EAST EPTF

The 14th Meeting of the EAST Expert Group on Payment and Transaction Fraud (EPTF) took place on Wednesday 9th November 2022.  It was conducted as a virtual meeting and was chaired by Rui Carvalho, EAST Development Director.

The meeting was attended by 14 key representatives from Card Issuers, International Banks, Law Enforcement, Payment Processors, Payment Services Providers, and Solution Providers.

Europol and provided the law enforcement perspective, and presentations were also made by Cartes Bancaires, Diebold NixdorfDutch Banking Association, Group-IB, PAN-Nordic Card AssociationPayment Services Austra (PSA), PLUSCARD, SIBs, TietoEVRY and Worldline.  Social engineering remains a key concern, as does Card Not Present (CNP) fraud outside Europe.  Contactless fraud is a rising issue, as is mobile wallet fraud.

EAST EPTF, which meets three times a year, adds value to the payments industry by using the unique and extensive EAST National Member and EAST Global Member platforms, and the Associate Member network, to provide information and outputs that are not currently available elsewhere.  It is a is a specialist group that discusses security issues affecting the payments industry and that gathers, collates, and disseminates related information, trends and general statistics.

EAST National & Global Members represent 34 countries and outputs from the group are presented to EAST Global Congress Meetings.  There are 216 EAST Associate Member Organisations from 52 countries and territories.