Verifi Names CEO

Verifi, a provider of transaction risk management services for merchants, reported this week that it has promoted Jennifer Schulz to chief executive officer. The Beverly Hills-based company said Schulz, who came aboard in April 2008 as chief operating officer, succeeds founder Matthew Katz, who will remain chairman. Prior to joining Verifi, the company explained, Schulz held several management positions with Visa Inc., including global head of consumer credit. She jumped to Visa after a successful career with Diamond Management & Technology Consultants Inc., Verifi added.