The fraud subcommittee is attended by anti-fraud practitioners and seeks to:

  • Provide a forum for discussion of the latest trends in payment and e-money related fraud, to exchange information to counter and detect the risk of fraud
  • Understand developments relating to IT security the impact of online threats on payments. It maintains a watching brief on fraud  conducted by phishing, malware, and fraud through social engineering
  • Review law enforcement case studies
  • Maintain and share typologies of fraud that are experienced by members