Aiming to enhance collaboration in the fight against financial fraud.
Highlights:
- EPC issues a Request for Information for a fraud sharing platform.
- The move aims to strengthen collaboration among banks against fraud.
- Key stakeholders are encouraged to participate in the RFI process.
The European Payments Council (EPC) has launched a Request for Information (RFI) for a new Fraud Information Sharing Platform. This initiative is designed to facilitate better collaboration among financial institutions in combating fraud.
The goal of the platform is to create a secure environment where banks can share crucial fraud-related information, thereby enhancing their ability to detect and prevent fraudulent activities.
EPC is inviting participation from various stakeholders, including banks and financial service providers, to contribute their insights and requirements for the platform’s development.
This move underscores the urgent need for cohesive strategies in the banking sector to address increasing fraud challenges.
