Ohad Samet is an entrepreneur and executive in the financial services industry, having worked as a manager, founder, and executive in various companies. Ohad started his career as manager of the fraud analysis group for FraudSciences, a fraud prevention startup for high risk payments. After FraudSciences was acquired by PayPal in 2008, he worked in various roles for the company, among them the manager of the new ventures risk team, in charge of risk management for PayPal's Digital Goods, Mobile and Adaptive Payments products. Ohad left PayPal in 2010 to work on two projects; one of them, Signifyd, is now a leading fraud prevention vendor working with Fortune 500 companies to reduce payments fraud. The other, Analyzd, was acquired by Klarna, an up and coming European payments company, in 2011. At Klarna, Ohad served as Chief Risk Officer, in charge of granting real-time short-term credit on Klarna's $2.5B of annual payments volume. In 2013 Ohad left Klarna to focus on new projects in the financial services industry.
Ohad maintains a risk management and payments blog at http://www.ohadsamet.com.
Online payments and eCommerce have been targets for fraud ever since their inception. The availability of real monetary value coupled with the ability to scale an attack online attracted many users to fraud in order to make a quick buck. … read more