European Banking Federation

Payment fraud poses a significant societal and economic threat, with billions of euros lost to criminal activity each year. While the banking sector has led efforts against constantly evolving scams, addressing this issue effectively requires a collaborative approach.   Join us on November 5 as representatives from the banks, telecoms, tech and civil society come together to discuss how to address fraud in the payment ecosystem.   Limited seats available, register here to secure your spot: https://lnkd.in/eEzEG_pv

Artificial intelligence holds immense transformative potential for the banking sector, reshaping financial services and driving digital innovation. But as #AI opens doors, it also presents new challenges that need careful navigation to ensure secure and beneficial outcomes for all. On 14 November, the EBF, in partnership with EY will host an online event exploring AI’s role in banking. Join us to discuss how AI can enhance digital financial services, address key challenges, and understand the critical role of policy in fostering innovation and security. Register today to hear from AI experts, EU policymakers, and industry leaders! https://lnkd.in/drQ5AD7k

Spoofed bank websites look nearly identical to their legitimate counterparts. Such websites will often feature a pop-up window asking you to enter your bank credentials. Real banks don't use such windows.    Here's how you can protect yourself:  🚫 Never click on links included in emails leading to your bank’s website  🛑 Always type the link manually   ✔ Use a browser that allows you to block pop-up windows  ❗ If something important really needs your attention, you will be alerted about it by your bank     #CyberSecMonth #Phishing #CyberSecurity #StayAlert 

As part of the "Unmasking the Payment Fraud Ecosystem: Best Practices & Collaboration" event, taking place on Tuesday, 5 November at the EBF Premises in Brussels, we are excited to feature Romano Stasi, Founder and Director at CERTFin - CERT Finanziario Italiano, Jarosław Biegański, PhD, Deputy Director, Banking Security Department from the Polish Bank Association, and Jérôme Raguénès, Director of Digital, Payments, and Operational Resilience at the FBF, on the panel "The Fight Against Fraud – Part II", moderated by Christophe Bonte, Senior Policy Adviser in Payments & Innovation, European Banking Federation.   With the recent Payment Services Regulation (PSR) proposal in focus, this panel will look into strategies for fraud prevention and the importance of enhanced collaboration across sectors to safeguard citizens.  Their dedication to empowering people and preventing fraud makes this session essential for anyone committed to securing the future of payments.   🖇️ For more information on speakers, the agenda, and registration details, visit:  https://lnkd.in/eEzEG_pv

Romance scams commonly take place on online dating websites, but scammers often use social media or email to make contact.     What are the signs?   💔 Someone you have recently met online professes strong feelings for you, asking to chat privately.   💔 Their messages are often poorly written and vague.   💔 Their online profile is not consistent with what they tell you.   💔 They may also ask you to send intimate pictures or videos of yourself.   💔 They patiently wait to gain your trust, sometimes waiting up to weeks or months.   💔 Then they tell you an elaborate story and ask you for money, gifts or your bank account/credit card details.   💔 If you don’t send money, they may try to blackmail you. If you do send money, they will ask for more.   💔 They will always have an excuse to justify their webcam is not working, being unable to travel to meet you and why they always need more money.    If you think you have been a victim of a romance scam, do not feel ashamed or embarrassed - you are not alone.     #CyberSecMonth #RomanceScam #CyberSecurity #StayAlert 

We’re excited to highlight one of the key sessions of the "Unmasking the Payment Fraud Ecosystem: Best Practices & Collaboration" event.     On Tuesday, 5 November at the EBF Premises in Brussels, Sébastien de Brouwer, EBF’s Deputy Chief Executive Officer, will engage in a compelling interview with Eric Ducoulombier, Head of Unit at DG FISMA, European Commission. The panel, titled "The Policy Side: An Interview with Eric Ducoulombier", will dive deep into the critical role of policy in addressing the surge of fraud in authorized payments.    If you’re interested in the future of secure payments and fraud prevention, don’t miss this opportunity to gain valuable insights from one of Europe’s leading policymakers driving change in the payments ecosystem.     🖇️ For more information and registration details, visit: https://lnkd.in/eEzEG_pv 

€2.0 billion lost in just six months. That’s the scale of the payment fraud challenge in Europe. As fraud tactics become more sophisticated, it's more critical than ever for industry leaders to come together and collaborate. On November 5, join us at the premises of the European Banking Federation in Brussels for the "Unmasking the Payment Fraud Ecosystem" event to learn from banking leaders, regulators, and consumer advocates as they discuss how we can fight back against fraud and reduce these staggering losses. 🖇️ For more information on speakers, the agenda, and registration details, visit: https://lnkd.in/eEzEG_pv

As part of the "Unmasking the Payment Fraud Ecosystem: Best Practices & Collaboration" event, taking place on Tuesday, 5 November at the EBF Premises in Brussels, we are excited to feature Nicola Sadlier, Head of Fraud at Bank of Ireland, Vassilis Panagiotidis, Senior Director at Hellenic Bank Association, and Peter Göransson, Senior Adviser at the Swedish Bankers’ Association, on the panel "The Fight Against Fraud – Part I", moderated by Alexandra Maniati, Senior Director of Innovation & Cybersecurity at European Banking Federation.    In light of the recent Payment Services Regulation (PSR) proposal, our experts will explore best practices and the urgent need for broader collaboration across industries to protect citizens.     Their collective advocacy in preventing fraud and empowering citizens makes this a must-attend session for anyone invested in the future of secure payments.     Don't miss the opportunity to hear from those at the forefront of the fight against fraud!    🖇️ For more information and registration details, visit: https://lnkd.in/eEzEG_pv 

⚠ Money mules are often used by criminals to launder illegal funds. Don't get caught in the trap. If you're offered a commission to transfer money, don’t respond. Instead:  🛑 Keep evidence of any suspicious offers.  🛑 Report the incident to your bank and the police.  EBF and Europol are working to keep you informed and safe this #CyberSecMonth. #DontBeAMule #StayAlert #OnlineSafety 

We are excited to announce that Jorge Rosal Cosano, Team Leader at the European Cybercrime Centre (EC3), Europol, will be one of the key speakers at the "Unmasking the Payment Fraud Ecosystem: Best Practices & Collaboration" event, taking place on Tuesday, 5 November, at EBF Premises in Brussels.    His presentation, titled "Fraud in Payments: Latest Trends", will provide valuable insights into the evolving tactics used by cybercriminals and how law enforcement agencies are working closely with the banking sector to combat these threats.    With the rise in fraud targeting authorized payments, this event comes at a critical time. It will emphasize the need for more collaborative and comprehensive approaches, involving not only banks but also law enforcement and other key stakeholders. Join us to hear from Jorge Rosal Cosano and other industry leaders as they explore best practices for safeguarding citizens and creating a more secure payment ecosystem.    🖇️ For more information and registration details, visit: https://lnkd.in/eEzEG_pv