Discussion Paper

Maintaining a safe environment for payment cards: Examining evolving threats posed by fraud

Abstract: On April 23 and 24, 2008, the Payment Cards Center of the Federal Reserve Bank of Philadelphia and the Electronic Funds Transfer Association jointly hosted \"Maintaining a Safe Environment for Payment Cards: Examining Evolving Threats Posed by Fraud.\" The conference included panels representing four key constituencies: issuers, consumers, merchants/acquirers, and networks. The panelists addressed the nature of payment card fraud in the 21st century. This paper summarizes the highlights from the presentations and the discussions that ensued.

Keywords: Fraud; Payment systems; Credit cards; Debit cards;

Bibliographic Information

Provider: Federal Reserve Bank of Philadelphia

Part of Series: Consumer Finance Institute discussion papers

Publication Date: 2009

Number: 09-01