Company Performance Metrics
David Patterson: Co-Founder & Vice President
FiTeq, Inc. develops cards with fraud-fighting solutions that protect payment data by providing authentication, unique for each transaction. It offers solutions that change the magnetic stripe data on the card while swapping and generates a new transaction specific code to protect the card from fraudulent use. The company offers SecurTeq that
prevents fraud losses from counterfeit cards by generating a FiTeq transaction specific code for each transaction; MultiTeq, which delivers cardholders convenience by providing various payment account options in one card; and TagTeq that offers buttons so that cardholders can ‘tag’ specific transactions to organize statement information. Its solutions are used in cards and NFC devices issued by banks in the United States. FiTeq, Inc. was incorporated in 2009 and is based in Tiburon, California.
