
"I'm excited to join GIACT during this period of rapid growth," said Krug. "It's an honor to work with GIACT's team of innovative thought leaders who continue enhancing our enrollment, payments, identity, and compliance capabilities to ensure that GIACT remains the leader in payment fraud reduction."
"Ryan is deeply respected in the industry for his dedication to building long-lasting, client-centric relationships," said Melissa Townsley, co-founder and CEO of GIACT. "He is an important addition to the GIACT team and I look forward to working with him as GIACT continues to expand our client base across all our industry sectors."
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.