CCAvenue

CCAvenue continues to be on a roll at the award ceremonies with yet another remarkable win at the ERM World Awards 2019, organized by Transformance Forums. The reputed payment aggregator was honored with the 'Risk Management Team of the Year' accolade at the award function held on 13th June, 2019 at The Westin Garden City, Mumbai. Ms. Smita Shetkar, Chief Risk Officer, accepted the award on behalf of Infibeam Avenues Ltd. which is the parent entity of CCAvenue.

The award ceremony was part of the ERM World Summit & Awards 2019. A major objective of this Summit is to offer benefits to business executives and board level directors belonging to various functional areas such as risk, finance, ethics, compliance, audit, legal, corporate responsibility, and procurement. The awards ceremony felicitates the individuals and teams achieving excellence in these fields.

This 'Risk Management Team of the Year' award is presented annually to mark the best collective achievement in risk mitigation teamwork across organizations. Contenders need to demonstrate those ideas and efforts that individual team members have contributed towards an overall risk initiative.

The CCAvenue Risk team achieves a high level of efficiency wrapped with efficacy to deliver optimum results. CCAvenue follows best-in-class business processes for risk mitigation which prevent losses due to frauds that are otherwise common in the digital world. Thanks to its world-class risk mitigation unit, merchants and their customers find CCAvenue as a highly secure and reliable payment gateway despite processing nearly a million transactions daily.

The Chief Risk Officer at Infibeam Avenues, Ms. Smita Shetkar stated "Infibeam Avenues has an unwavering commitment to maintain optimum standards of information security, confidentiality, integrity and data accessibility. We at CCAvenue feel proud to receive this prestigious award in recognition for our efforts and achievements in the field of Risk Management." She further added that this award will motivate the organization to continue managing risk and ensuring safety thereby creating a secure payment environment for Indian ecommerce.