London, 6 August 2012 – ReD, a leading provider of fraud prevention and payment services, is proud to announce that Kevin J. Sprake, President of ReD’s business in North America, has been elected to serve for a second three-year term on the Global Board of Directors of the Merchant Risk Council. Kevin is one of 10 industry experts contributing to the leadership of this important trade association for electronic commerce and multi-channel merchants. He was re-appointed by merchant members of the association.
The MRC was formed more than 10 years ago, to promote networking, knowledge and information sharing and to act as an advocate for e-Commerce merchants. Today, the association has more than 900 members, representing over 300 member companies across the globe. Kevin Sprake commented: “My re-election to the MRC Board allows me to continue in my support of a fantastic organization dedicated to educating merchants on the necessity of aggressively fighting fraud in the ecommerce market, and on the techniques available to them.”
As well as serving for a further term on the Global Board of Directors, Kevin remains co-chair of the Americas Advisory Board. In Europe, ReD’s Kieran Macey has also been re-elected to the MRC’s European Advisory Board. Kieran is Head of Risk for ReD in EMEA and contributes his knowledge of global fraud prevention strategies and benchmarking in support of the membership.
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 regular webinars.
Blair Cossey, Co-Executive Director of the MRC, commented: “We are fortunate in the leadership and dedication that Kevin brings as a Board Member of the MRC and for the expertise that Kieran contributes to our European activities. It is our pleasure to welcome them both back for another term.
ReD is a world leader in card fraud prevention and payment services. Independent of any card scheme, ReD is present at every stage of the payments value chain, supporting merchants, PSPs, issuers and acquirers, processors and switch networks in the fight against fraud.
As a participating organization on the board of the PCI DSS Security Standards Council, ReD plays a central role in setting standards for the payments industry.
ReD employs some of the world’s leading risk and fraud analysts and gathers data from more than 190 countries. The company serves customers across six continents, from telecommunications, retail, travel, petroleum, banking and broader e-commerce sectors. Customers include Chevron, John Lewis, Shell, T-Mobile, Tesco Mobile and Virgin Mobile.