This was the first year for the Fraudzy Team at the Merchant Risk Council conference in Las Vegas. We’ve been to many conferences in Las Vegas and even worldwide, but we were overly impressed with the show that the MRC team put on. In true Vegas fashion, the show was great and left us wanting more.
MRC Vegas was hosted at the Aria Resort, MGM’s nicest property on “The Strip”, sitting in the heart of City Center, between the Vdara and Mandarin Oriental properties.
We were fortunate to speak with nearly all of the 60 exhibitors showcasing their products in the exhibit hall, since where else can you talk to this many companies knowledgeable about issues impacting the fraud industry? Companies were eager to show off their goods and explain why their service was better than the booth next to them. While you could feel the competition between industry rivals, every attendee I encountered was extremely professional and courteous. It was clear that the general feeling is that the industry is healthy enough to support competition in a beneficial way that leads to new technologies and better solutions.
“Account Takeover” fraud seemed to be the leading issue causing headaches for attendees. While this type of fraud is certainly not new, data breaches and privacy leaks have made it easier for criminals to takeover accounts by using personal information.
Notable speakers at the event included Shana Goldberg from Groupon, Peter Martin from Google, Peter Valle from Microsoft and other great speeches by members of the FBI, Dropbox, J.P. Morgan, T-Mobile, Ticketmaster, and Uber.
We are already looking forward to MRC’s future events. MRC’s European Spring Conference is just around the corner at the Dublin Convention Centre in Ireland, May 14th – 16th. The Vegas conference shall return as planned in 2019, March 18th – 21st. As the industry is always changing with new issues to tackle and new techniques to manage fraud, we are sure the future events will be even more insightful in the ongoing battle against fraud.