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Rippleshot is transforming the way that banks and credit unions detect fraud through a cloud-based technology solution that leverages machine learning and data analytics to distinguish fraudulent activity more quickly and efficiently. Rippleshot’s award-winning technology processes millions of payment card transactions to proactively pinpoint when and where a data breach occurred. Following detection, Rippleshot provides financial institutions with the tools they need to update fraud detection rules in order to lower their fraud losses while avoiding unnecessary card re-issuance.

HQChicago, IL, US

Latest Updates

Employees (est.) (Nov 2021)16
Cybersecurity ratingAMore
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Key People/Management at Rippleshot

Canh Tran

Canh Tran

Co-Founder & CEO
Randal Cox

Randal Cox

Chief Scientist
Jennifer Fout

Jennifer Fout

Product Director
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Rippleshot Office Locations

Rippleshot has an office in Chicago
Chicago, IL, US (HQ)
321 North Clark, 321 N Clark St #2550
Chicago, IL, US
222 W Merchandise Mart Plaza #1212
Chicago, IL, US
227 W Monroe St #5200
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Rippleshot Financials and Metrics

Summary Metrics

Founding Date


Rippleshot total Funding

$6.1 m

Rippleshot latest funding size

$1.5 m

Time since last funding

3 years ago

Rippleshot investors

Rippleshot's latest funding round in August 2018 was reported to be $1.5 m. In total, Rippleshot has raised $6.1 m
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Rippleshot Cybersecurity Score

Cybersecurity ratingPremium dataset



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Rippleshot Online and Social Media Presence

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Rippleshot Blogs

Malware Data Breach Alert: Dickey's Barbecue Pit

Dickey's Barbecue Pit, a restaurant franchise with 156 locations across 30 states, was hit by a malware-based, point-of-sale data breach. The details of the breach surfaced after Gemini Advisory, a cybersecurity firm, found the stolen cards on a Joker’s Stash, a hacker’s forum for stolen…

How AI Models Streamline Fraud Detection and Analysis

With fraudsters exploiting new technologies and leveraging sophisticated tactics to compromise card credentials and account data, fraud analysts on the front line, like yourself, know they must have tools to move faster and smarter. Tools that leverage AI models fit the bill for fraud m…

3 Educational Resources For Financial Institution Fraud Managers

Fraud managers are busy. We know it's hard to find a one-stop resource shop for determining how to choose the right fraud tools that align with your fraud strategies and organization goals. The Rippleshot team is here to be your guide to approach this complex space.  Recently, we've put…

Card Fraud Industry Insight: 'Four Keys to Building A Strong Program'

"Success isn’t just measured by how many customers you can bring on, but also by how many you can retain. One of the leading causes for customers to close their cards is the feeling that their issuer isn’t doing enough to secure their accounts." 

Evaluating Fraud Analytics Tools: 5 Features to Consider

Fraud and risk managers and analysts at community banks and credit unions face similar hurdles when selecting a fraud analytics tool that meets their fraud management goals. They are equipped with droves of transaction, merchant and cardholder data, but don’t quite have the time or reso…

Fraud Rule Writing Assessment: How to Measure Your Effectiveness

Fraud analysts and managers are the top line of defense against evolving fraud threats, causing them to spend countless hours fine tuning fraud rule writing and conducting analysis on these efforts. They’re tasked with mitigating incidents, reducing fraud losses and false declines — all…
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Rippleshot Frequently Asked Questions

  • When was Rippleshot founded?

    Rippleshot was founded in 2012.

  • Who are Rippleshot key executives?

    Rippleshot's key executives are Canh Tran, Randal Cox and Jennifer Fout.

  • How many employees does Rippleshot have?

    Rippleshot has 16 employees.

  • Who are Rippleshot competitors?

    Competitors of Rippleshot include EMPcorp, Opayo and ThreatMark.

  • Where is Rippleshot headquarters?

    Rippleshot headquarters is located at 321 North Clark, 321 N Clark St #2550, Chicago.

  • Where are Rippleshot offices?

    Rippleshot has an office in Chicago.

  • How many offices does Rippleshot have?

    Rippleshot has 3 offices.