Retail Decisions, a leading card-based transactions services business providing fraud prevention to the finance, telecommunications, retail and e-commerce sectors, announces its inaugural Risk Management Symposium.
Hosted by ReD PRISM, a division of Retail Decisions plc, the symposium will feature interactive workshops, specialized conference sessions and informative case studies addressing solutions, strategies and `best practices’ for detecting and preventing card fraud and money laundering.
The Risk Management Symposium is being held on June 26-28, 2002 at the Hyatt Regency Newport in Newport, Rhode Island.
Distinguished Gartner analyst, Kenneth Kerr will keynote the symposium. Mr. Kerr serves on Gartner’s Emerging Payment Systems team, covering Internet payment systems and technologies and has world-renowned recognition as an expert in the field of electronic payment trends and the card-not-present arena.
The Card Fraud Control Workshop will be hosted by John McVitie, Fraud Prevention Specialist, and formerly of the Association for Payment Clearing Services (APACS). This dynamic workshop will explore the latest fraud schemes – who’s perpetrating them, what are the new techniques in random account generation, identity theft, ATM and POS fraud tactics, card-not-present (CNP) fraud and counterfeiting favored by organized criminal groups and how can card issuers and retailers effectively combat card and card-not-present fraud. The Anti-Money Laundering Workshop will be led by Charlie Intriago, President of Alert Global Media and publisher of Money Laundering Alert, a Miami-based monthly publication that is one of the world’s leading authorities on money laundering, the Bank Secrecy Act and foreign laws. This compelling, half-day session will provide an in-depth look at how new anti-money legislation is changing the role of financial institutions in the government’s heightened battle against illicit money laundering activities. Panelists in this lively, roundtable session will include representatives from U.S. and Canadian regulatory agencies, law enforcement and compliance experts from leading financial institutions.
Other expert speakers and panelists already confirmed for the symposium include The American Bankers Association, AT&T, CertaPay Inc., The Coalition for the Prevention of Economic Crime, The Federal Bureau of Investigations (FBI), GE Capital, the Internal Revenue Service (IRS), Kroll Associates, PaySolv Inc., Retail Decisions, Royal Bank of Canada, South Africa National Neural Network Steering Committee, Surefire Commerce, Target Corporation, Visa U.S.A., Walmart.com, the U.S. Postal Inspection Service (USPIS) and more. Registration for the Risk Management Symposium 2002 is $495 until April30, and $595 after April 30. For more information or to register, visit [http://www.retaildecisions.com] or call Beth Lester at 401.228.2355 to reserve your space. Seating is limited.
About Retail Decisions
Retail Decisions ([http://www.retaildecisions.com]) is a card-based transactions services business that provides fraud prevention to the finance, telecommunications, retail and e-commerce industries. By leveraging both, rules-based and predictive neural risk management and analysis tools, Retail Decisions is able to identify and prevent payment card fraud. The company currently protects nearly 10,000 retail sites globally. In 2000, Retail Decisions processed more than 1.25 billion card transactions, stopping an estimated $113 million in fraudulent purchases. Retail Decisions has more than 16 years’ experience in credit card risk management and payment settlement services to the telecommunications industry in the US, and currently supplies its services to over 45 telecom companies.
ReD PRISM, a division of Retail Decisions, Inc., is a leading provider of intelligent decision-support solutions for the financial services and e-commerce industries. ReD PRISM’s client/server products incorporate innovative, pattern-recognition technologies ideally suited for data-intensive, real-time decision applications. The company’s products provide predictive fraud detection and case management for e-commerce fraud, credit, debit and retail (private-label) card fraud, as well as merchant fraud and money laundering.
ReD is publicly traded on the official list of the London Stock Exchange under the trading symbol, “RTD”. More information about ReD is available by visiting the company Web site at [http://www.retaildecisions.com].