Market Practices & Regulatory Guidance
Expert Group on Payment Fraud-related Topics
Money travels fast and fraudsters operate in real time. Fraud-fighting tools not only have to be fast but should also be able to follow fraud across borders and allow relevant parties to join forces. To support industry efforts in this area, the Euro Banking Association (EBA) launched the Expert Group on Payment Fraud-related Topics (EGPF) in 2020 to consider a pan-European fraud intelligence approach.
EBA Fraud Taxonomy: a pan-European approach to payment fraud categorisation
In the EGPF, fraud experts from all around Europe developed the EBA Fraud Taxonomy, providing the first pan-European approach to payment fraud categorisation.
The taxonomy consists in a simplified and straightforward framework to describe fraud scenarios related to all kinds of payments, including card transactions.
It equips fraud fighters with a harmonised vocabulary and categorisation approach for naming and organising fraud types for payments. This makes fraud data and intelligence comparable and, consequently, improves the quality of fraud monitoring, reporting, information sharing and customer education.
The fraud taxonomy supports the ongoing shift towards coordinated, pan-European fraud-fighting, e.g. by enabling Payment Service Providers to classify in a consistent way any data that may be shared through information-sharing arrangements under the forthcoming Payment Services Regulation.
The EBA Fraud Taxonomy by the Euro Banking Association is licensed under a Creative Commons Attribution 4.0 International Public License (CC BY 4.0 license).
Version 7.0 (June 2026) of the EBA Fraud Taxonomy can be requested here.
Change cycle 2026/2027 applicable to the EBA Fraud Taxonomy
The EBA Fraud Taxonomy is reviewed on an annual basis with the support of fraud fighters from financial institutions across Europe. This formal change request process helps to ensure the taxonomy continues to fit the changing needs of fraud experts in Europe and beyond. Details on the annual review and updating process are set out in chapter 12 of the EBA Fraud Taxonomy.
In October 2026, the EBA launched the change cycle 2026/2027 with a call for change requests. To submit a change request, please refer to the change request form available for download below.
EBA Fraud Taxonomy version 7.0
EBA Fraud Taxonomy Change Request Form
Terms of Reference for the Expert Group on Payment Fraud-related Topicsl