On February 29^th – March 1^st 2008 BPC Banking Technologies will take part in the Southeast Asian Cross Border Fraud Convention, one of the most important card industry events in Southeast Asia organized by Credit Card Association of the Philippines (CCAP). The convention which will be held at Shangri-La Mactan, Cebu will gather 14 CCAP member banks including Allied Bank, AIG Credit Cards, Bankard, Banco de Oro, Bank of the Philippine Islands, Citibank, East West Bank, HSBC, Metrobank Card Corp, One Card International, PNB, Standard Chartered Bank, Union Bank of the Philippines and SB Cards/Security Bank from the Philippines and other delegates from Southeast Asian Region.

The Convention will focus on card business risk management and fraud control in the region and BPC will contribute to this event as the Platinum Sponsor as the company realizes and supports its highest educational relevance for financial organizations tending to reduce card related fraud costs.

While card usage and transaction volumes continue to grow and financial institutions worldwide more and more suffer from the incidents of fraudulent activity, the Southeast Asian Cross Border Fraud Convention offers to its members and other Southeast Asia financial institutions an outstanding opportunity for exchanging experience and getting up-to-date picture of the modern fraud prevention tools available in the market.

At the Conference Rajan Narayan, Director BPC Asia Pacific Operations will present a speech on fraud costs reduction through the usage of flexible responsive technologies. In his speech Rajan Narayan will provide the general overview of the up-to-date fraud situation in the payment industry, describe latest trends and software products to detect and minimize fraud activities and reveal advantages of fraud combating and prevention methods offered by BPC SmartVista Fraud Prevention and Monitoring Module.

The BPC SmartVista solution provides a comprehensive set of mechanisms, from transaction filtering to user-defined rules technology and neural network based monitoring, to help organizations reduce losses due to lost, stolen, counterfeit or skimmed, never received and other types of card fraud. It combines the advantages of on-line and off-line fraud detection models and enables both card issuers and acquirers to track transactions coming from traditional and emerging delivery channels – ATMs, POS-es, Internet, etc. Thanks to this flexible and parameterized solution financial organizations can maximize their card and e-payments operations profitability and dramatically reduce the fraud transactions number by special prevention and monitoring mechanisms.