Nestor Announces Participation At the Economic Crime Summit and Electronic Commerce World; Company to Discuss eCommerce Trends, Risk and Fraud Control & Decisioning.Business/Technology Editors PROVIDENCE, R.I.--(BUSINESS WIRE)--Feb. 20, 2001 Nestor, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :NEST) today announced the Company's participation at the Electronic Crime Summit. Hosted by the National White Collar Crime white collar crime n. a generic term for crimes involving commercial fraud, cheating consumers, swindles, insider trading on the stock market, embezzlement and other forms of dishonest business schemes. Center, the conference will be held at the Regal Biltmore Hotel Biltmore Hotel is the name of a hotel chain created by hotel magnate John McEntee Bowman. The name evokes the Vanderbilt family's Biltmore Estate, whose buildings and gardens within are privately owned historical landmarks and tourist attractions in Asheville, North in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , California, May 6-9, 2001. The conference will consist of thirty sessions, hosted by high-profile fraud experts participating in five special interest tracks, including academia and research, corporations and businesses, Internet fraud A crime in which the perpetrator develops a scheme using one or more elements of the Internet to deprive a person of property or any interest, estate, or right by a false representation of a matter of fact, whether by providing misleading information or by concealment of , public sector investigation, and victim services. Sponsors of this event include, Visa U.S.A., Nexus Risk Solutions, ChoicePoint, Merrill Lynch Merrill Lynch & Co., Inc. (NYSE: MER TYO: 8675 ), through its subsidiaries and affiliates, provides capital markets services, investment banking and advisory services, wealth management, asset management, insurance, banking and related products and services on a global basis. , Paine Webber, CyberSource and the Internet Fraud Council. Sushmito Ghosh, President, NestorCommerce, will participate as a panelist in the eCommerce Fraud and Possible Solutions session in the Corporations and Businesses track. Mr. Ghosh will be in a panel alongside such key players as Tom Arnold, Chief Technology Officer, CyberSource, Pete Bray, Vice-President, Financial Services at Arcot Systems, Inc. and Paul Fichtman, President, The Internet Clearinghouse. This panel discussion will offer insights into the fraud trends effecting eCommerce and the latest solutions available for fighting these developments. Nestor will also be taking part in the Electronic Commerce World 2001 Spring Conference & Exhibit. Hosted by EC Media Group, a Thomson Financial Thomson Financial A major provider of information, analytical tools, and consulting services to the financial community. The firm, a division of Thomson Corporation, is best known to investors for its First Call segment, which publishes consensus earnings Media company, the expo will take place at the Santa Clara Convention Center in Santa Clara, California Santa Clara, California (IPA: /ˌsæntəˈklærə/) , founded in 1777 and incorporated in 1852, is a city in Santa Clara County, in the U.S. state of California. , May 29 to June 1st, 2001. The focus of the event is "Fast Forward Your eBusiness Future" and will showcase the ideas, innovations, products and services that can speed the development and growth of the organization's eBusiness enterprise. Mr. Ghosh will also be participating in this event, delivering an informative, all-encompassing presentation entitled: Fraud Control and eCommerce Payments. Mr. Ghosh will explore the cutting-edge tools and real-time online fraud control strategies favored by leading financial services companies and e-merchants. The presentation will compare and contrast the various security and fraud detection methods and technologies available today, and will highlight some of the predictive solutions that can help e-businesses control fraud and maximize their bottom-line profitability. About NestorCommerce NestorCommerce is a division of Nestor, Inc., a leading provider of intelligent decision-support solutions for the financial services and e-commerce industries. Nestor's client/server products incorporate innovative pattern-recognition technologies ideally suited for data-intensive, real-time decision applications. The company's products provide predictive fraud detection and case management for e-commerce fraud, credit, debit, retail and commercial card fraud, as well as merchant fraud, money laundering The process of taking the proceeds of criminal activity and making them appear legal. Laundering allows criminals to transform illegally obtained gain into seemingly legitimate funds. and customer relationship management. Nestor products are sold direct and by selected partners worldwide. Through its affiliate, Nestor Traffic Systems, Inc., the company also applies its technologies to a suite of video-based intelligent transportation systems that promote enhanced traffic management and improved safety. For more information, call 401-331-9640 or visit www.nestor.com. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion