EBA - EFRI identifies financial crime enablers to curb cyberfraud

EU must urgently enact PSD3 and PSR to address Payment Fraud

EBA finally sounded the alarm in April 2024: In its latest Opinion on new types of payment fraud and possible mitigations (EBA-Op-2024-01), the European Banking Authority (EBA) came to the concluston that despite regulatory advancements and improved security frameworks, payment fraud remains a fast-evolving and deeply concerning threat within the

April 15, 2025 No Comments

EBA has finally to do a proper job!

In preparing the civil legal claims against PAYVISION B.V., we dig deeply into the criminal files for Option888 and the Wolf of Sofia. We learn a lot about how these fraudulent schemes work. In addition, we also know a lot about the enablers of these enormous fraudulent activities. Unscrupulous regulated

January 30, 2022 No Comments

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EFRI is the abbreviation for European Funds Recovery Initiative. The legal entity behind this Initiative is a not-for-profit organisation (EFRI-Association) registered in Vienna, Austria. Here you can Read More ABOUT US.

Since 31 March 2025, EFRI is a qualified entity under the Austrian "Qualifizierte Einrichtungen Gesetz" (QEG) for cross-country procedures (see Decision on the Qualification and the Austrian Registry). EFRI is also accordingly listed in the European Registry.