Visa. Inc will be hosting the first sub-regional Risk Executive Council (REC) meeting for the Middle East and North Africa in Dubai this week. The REC meeting provides payment risk professionals with a forum to discuss and exchange ideas on fraud and security.
The two-day meeting will involve senior management from risk and business factions at Visa as well as its clients from across the region, including government regulators. Participants will be provided with the latest information on risk trends and issues along with an update from Visa on the company’s security initiatives that are helping to minimise fraud in the payment system, including data security compliance programmes and Visa Risk Management tools.
“The sub-regional REC meeting is one of the many ways Visa is working with our partners to address the ongoing issue of security and fraud. It is an ongoing issue here and across the world and we need to work together as an industry to improve data security and to minimize fraud. Visa leads the industry in developing solutions to issues around fraud and security and our multi-layer approach to security means we can help clients them identify and address their own vulnerabilities,” said Ellen Richey, Chief Enterprise Officer at Visa Inc.
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