opinion

e-Commerce Payments and Risk

Joe D Feb 26, 2009

The Merchant Risk Council (MRC) is a merchant-led trade association focused on global electronic commerce risk and payments. Headquartered in Seattle, they lead industry networking, education and advocacy programs to make electronic commerce more efficient, safe and profitable. With over 7,500 members, the MRC is the leading trade association for managing payments, preventing online fraud and promoting secure e-Commerce. The MRC is dedicated to working with e-Commerce and multi-channel merchants, credit card issuers, credit card companies, risk management providers, and law enforcement to make the Internet a safer and more profitable place to do business.

The Merchant Risk Council’s 7th Annual e-Commerce Payments and Risk Conference will be held at the Wynn Las Vegas Resort on March 10-12, 2009. Terry Jones, founder of Travelocity.com has been chosen to deliver the opening keynote speech and Chris Hansen, Dateline NBC correspondent, will be delivering the conference’s closing speech.

Tom Ridge, former US Congressman, Governor of Pennsylvania and the nation’s first Secretary of Homeland Security will be a special keynote speaker at the conference, addressing growing cyber security issues that affect both US security and the US and global economies.

The conference, sponsored by Chase Paymentech, will include approximately 40 speakers and panelists, more than 30 unique sessions, and more than 40 payment and risk industry exhibitors – all delivering valuable insight and information on the growth, diversity and risks associated with e-Commerce payments; new global electronic commerce business models; the latest trends in global payment channels; as well as identifying current and future global cyber threats. Individual session topics include:

Fraud Management - A Community-based Approach

Criminal Diversification - A Look at the Emerging Strategies of Cybercrime

Geolocation - as a Risk Management Tool

Global Risk Management - Trends and Solutions

Internet Bank Payments - Coming of Age

Managing Risk - to Maximize Revenue

Optimizing Automation - to Increase Fraud Team Productivity

Payments - as a Business Strategy

PCI Security Standards

Understanding the Dynamics - Chinese and Asian Markets

The Value of Social Media - Becoming the Conversation Architects

A Window into Fraud - Visualizing Evolving and Emerging Patterns

The conference claims to unite the world’s top multi-channel and Internet merchants, credit card companies, risk management providers, law enforcement agencies and various consultants and educators in discussing how to make shopping on the Internet easier, safer and more profitable for all involved.

For the full conference information and registration details or exhibition requirements, visit the MRC website at www.merchantriskcouncil.org .

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