SOURCE: 41st Parameter

41st Parameter

February 27, 2009 13:49 ET

41st Parameter Presenting at 2009 BITS and FSTC Joint Summit

Financial Services Fraud Prevention Expert, Elazar Katz, to Speak on Reducing Fraud While Improving Efficiency

SCOTTSDALE, AZ--(Marketwire - February 27, 2009) - 41st Parameter® today announced Elazar Katz, Senior Vice President of Enterprise Strategies for Financial Services, has been selected to speak on a panel of industry leaders at the upcoming BITS and FSTC Joint Summit March 3 - 5. Katz will speak on how companies can transform operations; reduce costs and risk, while increasing efficiency.

WHO:

The panel will discuss transforming operations to reduce risk and increase efficiency in Banking and Financial Services and will be moderated by Spence Stephens, Vice President, National Payment Strategy, JPMorgan Chase, and include panelists:

Elazar Katz, 41st Parameter

Scott Volmar, President & CEO, InterComputer

Gary Word, Director, Operations & Technology, Citigroup

WHAT: 2009 BITS and FSTC Joint Summit panel "Transforming Operations: Reducing Cost and Risk While Increasing Efficiency"

WHERE: Hyatt Regency Sarasota, Sarasota, Florida: Salons A, B & H

WHEN: March 4, 2009 from 2:30 p.m. - 3:30 p.m.

Protecting the nation's top financial institutions, 41st Parameter's solutions PhishingNet™, FraudNet for Account Opening, ImageMask™ and leading device ID technology, PCPrint™, detect and link cross-channel fraud including fraudulent account opening, account takeover, phishing, fraud ring activity, check fraud and credit bust out. Utilizing an approach coined Know Your Enemy, 41st Parameter enables the identification of common patterns behind various activities, assembling a full picture of activity across multiple accounts.

About Elazar Katz

Elazar Katz is the Senior Vice President of Enterprise Strategies for Financial Services at 41st Parameter. Mr. Katz is responsible for developing risk management strategies for protecting Financial Services' Internet Estate. Mr. Katz joined 41st Parameter from Unisys, where he created and directed the Active Risk Monitoring Practice. In his role as Director of the Active Risk Monitoring Practice, Mr. Katz specialized in the preventing the commercialization of fraud. He met regularly with bankers worldwide about this topic and brings a global perspective of emerging trends. Mr. Katz also participated in the FSTC Fraud Collaboration Group and is a featured speaker at several industry events, including NACHA Payments 2009 in April.

About 41st Parameter

41st Parameter is the leading provider of Internet Fraud and Cybercrime Intervention solutions, which detect and prevent multi-channel fraud for e-commerce companies, financial institutions and travel services. 41st Parameter offers the only industry proven solutions in the market today not requiring user registration, enrollment, downloads or installations. To learn more about 41st Parameter, visit www.the41st.com.

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Contact Information

  • Contact(s):

    Dave Yohe
    Corporate Marketing
    41st Parameter
    Tel: 480.776.5518
    Email Contact

    Tim Whitman or Tara Mulloy
    Schwartz Communications - PR for 41st Parameter
    Tel: (781) 684-0770
    Email Contact