Feedzai Hires Todd Clark As New Head Of Global Sales And Relationship Management

SAN MATEO, Calif., Aug. 12, 2014 /PRNewswire/ --Feedzai, a data science company that uses real-time, machine-based learning to analyze big data to prevent fraud, today announced that C. Todd Clark has joined its executive team as head of global sales and relationship management. With more than 20 years of sales and client relations experience in the financial sector, Clark is prepared to build out and lead Feedzai's North American sales team and will be instrumental in continuing to grow the business in this region.

"We are happy to welcome Todd to Feedzai, where he will lead our rapid expansion into the retail and financial institutions market here in North America," said Nuno Sebastiao, CEO of Feedzai. "Todd's vast experience in sales and management, coupled with his passion for working with emerging startups is a perfect match with our customers who also desire innovation and disruption of the status quo."

Clark most recently served as senior executive vice president, sales and relationship management, at Cardtronics, where he was responsible for managing the retail and financial institution customer base, including 7-Eleven, CVS, Chase, and Bank of America. Prior to Cardtronics, Clark served as Senior Vice President/General Manager, Strategic Clients for First Data Corporation, a provider of e-commerce and payment solutions. Clark began his career as a principal at Core Data Resources, then growing the business from less than 100 ATMs in 1996 to over 35,000 in 2002. There, Clark led the company to the rank of second largest ATM processor in the U.S. Clark is a graduate of The University of Texas at Austin with a Bachelor of Arts in Economics, Minor in Math.

Feedzai Fraud Prevention That Learns™ technology fuses big data and machine learning to allow analysts to predict and prevent electronic payment loss in real time based on behavioral analysis and understanding of the way consumers behave when they make purchases, online, in-store or from mobile devices. The software uses big data, including mobile and social data streams, to create deep learning profiles for each customer, merchant, location or POS device, with up to a three-year history of data behind it. This data helps acquirers, issuers and retailers mitigate risk, guard every transaction and preserve the customer experience no matter the channel.

Feedzai started in Europe, and is also available in North and South America, Europe, and Africa. The company has been working with a number of customers, including Coca-Cola, Logica, Vodafone, Ericsson, Horizon Wind Energy, Servebase Credit Card Solutions, Securenet and Yoco. The company is backed by SAP Ventures, big data investment firm Data Collective, and other international investors for a total of $4.3 million.

To learn more about Feedzai, visit www.feedzai.com 

About Feedzai
Feedzai is a data science company that uses real-time, machine-based learning to help payment providers, banks and retailers prevent fraud in omnichannel commerce. Feedzai is a global company, with US headquarters in San Mateo and is backed by SAP Ventures, big data investment firm Data Collective, and other international investors. Companies that rely on Feedzai include Coca-Cola, Logica, Vodafone, Ericsson, SIBs Payment Solutions, Horizon Wind Energy, and Servebase Credit Card Solutions.

SOURCE Feedzai