LiquidNexxus Ltd Facilitating "Payment Risk Forum Beirut 2011" - Payment Card Innovation and Risk in Levant and the Gulf

The Payment Risk Forum 2011 is taking place in Beirut, Lebanon on the 11th and 12th of April will bring banking and payment professionals together to discuss key industry developments.

Dubai, United Arab Emirates, March 24, 2011 --( "Payment Risk Forum Beirut 2011" organised by LiquidNexxus is part of a new initiative focused on addressing key operational issues in the roll-out, deployment, management and security of payment systems. The forum is an indispensable educational and informative source for IT, risk and compliance and security specialists within the financial industry.

The event will gather key players in the banking sector of the Middle East and is promised to be an event of a great scale and relevance. Payments and card experts will discuss developments in electronic and card payment technologies as well as how to mitigate risk, fraud and data compromise occurrences and present, analyse and discuss methods to effectively combat these threats. Attendees will find many myths dispelled and will be equipped with clear and practical guidance to help organisations stay on top of industry regulations, procedures, and trends.

The "Payment Risk Forum – Beirut 2011" focuses on the Middle East and Gulf region with other similar initiatives taking place in selected locations globally throughout this year, including Russia and CIS, Eastern and South Europe, Northern Africa, Southern & East Africa and South America.

“The new dawn and growth of e-Commerce as well as emerging electronic payment methods such as mobile payments poses huge opportunities for growth and increased interaction between consumers and businesses. Card Fraud continues to affect financial institutions and other key stakeholders in the payment card industry. Operational risk remains of key important factor in order to maximise and embrace current challenges and embrace future developments, whilst ever-increasing regulatory pressures are focusing on improving security controls,” said Lucas Allen, Event Chairman and Director of LiquidNexxus Limited.

“Within this context and coupled with the need for efficiency savings in order to maximise ROI organisations must seek new innovative strategies and technologies to ever-changing business and technological demands, at the Payment Risk Forum the objective is to understand how new technology can help businesses become more efficient but also fully understand the risk implications and they can be remedied,” added Mr Allen.

The organiser of the event is LiquidNexxus Limited - a global event, training and technology specialist consultancy focusing on providing knowledge and rising awareness on Governance, Risk, Compliance, IT security and E-payments. LiquidNexxus has been involved in facilitating a number of major industry events in MENA and Gulf Region in the past, including IT GRC Excellence Forum Dubai 2010, Payment Security Forum 2010 Cairo, 2nd Annual AML and Fraud Prevention Conference.

For more information or inquiries contact Kate Guseva +44 207 433 25 43,

Kate Guseva
+44 (0) 20 7433 2543