MasterCard’s Annual Risk Management Conference in Singapore 3-6 August 2010

MasterCard has confirmed that it will hold its annual Global Risk Management Conference in Singapore, 3 - 6 August 2010. The three-day symposium is expected to welcome hundreds of attendees from across the Asia Pacific, Middle East and Africa region.

“This regional MasterCard annual risk management conference is just one of the many ways that MasterCard continually works with our partners to help ensure the safety and security of the global payments system,” said Wendy Murdock, chief franchise officer for MasterCard Worldwide. “The strategies and tactics offered during this event will help ensure that data security professionals are up-to- speed on some of the latest approaches to payment card fraud prevention while also highlighting some new fraud management products being introduced to the marketplace.”

The conference will offer thought-provoking breakout sessions and informative presentations by well-renowned industry experts. The featured sessions will take an in-depth look at global fraud issues as well as unique challenges specific to the regions represented at the event. Some of the key topic areas at the conference include:

- Chip & PIN: Fraud Mitigation as a Result of EMV Implementation – Experts will discuss the impact of Chip cards in combating global fraud and how its implementation affects various types of payment card fraud.

-  Safeguarding Against Point of Interaction (POI) Manipulations by Organized Crime – This session will provide an overview of how fraudsters are targeting attacks against POI terminals and highlight what stakeholders can do to better identify these attacks and how to prevent them.

- Empowering the Cardholder in the Fight Against Fraud – Attendees will learn how they can leverage various fraud management products currently available to ensure they have robust and efficient systems in place to control card authorizations and minimize fraudulent transactions.

Also new this year, MasterCard will be offering pre and post-conference seminars and workshops.

The pre-conference Plastic Card Vendor seminar will focus on MasterCard’s Global Vendor Certification Program and the new Card Structure and Integrity Program, as well as recent developments with contactless, near-field communication, Chip and PIN, and mobile payment card technologies. The seminar offers vendors an opportunity to network with key decision makers from financial institutions, processors, and payment card service providers.

 MasterCard also is offering a Payment Card Industry Data Security Standard (PCI DSS) pre-conference workshop that will highlight recent findings from account data compromise events to help attendees better recognize the warning signs associated with a potential compromise event.

The post-conference seminar will focus on educating customers on the various compliance programs MasterCard manages to help ensure the integrity of the global payment card system. Attendees will gain an even better understanding of the MasterCard rules they need to follow and tools they can use to improve or enhance compliance performance.

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