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On the 4th June the plenary meeting
of the European Payments Council endorsed the findings and recommendation
of the Card Working Group.
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During the plenary meeting held on the 4th June 2003 the
European Payments Council endorsed the Findings and the 8 Recommendations
of the Card Working Group. (See
CB MAG n°18).
The Cards Working Group is particularly focused on the fight against
fraud through the support for the migration of the European bankcards
to chip cards.
The principle Recommendation adopted at the meeting: the necessity
for harmonisation throughout European in terms of security and the
combat against fraud, and the different points of acceptation and
networks in the Single Payment Area.
Continuing in this vein, the Card Fraud Prevention Task Force chaired
by Cédric Sarazin, Director Business and Strategy at Cartes
Bancaires, will hold a two day Forum entitled "Fighting Card
Fraud Across Europe" on the 8th and 9th October
in Paris, in which experts from Governments, Law Enforcement Agencies,
Retailers, Payment Card Schemes and Banks will participate. |
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