ID Insight Names Tim Becker, Ted Crooks to Board of Directors

New board members bring specialties in finance, tech to growing anti-fraud company     

MINNEAPOLIS (July 25, 2016) — Anti-fraud technology leader ID Insight today announced two new additions to the company’s board of directors. Longtime finance and technology executives Tim Becker and Ted Crooks each bring more than 20 years of experience in accounting, payments, big data, fraud prevention and business development to the ID Insight board.

“Our newest board members embody the spirit of innovation and bring talent, expertise and energy to the table,” said Adam Elliott, chief executive officer for ID Insight. “We are very fortunate to have them by our sides as we continue to expand our product portfolio and grow the company.”

Tim Becker is founding principal of Lighthouse Management Group and has worked with client organizations in industries as diverse as transportation, food, retail, technology and real estate. His client list includes public and private companies with annual revenues up to $600 million. Becker is a founding director of the Minnesota Chapter of the Turnaround Management Association and is a Certified Turnaround Professional (CTP). He is also a Certified Public Accountant (CPA) and a member of the Minnesota Society of CPAs and the American Institute of CPAs. Previously, Becker was a senior manager with Ernst & Young, where he led efforts to establish the firm’s restructuring and reorganization practice in the Minneapolis office.

Ted Crooks is principal of Crooks’ Analytics, where he provides consultation and system architecture for payment system operators, providers and developers. His work spans big-data and machine-learning projects and product designs, risk-management policy development and market planning, vendor representation, and new technology for internet and mobile commerce. Prior to starting his own firm, Crooks served as vice president of products at Global Analytics, Inc., and vice president of global fraud solutions for Fair Isaac Corporation. He has also authored three books on computer science topics and holds several patents in robotics, natural language applications and fraud detection systems.

“Ted and Tim are two of the most creative and intelligent forces at work in the business and technology fields today, and they will certainly help ID Insight continue its growth and momentum,” Elliott said. “We’re eager to begin working together.”

About ID Insight

Established in 2003, ID Insight helps companies prevent fraud, reduce costs and capture more business by combining its massive collection of data on identities and profile changes with predictive scoring algorithms. ID Insight provides highly configurable verification, authentication, market research and fraud prevention solutions to financial services companies, credit issuers, retailers, online merchants and telecommunications companies. Visit www.idinsight.com to learn more.

Contact: Jack Sundstrom, ID Insight                                                                                                       612-669-7601 jack.sundstrom@idinsight.com

Date Posted: July 25, 2016 Author: Jack Sundstrom Category:   Featured, Press Releases

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