Payment Service Regulation - 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

How the EU plans to tackle payment fraud!

The payments landscape has undergone significant changes over the past decade. The changes have been mainly driven by fast-paced technological advancements. Digital payments in the EU have steadily increased, reaching a value of EUR 240 trillion in 2021 (compared to EUR 184.2 trillion in 2017). This trend has been accelerated

July 1, 2024 No Comments

Quick Link

Latest Reports

Donate Here

[email protected]

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.