Posts by Samia Singh
EBA Board Report 2023
Download the Report of the Board to learn more about the EBA’s activities in 2023. Download report
Read MoreEBA stocktaking survey on cross-border payment initiatives
Euro Banking Association issues updated version 5.0 of the EBA Fraud Taxonomy capturing latest trends in payment fraud
The Euro Banking Association (EBA) today issued version 5.0 of the EBA Fraud Taxonomy, which will take effect on 1 January 2025. The taxonomy offers a common pan-European vocabulary and categorisation approach to describe fraud scenarios related to all kinds of payments, including card transactions. It has been developed by the Association’s Expert Group on…
Read MoreEuro Banking Association issues updated version 5.0 of the EBA Fraud Taxonomy capturing latest trends in payment fraud
The Euro Banking Association (EBA) today issued version 5.0 of the EBA Fraud Taxonomy, which will take effect on 1 January 2025. The taxonomy offers a common pan-European vocabulary and categorisation approach to describe fraud scenarios related to all kinds of payments, including card transactions. It has been developed by the Association’s Expert Group on…
Read MoreEBA Board Report 2023
What’s cooking?
For 2024, the EBA members had prioritised four core topics: Instant payments: not surprisingly, our members identified the practical impact of the upcoming Instant Payments Regulation as a top priority for 2024. The scaling-up of instant payment volumes will require many changes, some of which can only be addressed collectively. Open Finance: as future regulation…
Read MoreEuro Banking Association publishes paper on identification of Politically Exposed Persons (PEPs)
The Euro Banking Association published recommendations aimed at improving Know Your Customer (KYC) practices in the corporate-to-bank domain across Europe with regard to the identification and handling of Politically Exposed Persons (PEPs), their family members and close associates. The new publication by the EBA Expert Group on KYC-related Topics (KYCEG) titled “EBA CBCS – Identification…
Read MoreEuro Banking Association publishes paper on identification of Politically Exposed Persons (PEPs)
The Euro Banking Association (EBA) announced today the publication of recommendations aimed at improving Know Your Customer (KYC) practices in the corporate-to-bank domain across Europe with regard to the identification and handling of Politically Exposed Persons (PEPs), their family members and close associates. The new publication by the EBA Expert Group on KYC-related Topics (KYCEG)…
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