News release

Date: 26th February 2008

Alaric International’s Martin Hewgill To Head Up Debate on Fraud Prevention at Prepaid Card Expo 2008

Alaric Head of Marketing to Lead Key Session at World’s Largest Prepaid Card Conference and Exhibition

London, England – February 26th, 2008 - Alaric International, a leading supplier of advanced technology solutions for the card payments industry, today announced that Alaric’s Head of Marketing Martin Hewgill will lead a key panel session on fraud prevention at Prepaid Card Expo 2008 – the world’s largest gathering of prepaid, stored value and emerging card payments professionals (Las Vegas, 3-5 March 2008). Hewgill will be heading a panel of leading industry experts in a discussion on ‘Practical approaches to mitigating risk and fraud issues through advanced monitoring, detection and data collection practices’. The session, which will take place on Tuesday 4th March from 2:00 – 2:50pm, will explore fraud risk challenges in the retail prepaid value chain – within both closed and open loop systems – and examine strategies for mitigating fraud risk and implementing best practices and technologies for effective detection and prevention.

The session is being given as part of a specialist Risk Management, Legal and Regulatory conference track incorporated into this year’s conference programme, with sessions dedicated to fraud detection, interchange trends and card security. Alaric International will also be exhibiting at the show (Stand no. 431) showcasing its full range of high-performance, future-proof card payment products, including the award-winning Fractals payment card risk management and fraud detection system.

“The industry has recognised that complacency about fraud and anti-money laundering is not an option for prepaid portfolios,” comments Hewgill. “This session will provide a compelling insight into how organisations can determine points of weakness or vulnerability, and what proactive steps they can take to drive down or avoid fraud in this fast expanding business.”
Members of the media interested in scheduling a briefing with Alaric at the event can do so by contacting Nicky Davis at nicky[at]evokedset.com.

For more information about Prepaid Card Expo, please visit:
http://www.iirusa.com/prepaidcardexpo/eventhome/21858.xml

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About Alaric
Headquartered in London, Alaric is a leading supplier of advanced technology solutions for the card payments industry. Alaric offers java based solutions for card payments authorization and switching, fraud detection and prevention, risk management and payment systems integration. Alaric’s customers include First Data International, Swisscard, Cornèr Banca and Yorkshire Building Society. Alaric's product set was launched in 2001. Being written in Java, the solutions are fully portable while scalable to meet the needs of the smallest through the largest institution. Alaric's success is a result of its dedicated focus on the payments industry together with a clear recognition of the need to collaborate with partners.

For further information, please visit us at www.alaric.com

Press contact:
Nicky Davis
EvokedSet PR for Alaric International
Tel: +44 7747 017654
Email: alaric@evokedset.com

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