SOURCE: Merchant Risk Council
March 23, 2011 15:00 ET
MRC Announces METAwards Winner at 2011 e-Commerce Payments and Risk Conference
SEATTLE, WA--(Marketwire - March 23, 2011) - The Merchant Risk Council (MRC), a global, merchant-led trade association focused on electronic commerce payments and risk, has announced the winner of the first annual MRC Emerging Technology Awards, or METAwards.
Announced at the MRC's Annual e-Commerce Payments and Risk Conference on March 23rd in Las Vegas, Silver Tail Systems proudly accepted the award for the most innovative payment, fraud and security tool in electronic commerce, as judged by a diverse panel of online and multi-channel merchants.
The MRC and its media partner for 2011, Digital Transactions Magazine, launched the METAwards to recognize solution providers delivering the most innovative, cutting edge technology for managing payments and risk in electronic commerce.
"We wanted to provide an opportunity for our members to learn about technology and solutions they may not have otherwise been exposed to, and also to introduce these pioneering companies to the MRC," said Tom Donlea, MRC Executive Director. "Ultimately, the MRC is at its best when it acts as a cross-pollinator for the leaders of e-Commerce payments and risk," Donlea explained, "helping to provide members with the information and tools they need to succeed, while furthering our mission of making e-Commerce more efficient, safe, and profitable for everyone."
Each contestant's product was judged for its level of innovation; potential to make a positive impact in the industry; relevance in making e-Commerce more efficient, safe, and profitable; ease of use; and how versatile the product is for merchants of different e-Commerce verticals.
"There are a lot of worthy solution providers out there," said Eric Bozinny of Microsoft, merchant Chair of the judging panel, "and we wanted to highlight the most innovative technology in the business." Silver Tail Systems took home the prize this year for its Silver Tail Systems Forensics product.
"The competition was fierce and we received a lot of very strong applicants," Bozinny added. "In the end, Silver Tail Systems was judged to be at the top and we congratulate them. They've set the bar, and we can't wait to see what new innovations next year's contestants will bring."
The Merchant Risk Council leads industry networking, education, benchmarking and advocacy programs designed to make electronic commerce more efficient, safe and profitable. Today, with the power of its member-base, the MRC is the leading trade association for managing payments, preventing online fraud and promoting secure e-Commerce.