New Iris Analytics Board appointment reflects rapid business growth

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IRIS Analytics, a leading provider of technology and consultancy services to the payments industry to combat electronic payment fraud, has appointed Constantin von Altrock to the executive board as joint Managing Director alongside Nikolaus D. Bayer and Hanns-Michael Hepp. This appointment will help the company take best advantage of its continuing rapid growth.

Nikolaus D. Bayer explained: “A growing business means more challenges and opportunities. Constantin has led our software development since 2008 and has been instrumental in designing and developing our latest generation software – IRIS 5. He has also invented many of the software’s key concepts.”

Hanns-Michael Hepp added: “This appointment puts us in an even better position to continue delivering the most innovative, flexible and reliable real-time fraud prevention solution available.”

Constantin has 25 years’ experience in building real-time decision making systems, and has spent the last 15 of those years in payment fraud prevention. During this time he has implemented fraud prevention systems all over the world, protecting more than 300 million cardholder/customer accounts.

Constantin commented: “IRIS Analytics is a dynamic, growing business and I’m delighted to be able to expand my role to work with Nikolaus and Hanns-Michael in expanding the business still further.”

Contacts: Denise Gee at denise.gee@iris.de      UK telephone: +44 779 3768109

or Simon Hardie at simon.hardie@iris.de         Turkey telephone:  +90 534 7999274

or Richard Dymond at richard@magnacartapr.com UK telephone: +44 7977 242 573

About IRIS Analytics

IRIS Analytics provides technology and consultancy services to the payments industry to beat electronic payment fraud. It develops and markets the IRIS off-the-shelf fraud prevention platform which powers real-time fraud scoring across the full range of electronic payment channels, including credit, debit, prepaid, online and mobile. IRIS enables payment processors, switches, payment service providers and issuers across the world to analyse and respond to complex fraud patterns in real time, staying one step ahead of evolving, unanticipated fraud threats.

 

www.iris-analytics.com

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