Koin, a fintech focused on fraud prevention and payment solutions such as Buy Now, Pay Later (BNPL), announces its entry into the Merchant Risk Council (MRC). Meanwhile, Dieter Spangenberg, Chief of Payment and Fraud at Koin, joins the MRC LATAM Board.
The appointment positions the executive as one of the biggest names in the sector and places Koin as a protagonist in the market, with a focus on building a more agile, safe and innovative sector, in addition to consolidating its presence in high-impact strategic forums.
The executive, who has been participating in the entity's initiatives since 2010, highlighted the importance of the moment. "The experience at MRC completely transformed the way I see the payments industry and fraud prevention. MRC promotes high-level debates, redefining how companies face challenges and seize opportunities in these areas, resulting in tangible impacts on operations, with fraud performance up to 5 times better than non-member companies. Now, I have the honor of being part of the Board, a unique opportunity to contribute to the evolution of e-commerce in Latin America, accelerate learning, and drive innovation in our region," he emphasizes.
With approximately 30 million transactions analyzed per year and operations in more than six countries, Koin is a leader in fraud prevention in Latin America. As a member of the MRC Board, the executive will also share the fintech's experiences regarding the digital commerce ecosystem and best practices to prevent fraud and maximize sales conversion.
The MRC is recognized as a strategic center of excellence in fraud prevention, payment processing, and risk management. The association connects e-commerce professionals, solution providers, and brands of various sizes, in addition to being a global reference in innovation and education, promoting best practices for the protection of digital commerce.
“The MRC will be celebrating its 25th anniversary in 2025 and we are delighted to welcome members like Koin, who are able to bring a new approach to the market while preserving the consumer’s freedom to make choices – Koin brings valuable contributions to the eCommerce sector in Latin America,” says Julie Fergerson, CEO and founder of the MRC.
