Image via WikipediaOrganization Poised to Increase Consumer Confidence in Online Shopping
(Seattle, WA—June 1, 2010) The Merchant Risk Council (MRC), a merchant-led trade association focused on helping organizations reduce the risks associated with electronic commerce and payments globally, announces their support of today’s multi-national “Day of Action” by law enforcement and regulatory authorities in five countries in combating global mass marketing fraud.
The MRC is actively working with the leading e-Commerce and multi-channel merchants throughout North America and Europe and collaborating with a wide variety of law enforcement agencies, risk management solution providers, credit cards brands as well as numerous payment providers and processors in fighting fraud and mitigating risk in the online shopping channel.
“With Internet commerce becoming increasingly complex, we help the industry make online payments safe,” said MRC Executive Director Tom Donlea. “As a leading trade association in the industry, we facilitate collaboration among the good guys – after all, the bad guys are constantly collaborating to find new ways of defrauding banks, retailers and consumers. When it comes to battling against fraudsters, we need to do the same.”
The MRC supports the efforts of law enforcement agencies in Australia, Canada, the Netherlands, the United Kingdom and the United States to reduce cybercrime and mass marketing fraud.
About the Merchant Risk Council
The Merchant Risk Council (MRC) leads industry networking, education, benchmarking and advocacy programs to make electronic commerce more efficient, safe and profitable.
Today, with the power of its member-base, 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, payment processors, credit card issuers, credit card companies, alternative payment providers, risk management experts, and law enforcement to make the Internet a safer and more profitable place to do business.
The MRC Global Board of Directors include: Apple, CyberSource, Discover, Expedia, Neiman Marcus, Visa and Wal‐Mart. The MRC Americas Advisory Board includes: Dell, Gap, GlobalCollect, Linden Lab, Microsoft, PayPal and Trustwave. The MRC European Advisory Board includes: Carphone Warehouse, Chase Paymentech, eDreams, GlobalCollect, Nike, Retail Decisions, SonyStyle, Symantec and Trustwave.
The MRC is headquartered in Seattle, Washington.
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