News from the Wire

ReD exec reappointed to MRC's European Advisory Board

Wednesday, July 30, 2014 — 13:40:14 (EDT)

London, July 28, 2014 -- ReD, a leading global provider of fraud prevention and payment services, today announced that Ronan Le Mestre, Head of Risk EMEA at ReD, has been re-appointed to the European Advisory Board (EAB) of the Merchant Risk Council (MRC) for another two-year term. Le Mestre will be one of 14 industry experts contributing time and expertise to guiding programmes and member activities for the MRC’s European region.

The Merchant Risk Council supports and promotes operational excellence for fraud, payments and risk professionals within ecommerce through networking, education, benchmarking and advocacy opportunities. The MRC’s membership includes nearly 400 of the world’s most prominent merchants and more than 50 category leading solution providers.

Ronan Le Mestre commented: “As the ecommerce community adapts to meet consumer demand for a smooth and fast shopping experience - while providing new, secure payment methods in an

omni-channel environment - fraud and risk management challenges continue to grow and evolve. I am proud to be continuing my work with the MRC to assist in guiding merchants through the ever-changing minefield of fraud prevention while enabling business growth.”

Nicolas Vedrenne, Managing Director, MRC Europe, added: “We are delighted to welcome Ronan to the EAB for another term. He has already made a valuable contribution to the Board and to the Benchmarking Committee on which he also serves, and we are pleased to retain his knowledge and expertise in support of our European programmes.”

ReD was one of the MRC’s founding member companies and the company is an active supporter of the association, sharing its fraud prevention expertise at US and European conferences and through webinars.

About ReD

ReD is a world leader in fraud prevention. Our solutions are present at every stage of the payments value chain, supporting merchants, PSPs, issuers and acquirers, processors and switch networks in the fight against fraud.

ReD is different. We are flexible and independent of any card scheme. We protect billions of transactions across multiple channels and payment types. Our proprietary technology is underpinned by world-class fraud and risk analysts and pooled data from more than 190 countries. Each customer receives a tailored, responsive and highly effective solution with day-to-day support from a dedicated, expert analyst.

ReD serves customers from multiple sectors and across six continents from offices in Australia, China, Dubai, South Africa, the United Kingdom and the United States, and through partners around the globe. For more information, visit www.redworldwide.com .

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Source: Company press release.