R. Whitney Anderson
E-commerce Fraud Prevention Technology Executive, Information Technology and Services
Hi, I'm R. Whitney Anderson. I am Co-Founder and CEO of Fraud.net, the leading crowdsourced fraud prevention platform for online merchants.
R. Whitney Anderson's Bio:
R. Whitney Anderson
Experience
Click to edit position titleCo-Founder & CEO
Click to edit company nameFraud.net
Click to edit position time period, followed by position location name2013 – Present (2 years)New York City
Click to edit position description○ Launched the first company dedicated to reducing online payment fraud by crowdsourcing fraudulent transaction information from a wide variety of e-merchants. By working together and sharing fraud data among e-commerce, i-gaming, digital product and online financial companies, Fraud.net has substantially improved fraud detection rates and stemmed losses for its hundreds of participants. ○ Achieved sector leadership in real-time collaboration, rapid machine learning and advanced fraud analytics.○ Pursuing goal of eliminating the majority of the $15+ billion annual cost to U.S. merchants due to online payment fraud.
1 honor or award
Fraud.net, the first pure crowdsourced e-commerce fraud prevention solution
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Click to edit position titleChairman & CEO
Click to edit company namePlanetRx.com
Click to edit position time period, followed by position location name2011 – 2013 (2 years)New York City
Click to edit position description○ Acquired PlanetRx.com (formerly NASDAQ:PLRX) .re-engineered the operations, and re-launched the storied Web 1.0 brand.○ Built the company into a multi-million dollar e-commerce leader in the drugstore sector. ○ Successfully sold the company to WelldyneRx, a leader in the pharmacy benefits management (PBM) industry.
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Click to edit position titleChairman & CEO
Click to edit company nameMotherNature.com
Click to edit position time period, followed by position location name2003 – 2011 (8 years)New York City
Click to edit position description○ Acquired MotherNature.com (formerly NASDAQ:MTHR) and led the building of a dynamic e-commerce leader in the health & wellness marketplace.○ Grew revenues by over 600% in the last 6 years, at a compound annual growth rate (CAGR) of over 40%.○ Named the #112th fastest growing retailer in the U.S. (Inc. 2010 list) and the #2227 fastest growing private company overall (out of 7 million businesses tracked).○ Raised several rounds of venture financing and collaborated effectively with private equity investors to devise and implement strategy.○ Built a team of 60 people across all corporate functions, achieved productivity levels 100% higher than Company peers and attained sector leadership in data management, analysis, algorithmic processing and internet marketing.○ Successfully sold the company to DrVita.com, a leading online vitamin retailer owned by the founder of Vitacost (NASDAQ:VITC).
1 honor or award
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Click to edit position titleChairman & CEO
Click to edit company nameNaturalist.com
Click to edit position time period, followed by position location name1999 – 2003 (4 years)New York City
Click to edit position description○ Established incubator to capitalize on internet opportunities in the environment, health & wellness sectors.○ Provided operational, technology and strategy support for equity in numerous B2C, B2B and B2G internet companies.○ Structured and secured seed financing and raised follow on private equity financing for portfolio companies.
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Click to edit position titlePartner
Click to edit company nameNorth American Securities Company
Click to edit position time period, followed by position location name1994 – 1999 (5 years)Greater New York City Area
Click to edit position description○ Managed all aspects of investment banking and private equity investment for the flagship Private Equity Fund.○ Created one of the first companies dedicated to the acquisition and redevelopment of contaminated properties ("Brownfields"). Largest project was rehabilitated and sold to Merck-Medco for over 10 times the purchase price.
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Click to edit position titleLead Moscow Representative
Click to edit company nameKroll Associates
Click to edit position time period, followed by position location name1993 – 1994 (1 year)Moscow, Russian Federation
Click to edit position description○ Served as the primary liaison and analyst for exclusive contract to assist Russian Federation in stemming the unauthorized outflow of capital during the governmental transition from Communism to Capitalism.○ Led local effort to identify illegal financial activity and repatriate approximately $80 billion in missing financial instruments, foreign currency and gold reserves.
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Click to edit position titleAssistant Vice President
Click to edit company nameBank of America / Security Pacific International Bank
Click to edit position time period, followed by position location name1988 – 1992 (4 years)New York City
Click to edit position description○ Responsible for marketing and structuring international financial services, primarily in the areas of foreign exchange, swaps, and corporate and trade finance, for French-speaking European financial institutions.○ Chosen for the 3-person New York merger team which executed the acquisition and integration of Security Pacific Bank into Bank of America, at the time the largest bank acquisition in history. Specifically responsible for integrating the two international bank-to-bank marketing functions.
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CertificationsAdd certificateDrag to rearrange profile sections
Click to edit certification nameSeries 7, 63, and 24 Principal's License
Click to edit certification authority followed by license numberNational Association of Securities Dealers (NASD), License Voluntarily Expired
Click to edit certification dates1994 – 1999
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PublicationsAdd publicationDrag to rearrange profile sections
Click to edit publication titleThe Art of Retail, Co-Author
Click to edit publication or publisher nameAspatore Publishing
Click to edit publication date2003
Click to edit publication descriptionInside the Minds: The Art of Retail is the most authoritative book ever written on the ins and outs of retailing - through all channels. Featuring Chairmen, Presidents and CEOs representing some of the world's leading retailers, this book provides a broad, yet comprehensive overview of all aspects of the industry and the keys to conceptualizing, differentiating and delivering a successful and...
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Honors & AwardsAdd honors & awardsDrag to rearrange profile sections
Click to edit honor titleTop 100 Most Promising Technology Companies
Click to edit honor issuerCIO Review
Click to edit the date this honor was bestowedAugust 2014
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Click to edit honor titleInc 500|5000 Company
Click to edit honor issuerInc Magazine
Click to edit the date this honor was bestowed2010
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Additional Honors & Awards
EditCo-Author "The Art of Retail", 2003
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LanguagesAdd languageDrag to rearrange profile sections
Click to edit languageFrench
Click to edit language proficiencyFull professional proficiency
Click to edit languageRussian
Click to edit language proficiencyFull professional proficiency
Click to edit languageEnglish
Click to edit language proficiencyNative or bilingual proficiency
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