Focus oncybercrime and mitigating fraud in Asian markets
Hamilton, Bermuda. February 24th, 2009. First Atlantic Commerce (FAC), a leading, international, online multi-currency payment and risk management solutions provider, is set to speak at the 7th Annual AIG Congress & Expo in Macau on Wednesday.
FAC’s CEO, Andrea Wilson, will speak on current global trends in online fraud and how to mitigate payment fraud risk and exposure during a dedicated’Payments and Fraud Control’session.
FAC provides consumer pre-authentication solutions for Internet merchants, processors and bank acquirers, and recently launched its suite of cGate® SecureRisk consumer pre-authentication solutions aimed at reducing online payment fraud, enhancing real-time payment fraud reporting, and mitigating Internet payment related risks for both bank acquirers and online businesses.
cGate® SecureRisk includes North American Address Verification Services (AVS), Card Verification match checks Cvv2/CVC2), Amex CID match checks, worldwide 3-D™ Secure solutions, IP Geolocation and Geocompliance services, and the company’s newest product, cGate® Validate– a unique Card Account Confirmation service.
cGate® Validate enables banks and online businesses to validate the consumer is in possession of both the physical card, and the monthly billing statement, when an online account is established. Cardholders would be required to verify the amount, and the billing statement description of a particular transaction amount, and confirm the details at the participating merchant’s web site, or customer service centre, in order to be confirmed as a legitimate cardholder.
AIG willtake place at theVenetian Macao-Resort Hotelon February25th and 26th, 2009.
For more informationon First Atlantic Commerce’s suite of online fraud and data management services, please visit www.firstatlanticcommerce.com or email us atinfo@fac.bm.
Should you wish tomeet with a FAC representative duringAIG,please contact tlineshill@fac.bm.
