Technology >> CEO Interviews >> March 31, 2003
ROBERT J. LYNCH is President and Chief Executive Officer of
ClearCommerce Corporation. Mr. Lynch is serious about helping
companies make money on the Web. A no-nonsense, no-hype approach
to Internet financial transaction processing is changing the way
customers view the potential of the Internet as a seamless
channel for sales and service. Mr. Lynch never loses sight of his
company's role to solve tough business problems in a crusade to
make the Web channel profitable ' explaining that the biggest
hurdles to Internet revenue are threat of fraud and the back-end
integration with existing business processes. Solving these
problems, says Mr. Lynch, will make ClearCommerce very
successful. He began his career in electronic financial services
with ADP in 1980. In 1984 Mr. Lynch joined MTech, rising to
SVP/GM of the Retail Banking/Merchant Systems business unit. Mr.
Lynch was recruited in 1991 to serve as President of
ACS/Transfirst. In two years he turned the startup toward
profitability before he was asked to do the same for a $40
million acquisition. ACS had a successful IPO in 1994. Recruited
by NetSolve that same year, he helped redefine their sales focus
as VP Sales. NetSolve achieved profitability and had a successful
1999 IPO. Since becoming CEO of ClearCommerce in 1997, he has
raised $55 million in financing, hired a veteran management team
and has grown the merchant base from 250 to over 50,000. Profile
Mr. Lynch: The company was founded and bootstrapped by the two
Founders from 1995 through 1997. At the end of 1997, we
