Seon Fraud Fighters, the Budapest based firm which uses AI tech to fight against fraudulent practices in financial services industry has revealed the addition of new executive to its senior level leadership and management team. As per statement released by the firm, it has onboarded Mr. Jimmy Fong to serve as its new Chief Commercial Officer effective immediately. In his new role as Chief Commercial Officer at the firm, Mr. Fong is responsible for design and implementation of sales and growth strategies and will continue to firmly and vocally advocate for innovative fraud prevention practices. While the official announcement from the firm on his appointment comes now, Mr. Fong had been a part of this firm since March 2020 according to information in his LinkedIn profile. The firm believes Jimmy to be the ideal candidate for CCO given his passion for progress and vast experience and knowledge in sales operations.
The incoming executive is a veteran with nearly two decades of experience having served in various roles associated with sales operations across leading players in financial services industry. He began his career as a Student Manager and Sales Person in Southwestern Company while still pursuing his master’s degree in University of Edinburg. Post graduating from the University, he served as District Manager at Lidl for short period of 1 year and then moved on to serve as senior sales executive at Reed Business Information for two years. Before taking up his current role at Seon, he served as Vice President of Sales for EMEA region at InAuth for three and a half years. Aside from his current role at Seon, he also served as a Member of Revenue Collective in its London Chapter having joined the firm around same time as Seon in March 2020. Earlier in his career, he served as ePayments Expert at Global Collect Services B.V & SMC – Enterprise Sales Director at Cyber Source which is now a part of Visa Inc.
Commenting about Jimmy’s addition to the team, Tamas Kadar – CEO of Seon said “To say that it was perfect timing when we discovered Jimmy is not an understatement. His experience and enthusiasm make him uniquely placed to perform the role of Chief Commercial Officer, and we are delighted to have him onboard. With a team as exciting as this, we are convinced SEON is set to become a world-class company that is top of mind when it comes to an end-to-end fraud prevention solution”.
Speaking about his new role at the firm, Jimmy said “To fight a fraudster you have learn how to be one step ahead, this means becoming ruthless, innovative and relentless. This is a mindset my colleagues and SEON founders Bence and Tamas were forced to adopt when they saw that existing fraud prevention technology was failing. I have worked in the fraud industry for many years and have seen first-hand the complacency that is endemic – even with some of the largest names. To work with SEON, where we are tailoring the solution to the actual fight we are facing is refreshing and effective. The business is already reaping the rewards of its laser-focused approach; profitable within 2 years and a 200% revenue increase in 2019. I look forward to being part of a team that improves on the fight against fraud and protects online business properly”.