Known by many as one of the world’s experts in fraud management, Pete Kledaras leverages his 20+ year career in risk management and credit card fraud to head risk, data, and fraud detection at Bolt. Prior to joining Bolt, Pete served as Chief Risk Officer at CashStar for eight years.
During his time at CashStar, Pete developed its groundbreaking risk management platform for digital commerce. Many major retailers, including Best Buy, Dell, Gap, Office Depot, Staples, Starbucks, and The Home Depot, rely on the fraud systems that Pete designed to power their highest-risk online purchases: eGifts, plastic gift cards, and stored value reloads. Following his early career as an economist at the US Treasury and International Monetary Fund, Pete enjoyed remarkable success in risk management at several leading banks including the Bank of New York and First USA/Bank One. Pete has also served as an advisor to dozens of blue-chip organizations including TD Bank, Visa EU, Barclaycard UK, BNP Paribas, WEX Corp, and PowerPay (now EVO).