Merchant’s Acquirer/Processor
Merchant acquirers/processors may offer fraud and risk management services directly to merchants or through a third party relationship.
Information Sharing Data Sources
One of the work streams the Secure Payments Task Force focused on was working to improve the awareness and implementation of cybersecurity and fraud information sharing among U.S. payment industry participants. The task force compiled the following list of data sources that highlights broad-reaching intelligence reports, payments fraud trends, best practices and benchmarks, and additional resources that can help your organization address payments fraud risk. For example, financial institutions can leverage timely and actionable reports highlighting payments fraud incidents and cybersecurity threats occurring across the payments industry. Merchants and other business end-users can leverage best practices and benchmarks to help protect them from data breaches and fraud attacks.
The list will be periodically updated based on the availability of new data sources and the payments security threat landscape. Please note that this list is for informational purposes and was not intended as an endorsement by the Secure Payments Task Force or any member thereof.
How can my organization get added to the list?
Organizations with relevant services may submit a request to be added to the list using the Provide Feedback form. Examples of relevant services include: cybersecurity and fraud prevention services that highlight intelligence reports, payments fraud trends, and best practices and/or benchmarks. Upon submitting the request you will receive a confirmation email requesting additional information.
Use the filters below to find data sources that could benefit your organization; more information about the filters can be found here (PDF). A full, printable version of the data sources is also available for download (PDF).
You are not required to enter a value in all filter options. Selecting a filter will narrow the returned results. (Ex. “All” filters will return results that generally apply across all payment types and/or participants)
Note: Results returned for a particular payment type(s) also include those data sources applicable to all payment types (these sources contain information pertinent to the selected payment type(s)).
American Bankers Association (ABA)
The American Bankers Association (ABA) is the united voice of America’s hometown bankers¬—small, regional and large banks that together employ more than 2 million women and men, hold nearly $17 trillion in assets, safeguard $12.8 trillion in deposits and extend more than $9 trillion in loans.
ABA believes that government policies should recognize the industry’s diversity. Laws and regulations should be tailored to correspond to a bank’s charter, business model, hometown markets, and risk profile. This policymaking approach avoids the negative economic consequences of burdensome, unsuitable, and inefficient bank regulation.
Through a broad array of information, training, staff expertise and other resources, ABA supports America’s hometown bankers as they perform their critical role as drivers of America’s economic growth and job creation.
Auriemma
http://www.acg.net/services/industry-roundtables/
Credit Card Chargeback Roundtable: Provides a platform to compare and contrast practices and policies throughout the dispute life cycle across top issuers and processors. The intention is to provide each participant with timely information regarding treatment strategies as well as member interpretations of regulatory and association guidelines.
Credit Card Fraud Control Roundtable: Provides a platform for Fraud Prevention Managers to share experiences with credit and debit card fraud attacks and containment solutions, identify new vulnerabilities, uncover loss mitigation solutions, and discuss efficiencies and effectiveness.
Auriemma
http://www.acg.net/services/industry-roundtables/
Merchant Retail Payments Fraud Roundtable: EMV migration has given rise to higher chargebacks and other emerging threats – including increased card-not-present (CNP) and account takeover (ATO) activity – as fraudsters adjust their tactics. In this roundtable, retail fraud executives discuss how they’re combating the latest fraudulent activities, weigh the efficacy of in-store and online anti-fraud solutions and technologies, and identify new vulnerabilities and methods of attack.
Board of Governors of the Federal Reserve
https://www.federalreserve.gov
https://www.frbservices.org/news/research.html
As the payments industry continues to evolve, the Federal Reserve Banks periodically release research that relates to payment trends and Federal Reserve Financial Services including, but not limited to, the Federal Reserve Payments Study.
Conference of State Bank Supervisors (CSBS)
https://www.csbs.org/Pages/default.aspx
Bank members of CSBS benefit from our work to keep the state banking system strong. Through a Bankers Advisory Board, bank members bring the industry perspective to the Conference of State Bank Supervisors (CSBS) and regulator members with an eye towards improving the quality of supervision. Bank members also have access to first-class compliance and management training. CSBS publications and its website keep bank members fully up-to-date on news affecting state banks and the state banking system. The weekly Examiner newsletter is supplemented by web postings and other resources.
Credit Union National Association (CUNA)
The Credit Union National Association (CUNA) is the largest national trade association in the United States serving America’s credit unions. The not-for-profit trade group is governed by volunteer directors who are elected by their credit union peers from across the nation. With its network of affiliated state credit union associations, CUNA serves America’s nearly 7,000 credit unions, which are owned by more than 100 million consumer members.
CUNA partners with the state associations and credit unions to:
- Represent the interests of credit unions before the U.S. government, including Congress and federal regulatory agencies
- Organize and focus the political efforts of credit unions
- Act as the voice of the credit union movement before the public (through the press and other media)
- Provide education and training resources for the development of credit union staff and volunteers
- Provide various forums for credit unions to meet and share ideas and views
Provide access to cooperative products and services for credit unions
Department of Homeland Security (DHS)
https://www.dhs.gov/topic/cybersecurity
https://www.dhs.gov/topic/cybersecurity-information-sharing
https://www.dhs.gov/national-cybersecurity-and-communications-integration-center
DHS offers a number of cybersecurity resources, including information regarding information sharing initiatives.
Electronic Check Clearing House Association (ECCHO)
ECCHO (Electronic Check Clearing House Organization) is a not-for-profit, mutual benefit, national clearinghouse that is 100 percent owned by its member institutions. Any depository financial institution, regardless of size, is eligible for membership in ECCHO. ECCHO was created in 1990 by banks as a cooperative venture to encourage the use of electronics to enhance the check collection system. In the early years the focus was on electronic check presentment (ECP). Since the passage of Check Clearing for the 21st Century Act (Check 21), ECCHO’s primary focus has been the use of image exchange to improve the efficiency of check payments.
ECCHO’s primary activities can be divided among three functions:
- rules development and maintenance
- industry education
- industry advocacy
Electronic Funds Transfer Association (EFTA)
The Electronic Funds Transfer Association (EFTA) is a professional association dedicated to the advancement of electronic payments and commerce. EFTA’s objective is to inform debate over the consumer, business and policy aspects of new and existing payments technology through public outreach to Congress, the Executive Agencies, consumers, and the media.
Since its founding in 1977, EFTA has represented its members on a range of topics, from ATMs and debit technology to current issues like data breach and cybersecurity, data privacy, and mobile payments. EFTA membership includes top ten banks, payment processors, ATM & debit networks, card companies, technology providers, security companies, ATM owners and manufacturers, and government agencies.