MRC Opens Chapter in Europe

Aug. 2, 2010

The Merchant Risk Council (MRC), a trade association focused on e-commerce risk and payments, recently announced the opening of the MRC Europe office in Madrid. The MRC named Nicolas Vedrenne managing director for Europe. “MRC Europe is a natural extension of the successful programs the MRC has offered in North America,” says Vedrenne. “On one hand, European online merchants face many of the same fraud issues, security risks and payment challenges that U.S. merchants face. On the other hand, there are many nuances between the two continents, and the MRC is adapting to best serve the specific needs of the European merchant community. Merchants throughout Europe are very eager to begin a cross-Atlantic collaboration to better fight globally-organized online payment fraud.” MRC Europe will hold its first conference Sept. 1-3.