The First Meeting of the EAST Payments Task Force (EPTF) took place on Wednesday 19th April 2017 at the Banking and Payments Federation Ireland (BPFI) in Dublin.
The purpose of the EPTF is to provide a specialist task force for discussion of security issues affecting payments and transactions and for the gathering,collation and dissemination of related information, trends and statistics.
The meeting was chaired by Mr Rui Carvalho and was attended by key representatives from card issuers and payment processors.
The EPTF will take the following actions covering payments:
- Explore, inter alia, potential improvements in security and other issues affecting payments and transactions
- Engage with payment and transaction stakeholders on the impact of regulations
- Establish what payment industry information (trends / general statistics) is currently available and what gaps the EPTF can cover through the collection of data from EAST’s extensive membership network (National and Associate).
- Through Payment Updates, share information on trends and issues affecting payments and transactions.
Mr Carvalho will give a presentation on the EPTF and where it is heading at this year’s EAST Financial Crime & Security Forum (EAST FCS 2017).