Day 2 - Trends & Updates
CONFERENCE REGISTRATION & BREAKFAST
SECURITY ROADMAP FOR NEXT GENERATION OF RISKS AND TECHNOLOGY
Troy Leach –Chief Technology Officer, PCI Security Standards Council
As new cyber threats emerge, and advances in technology change the way we conduct payments and secure them, now is the time to move away from static data towards dynamic data that cannot be used and repurposed for fraud. Attend this session to learn how the introduction of unique payment credentials and dynamic data is setting the course for payment security . As new cyber threats emerge, and advances in technology change the way we conduct payments and secure them, we must develop security strategies to protect sensitive data, improve how we authenticate, and simplify PCI compliance where possible. Please join us to discuss how payment security is evolving to prevent the capture of account information for fraudulent purposes and to learn what the PCI Council is doing in 2017 to facilitate the next generation of payment security.
EMV Progress Report a Year Later
Moderator: Raymond Carter–Principal, First Annapolis Consulting
Georgia Stavrakis–Vice President, Heartland Payment Systems
Aliki Liadis-Hall –Director of Underwriting & Compliance, North American Bancard
VadeeneSisk –Vice President Loss Prevention and Disputes, Elavon
Last year, our panel discussed the current state of the EMV roll out, effective strategies for EMV migration and the risks at play. This year, we brought back the same panel to discuss EMV a year later. They will discuss the updates, what went right, what went wrong, and they will bring more tales from the frontline.
“YUUUGE” CHANGES IN WASHINGTON (BUT LESS THAN YOU THINK)
Moderator: Chris Geron–VP, Global Card Brand Management, Elavon
Kim Ford –VP, Global Government & Public Affairs, First Data
Jon Genovese –Regulatory & Government Affairs, Vantiv
Ed Wilson –Esq., Partner, Venable LLP
In this panel, Washington insiders will talk about the new administration and changes at federal and state regulatory agencies impacting payments. Panelists will cover potential changes to the Durbin Amendment, the Financial CHOICE Act, the future of Operation Choke Point, state money transmission, the potential repeal of new prepaid rules, the future of the Consumer Financial Protection Bureau, and the opportunity for self-regulatory programs in an era of expected de-regulation.
FRAUD TRENDS PANEL
Moderator: Eddie Glenn –Product Marketing Manager, Fraud Prevention, iovation
Yogesh Dwivedi–Risk Manager, PayPal
Bernard McManus –Sr. Director Global Fraud Management, Sony
VinodhPoyyapakkam–Director of Risk Policy, Consulting and Merchant Risk, WePay
The new frontier of fraud is here, from BOT attacks, to ATO, mixed in with a little bit of card testing and credential stuffing. If you don’t know what any of this means, don’t worry we have PayPal, WePay, and Sony here to help you identify and combat the threats you may not even recognize. Please join our moderator, Eddie Glenn, from iovation as he leads this panel down a treacherous path of mitigation enlightenment!
KEYS TO WINNING THE WAR AGAINST FRAUD AND CHARGEBACKS; BATTLE
PROVEN STRATEGIES TO PROTECT AGAINST LOSS
Mark Standfield – President, Midigator
In 2016, over 6 billion in revenue was lost due to chargebacks in the E-commerce ecosystem. Approximately 70% of that loss was attributed to “friendly” chargebacks. Most businesses are expecting increased online fraud and chargebacks this year and are actively looking for solutions to protect against losses. One ofthe first places merchants look to for help is their merchant account provider. What will your advice be to them? In this session, we will discuss what tools address which challenges and how to use these tools to create the greatest protection available for your merchants (and you).
Agreement Express presents:
THE POWER OF UNDERWRITING IN STAYING COMPETITIVE AGAINST STRIPE AND SQUARE
Peter Fitzpatrick –Director of Enterprise Sales, Agreement Express
The ‘Stripe’ like customer experience is top of mind for organizations focused on growth and unifying operations. The risk and underwriting team can be a powerful linchpin in helping their organizations compete against Stripe and Square. This session will provide insights and tangible case study examples on how to optimize your underwriting and gain unprecedented visibility into your business processes.
NOT FOR HUMAN CONSUMPTION –HOW TO SPOT HIGH-RISK MERCHANTS HIDING IN PLAIN SIGHT
Niamh Lewis –Director of General Operations and Associate Product Counsel, LegitScript
This presentation will provide an overview of high-risk merchants that sell products such as designer drugs, bodybuilding injectables, and psychoactive botanicals, while hiding behind misleading marketing and fake disclaimers (including the now-classic "not for human consumption”). The presentation will provide plenty of real-world examples, so the audience can spot these types of bad actors going forward. It will also address areas of borderline legality, e.g., merchants selling plants that contain controlled substances.
KYC PARTNERING FOR SUCCESS
Greg Carmean–Director, Core Products and Data Strategy Organization, Experian
Everyone knows the importance of knowing your customer but the ‘how’ and ‘why’ are a bit tricky. We will discuss the importance of fraud prevention by consolidating the business and business owner data assets and analytics. This will be mix of fraud prevention and compliance information that can help you ‘know your customer’ and meet regulatory requirements.
STEPPING UP YOUR CUSTOMER DUE DILIGENCE
MalekaAli –President, Arc-Serv, LLC
Brian Dorchester–EVP, Operations, First American Payment Systems
Heather Mark–Director, Compliance, ProPay
Marcus Smith–Sr. Vice President, Risk Management, iPayment
FinCEN recently amended the Bank Secrecy Act to clarify and strengthen customer due diligence requirements for financial institutions. These new rules have institutions of every kind in the financial industry scrambling to make changes. The rules turned out to be more than expected by including clauses to reinforce existing customer due diligence and enhanced due diligence expectations. If you haven’t already started preparing, you might be behind in the game. So, how will this affect the payments world? Come hear our panel of speakers address the new rule, its main components, obstacles for the industry as well as what they are planning to implement at their organizations..