Moneybookers Announces Appointment of Head of Anti-Fraud to Help Facilitate Further Growth


LONDON, April 23 /PRNewswire/ --     Moneybookers, one of Europe's leading online payment systems,
today announces the appointment of Tero Pollanen as Head of Anti-Fraud. His
appointment is one of a series of new hirings that has seen Moneybookers'
headcount double since the beginning of 2008.

Tero, formerly senior manager for fraud strategy at LloydsTSB,
will be heading up Moneybookers' industry-leading Anti-Fraud and Risk Team,
driving the continued development and implementation of the Company's
proactive fraud prevention strategy. This area is becoming ever more crucial
in ensuring safety for all users as Moneybookers expands at a rate of 10,000
new account openings a day. The security of Moneybookers' system is one of
the key drivers for this growth in turn, as users look for a safe way to shop
and transfer money online.

In order to meet this strong growth, Moneybookers has doubled
its total staff headcount from 150 at the start of 2008 to nearly 300 in
March this year. Moneybookers will hire an additional 100 employees by the
end of 2009 to help facilitate the continued expansion of the business. The
company recently announced record results for 2008 with EUR2.4 billion in
transaction volume and profit of EUR18.7 million, and is confident of
successfully building on this growth momentum throughout 2009. Moneybookers
signed up its seven millionth account holder in March.

Nikolai Riesenkampff, co-CEO of Moneybookers, said:

"I'm delighted to welcome Tero to the Company as he brings
with him a wealth of experience which he will be employing to enhance the
security of our systems even further. He will be a welcome addition to our
industry-leading team of anti-fraud specialists as we seek to continue to
grow our business."

Tero Pollanen, new Head of Anti-Fraud at Moneybookers, said:

"Moneybookers is at the forefront of fraud prevention in the
online payments industry but this is an ever-changing world and we need
constantly to keep refining and updating our security measures. I'm looking
forward to this challenge and making sure we remain one step ahead of
fraudsters."

About Moneybookers:

Moneybookers is one of Europe's largest online payments
systems and among the world's leading eWallet providers, with over seven
million account holders. The simple eWallet enables any customer to
conveniently and securely pay online without revealing personal financial
data, as well as to send and receive money transfers cost-effectively by
simply using an email address. Moneybookers' worldwide payment network offers
businesses access to over 60 payment options in over 200 countries with just
one integration. Already more than 35,000 merchants use Moneybookers'
payments service, including global partners such as eBay and Skype.

Moneybookers was founded in 2001 in London and is regulated by
the Financial Services Authority of the United Kingdom.

For more information, see: http://www.moneybookers.com.

For more information, please contact:
    Fishburn Hedges +44(0)20-7839-4321
    Andy Berry / Dan Bradley / Michelle James
    moneybookers@fishburn-hedges.co.uk

© PR Newswire Association LLC.

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