The European Banking Authority published a Discussion Paper on its preliminary observations on selected payment fraud data under the Payment Services Directive (PSD2).
- The EBA has analysed payment fraud data reported by the industry and subsequently aggregated by national authorities covering the years 2019 and 2020.
- This Discussion Paper provides an overview of the preliminary patterns observed across a number of different payment instruments, including some inconclusive patterns, which require additional analysis.
- The EBA invited stakeholders to respond to the questions asked in the Discussion Paper.
Following the EBA invite for input, OBE wanted to discuss this with the Members. During March’s roundtable OBE presented the document and discuss the issues around fraud that currently exist.