VANCOUVER, July 02, 2020 – NuData Security, a Mastercard company, announced today that Bob Reany has been appointed head of NuData and executive vice president, Digital Devices & IoT at Mastercard. Bob’s appointment follows the retirement of former NuData CEO Christopher Bailey. Christopher is one of the founding partners of NuData, established in 2008, and served as Chief Technology Officer before stepping into the role of CEO.
“After twelve years growing along with NuData, I am ready to step back and focus on my family. I am honoured to welcome Bob, a great leader and a pioneer in the digital payments space, who will further drive the company as we continue to advance and secure the digital payment experience.”
Bob has been with Mastercard for 25 years and has spent the last eight as executive vice president, Identity Solutions. In this role, Bob led the industry in the development of safe and simple consumer payment solutions in mobile and ecommerce environments. This included driving the momentum for biometrics and emerging technologies to help companies establish trust in the online ecosystem and deliver a seamless user experience.
At NuData, Bob will drive NuData’s strategy to provide innovative user verification solutions for tomorrow’s online security and customer experience challenges. “The exciting opportunity is to work with this growing team to help deliver world-class security while supporting best-in-class user experiences for in-person transactions, ecommerce, IoT and every part of an individual’s digital life,” said Bob Reany. This includes leveraging the EMV protocol, passive biometrics technologies and connected devices to deliver holistic online security and enhanced user experience across the entire ecosystem.
NuData Security is a Mastercard company. It helps businesses identify users based on their online interactions and stops all forms of automated fraud. By analyzing over 650 billion interactions in 2019 alone, NuData harnesses the power of behavioral analytics and passive biometrics, enabling its clients to identify the human behind the device accurately. This allows clients to verify users before a critical decision, block account takeover, stop automated attacks, and reduce customer insult. NuData’s solutions are used by some of the biggest brands in the world to prevent fraud while offering a great customer experience.