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Signifyd named Gold Winner for best in Biz Awards 2016



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San Jose, CA – November 30, 2016 – Signifyd has been named a gold winner in the company of the year, small category in Best in Biz Awards, the only independent business awards program judged by members of the press and industry analysts.

Signifyd was founded on the belief that ecommerce businesses should be able to grow without fear of fraud. Signifyd solves the challenges that growing ecommerce businesses persistently face: billions of dollars lost in chargebacks, customer dissatisfaction from mistaken declines, and operational costs due to tedious, manual transaction investigation. Signifyd Guaranteed Payments protect online retailers against fraud and chargebacks with a 100% financial guarantee against fraud for every approved order. Signifyd’s full-service machine-learning engine automates fraud prevention allowing businesses to increase sales and open new markets while reducing risk. Signifyd is in use by multiple companies on the Fortune 1000 and Internet Retailer Top 500 list. Signifyd was also recognized recently as one of the 50 most innovative Fintech companies of 2016 by Forbes.

The sixth annual program in North America garnered more than 600 entries, from an impressive array of public and private companies of all sizes and from a variety of industries and geographic regions in the U.S. and Canada. Best in Biz Awards 2016 honors were presented in 60 categories, including Company of the Year, Fastest-Growing Company of the Year, Most Innovative Company of the Year, Best Place to Work, Technology Department of the Year, Executive of the Year, Most Innovative Product of the Year, Best New Product of the Year, App of the Year, PR Campaign of the Year and Website of the Year.

Winners of Best in Biz Awards 2016 were determined based on scoring from an independent panel of 50 judges from widely known newspapers, business, consumer and technology publications, TV outlets, and analyst firms. In addition to numerous judges returning from the 2011-2015 judging panels, this year’s panel included several worthy additions to the high-profile group. The panel included Accounting Today, AdWeek, Associated Press, Atlanta Tribune, Business News Daily, CNET, Computerworld, Consumer Affairs, Entrepreneur, eWeek Channel Insider, Forbes, Healthcare Innovation News, Inc., Information Week, InfoWorld, Investment Advisor Magazine, MediaPost, Multifamily Executive, Network World, Portland Business Journal, Security Products Magazine, South Florida Business Journal, Wall Street Journal, Wired, WLRN and ZDNet.

“I am impressed by the quality of entries in the Small or Medium Business Product of the Year category; from the smaller business to the most well-known technology firm,” said Ralph Jensen, Security Products Magazine, judging his first Best in Biz Awards competition. “It is evident to me that each company has poured their heart and soul into research and development of the individual product that not only makes their business model better, but takes the needs of the end user into account. The variety or technology products only proves to me that there are unlimited resources in those people who value technology as a service. –
Ralph Jensen, Security Products Magazine

For a full list of gold, silver and bronze winners in Best in Biz Awards 2016, visit: http://www.bestinbizawards.com/2016-winners.

Mark Bahl

Mark Bahl

Mark Bahl is a former Product Marketing Manager at Signifyd