The Fourth Meeting of the EAST Payments Task Force (EPTF) took place on Thursday 22nd November 2018 at the Banking & Payments Federation Ireland (BPFI) in Dublin.
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 EPTF has recently published Payment Fraud Terminology and Payment Fraud Definitions. The aim is for the payment fraud terminology, and related payment fraud definitions, to be adopted globally when describing or reporting payment and transaction fraud.
The meeting was chaired by Mr Rui Carvalho, EAST Development Director, and was attended by key representatives from Card Issuers, Law Enforcement, Payment Processors, Payment Providers and Solution Providers.
Presentations or updates were given by BANCOMAT S.p.A, BPFI, Diebold Nixdorf, EURO Kartensysteme GmbH, Europol, INTERPOL, PayLife, PayPal, Trend Micro, Visa Europe.
The Group, which meets twice a year, adds value to the payments industry by using the unique and extensive EAST National Member platform and Associate Member network to provide information and outputs that are not currently available elsewhere. EAST National Members represent 35 countries and outputs from the group are presented to National Member Meetings. There are 202 EAST Associate Member Organisations from 52 countries and territories.
EAST Development Director Rui Carvalho (pictured second from the right with Cristian Patti, Fernanda Romero and Oscar Castellano of ATEFI) presented an overview of Terminal Related Fraud and Transaction Fraud in Europe at the fourth Annual Latin American Forum on Security in Payment Systems, held on 24th / 25th October 2018 in Buenos Aires, Argentina.
The event was organised by ATEFI in order to raise awareness of payment-related crime in Latin America. It focused on physical attacks and cyber threats to electronic payment systems in the region. Over 180 people attended from:
- Ministry of Security of the Province of Buenos Aires
- Argentine Federal Police
- Argentine Federal Administration of Public Revenues (AFIP)
- Central Bank of the Argentine Republic (BCRA)
- Compensating Chamber of the Argentine Republic (COELSA)
- Office of the Prosecutor of the Government of the Province of Buenos Aires
- Ministry of the Interior of Uruguay
- European Association for Secure Transactions (EAST)
- 12 ATEFI Member Networks from 10 regional countries: Brazil, Chile, Uruguay, Paraguay, Panama, Honduras, Guatemala, Ecuador, Colombia, Argentina
- 22 Banks
- Association of Banks of Argentina
- Payment Card Schemes
- Specialist Media Representatives
ATEFI is the Latin American Association of Operators Electronic Funds Transfer and Information Services and represents 20 ATM networks in 14 countries throughout Latin America.
In May 2016 EAST and ATEFI joined forces in order to further strengthen cross border cooperation in combating all types of payment crime including payment card fraud, hi-tech crime and ATM cyber and physical attacks.