EAST EPTF holds 14th Meeting

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.

EAST EPTF holds 13th Meeting

The 13th Meeting of the EAST Expert Group on Payment and Transaction Fraud (EPTF) took place on Wednesday 29th June 2022.  It was conducted as a virtual meeting and was chaired by Rui Carvalho, EAST Development Director.

The meeting was attended by 13 key representatives from Card Issuers, International Banks, Law Enforcement, Payment Processors, Payment Services Providers, and Solution Providers.

Europol and the DCPCU provided the law enforcement perspective, and presentations were also made by Cartes Bancaires, Diebold NixdorfHSBCPAN-Nordic Card Association, Payment Services Austra (PSA), SIBsSTMP, TietoEVRY and Trend Micro.  Social engineering linked to authorised push payment (APP) or impersonation fraud is a key area of concern, as is ransomware.

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 35 countries and outputs from the group are presented to EAST Global Congress Meetings.  There are 212 EAST Associate Member Organisations from 52 countries and territories.

EAST EPTF holds 12th Meeting

The 12th Meeting of the EAST Expert Group on Payment and Transaction Fraud (EPTF) took place on Wednesday 13th April 2022.  It was conducted as a virtual meeting and was chaired by Rui Carvalho, EAST Development Director.

The meeting was attended by 17 key representatives from Card Issuers, International Banks, Law Enforcement, Payment Processors, Payment Services Providers, and Solution Providers.

Europol, INTERPOL and the DCPCU provided the law enforcement perspective, and the Ukrainian Interbank Payment Systems Member Association “EMA” gave a keynote presentation on the payments and fraud situation in Ukraine.

Short presentations were also made by Barclays, Cartes Bancaires, Diebold Nixdorf, HSBCING BankPAN-Nordic Card AssociationSIBs, STMP, TietoEVRY and Worldline.  Social engineering linked to non-banking fraud continues to be of concern and Investment Fraud is a rising issue.

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 35 countries and outputs from the group are presented to EAST Global Congress Meetings.  There are 212 EAST Associate Member Organisations from 52 countries and territories.

EAST EPTF holds 11th Meeting

The 11th Meeting of the EAST Expert Group on Payment and Transaction Fraud (EPTF) took place on Wednesday 10th November 2021.  Due to the Covid-19 situation, it was conducted as a virtual meeting and was chaired by Rui Carvalho, EAST Development Director.

The meeting was attended by 17 key representatives from Card Issuers, International Banks, Law Enforcement, Payment Processors and Solution Providers.

Europol, INTERPOL and the Swedish Police provided the law enforcement perspective, and Group-IB presented on the developing Classiscam fraud.

Short presentations were also made by Cartes Bancaires, HSBC, ING BankMasterCard Members’ AssociationPAN-Nordic Card AssociationSIBs, and Trend Micro.  Social engineering linked to non-banking fraud continues to be an issue of concern.

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 35 countries and outputs from the group are presented to EAST Global Congress Meetings.  There are 212 EAST Associate Member Organisations from 52 countries and territories.

EAST Payments Task Force (EPTF) holds Tenth Meeting

The Tenth Meeting of the EAST Payments Task Force (EPTF) took place on Wednesday 7th July 2021.  Due to the Covid-19 situation it was conducted as a virtual meeting and 18 EPTF members participated.

The EPTF is a specialist task force that discusses security issues affecting the payments industry and that gathers, collates and disseminates related information, trends and general statistics.

The meeting was chaired by Mr Rui Carvalho, EAST Development Director, and key representatives from Card Issuers, International Banks, Law Enforcement, Payment Processors and Solution Providers took part.

INTERPOL and Europol provided the law enforcement perspective, and short presentations were also made by Cartes Bancaires, Group-IB, ING Bank, JP Morgan Chase, LINK SchemeMasterCard Members’ AssociationPAN-Nordic Card AssociationPSAPLUSCARDSIBstietoEVRY, Trend Micro and Worldline.  Social engineering linked to non-banking fraud was reported as a rising issue.

The Group, 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.

EAST National & Global Members represent 35 countries and outputs from the group are presented to EAST Global Congress Meetings.  There are 210 EAST Associate Member Organisations from 52 countries and territories.

EAST Payments Task Force (EPTF) holds Ninth Meeting

The Ninth Meeting of the EAST Payments Task Force (EPTF) took place on Wednesday 14th April 2021.  Due to the Covid-19 situation it was conducted as a virtual meeting and 24 EPTF members participated.

The EPTF is a specialist task force that discusses security issues affecting the payments industry and that gathers, collates and disseminates related information, trends and general statistics.

The meeting was chaired by Mr Rui Carvalho, EAST Development Director, and key representatives from Card Issuers, International Banks, Law Enforcement, Payment Processors and Solution Providers took part.

INTERPOLEuropol, the US Secret Service and the DCPCU provided the law enforcement perspective, and Group-IB gave a presentation on e-skimming/JavaScript (JS) sniffers.

Short presentations were also made by Cartes Bancaires, Diebold NixdorfFiducia & GAD, HSBC, JP Morgan Chase, ING BankMasterCard Members’ AssociationPAN-Nordic Card AssociationPSAPLUSCARD, SIBs, STMPtietoEVRY and Trend Micro.  Investment scams and non-banking fraud were reported as rising issues.

The Group, 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.

EAST National & Global Members represent 35 countries and outputs from the group are presented to EAST Global Congress Meetings.  There are 207 EAST Associate Member Organisations from 52 countries and territories.