Better protection against non-cash payment fraud

Le mode de payement

© European Union , 2014 / Source: EC – Audiovisual Service / Photo: Josep Lago

This article is brought to you in association with the European Parliament.

New EU rules to protect EU citizens against non-cash payment fraud, such as credit card theft, skimming or phishing, were approved in committee on Monday.

The Civil Liberties Committee approved plans to combat fraud and counterfeiting of non-cash means of payment such as cards, electronic wallets, mobile payments and virtual currencies.

MEPs stress that gaps and differences among EU countries’ laws can hamper prevention, detection and punishment of these crimes.

The new rules would:

  • establish five, four or three years of prison, depending on the offence, as the minimum penalty in cases where a judge imposes the national “maximum” custodial sentence for non-cash payment fraud,
  • include virtual-currency transactions in the scope of offences,
  • improve EU-wide cooperation to ensure cross-border frauds are better dealt with,
  • strengthen assistance to non-cash fraud victims, such as psychological support, advice on financial, practical and legal matters and free legal aid at least for those who lack sufficient resources for it, and
  • improve prevention and awareness-raising, e.g. through campaigning, education and permanent on-line information tools with practical examples of fraud cases.

Non-cash payments are constantly increasing in the digital era. This has made non-cash payment fraud, such as credit card theft or fraud using newer technologies such as skimming or phishing, an important source of income for organised crime.

Quote

Rapporteur Sylvia-Yvonne Kaufmann (S&D, DE) said “Digitalization has transformed the way we pay. As non-cash payments are used more and more, criminals exploit loopholes in the current rules. In today’s vote we managed to harmonise the definitions of online crime offences throughout the EU, introduce a minimum level for penalties for them and improve the protection of victims of non-cash fraud.”

Next steps

The draft report was approved by 31 votes to 1, with no abstentions.

The committee also approved a mandate to start informal talks with the Council, which can start as soon as Parliament as a whole gives its green light.

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

the European Sting Milestones

Featured Stings

Can we feed everyone without unleashing disaster? Read on

These campaigners want to give a quarter of the UK back to nature

How to build a more resilient and inclusive global system

Stopping antimicrobial resistance would cost just USD 2 per person a year

As rural communities age, their public transport is shrinking. It’s time to fix this

Russia to cut gas supplies again: can the EU get back to growth without a solid energy market?

Women vital for ‘new paradigm’ in Africa’s Sahel region, Security Council hears

Transition between education and employment: how the internship culture is threatening the foundations of our education

Talent is worldwide. Opportunity is not. How can we redistribute it?

From Russia with love: Brussels and Moscow close to an agreement on Ukraine’s gas supplies

Confronting neo-mercantilism: why regulation is critical to global trade

A Sting Exclusive: “Digital and mobile technologies are helping to achieve an economic success in Spain”, the Spanish Secretary of State for Telecommunications and Information Society Víctor Calvo-Sotelo reveals to the Sting at Mobile World Congress 2015

Charges against Baha’i in Yemen must be dropped: UN experts urge release of detainees

Towards a European Republic

OECD household income up 0.7% in first quarter of 2018, outpacing GDP growth

EU leaders agree on 2030 Climate and Energy Package: is “flexible” brave enough?

Food safety: more transparency, better risk prevention

Is euro to repeat its past highs with the dollar?

Solutions for cultural understanding: medical students’ perspective

This is why Dutch teenagers are among the happiest in the world

As monsoon rains pound Rohingya refugee camps, UN food relief agency steps up aid

EU’s social crisis and unemployment to deteriorate

This is the world’s biggest mental health problem – and you might not have heard of it

A Sting Exclusive: “Doing ourselves a favour”, Vice President Dombrovskis underscores that this time growth has to come from within the EU

Ebola: EU provides an additional €30 million to tackle the outbreak in the Democratic Republic of Congo

Interview with ourselves: the mental health of health professionals

Doctors are humans too: the benefits of embracing your mental status

Women-Friendly Spaces for Rohingya refugees: A place for protection and care

Commission: Do it like the Americans in the food sector

President Juncker temporarily transfers portfolio responsibilities following departure of two Members of the European Commission

Latest tragedy in the Mediterranean claims over 100 lives – UN refugee agency

rescEU assets mobilised to help Greece fight devastating forest fires

Tuesday’s Daily Brief: Venezuela-Colombia baby breakthrough, Italy piles on rescue boat pressure, States must combat hate, Kashmir rights latest and a musical plea to combat CAR hunger

Eurozone: Even good statistics mean deeper recession

More than four in 10 women, live in fear of refusing partner’s sexual demands, new UN global study finds

Conflict prevention, mediation: among ‘most important tools’ to reduce human suffering, Guterres tells Security Council

3 reasons why most Africans aren’t on the internet – and how to connect them

Further reforms needed for a stronger and more integrated Europe

25 years after population conference, women still face challenges to ‘well-being and human rights’, says UN chief

70 years on, landmark UN human rights document as important as ever

‘Huge’ stakes, ‘daunting’ job to tackle gender-based violence, UNICEF chief tells ground-breaking conference

South Africa still hasn’t won LGBTQ+ equality. Here are 5 reasons why

Commission launches two projects to support cooperation and innovation in Romanian regions and cities

3 ways to fight stress at work

EU Top Jobs summit ended with no agreement: welcome to Europe’s quicksand!

EU to spend €6 billion on youth employment and training futile schemes

The good news on pensions: sustainable equals profitable

Women must be at ‘centre of peacekeeping decision-making’, UN chief tells Security Council

Leading Palestinian legislator calls for ‘new international engagement’ in two-state solution

The Ukrainian crisis to destabilize Europe and the world for a long time

Millennials aren’t voting – but these young leaders have a plan to change that

The role of students in a migration crisis in Roraima, Brazil

IPCC reports devastating climate consequences; US in denial while EU does not fully support the 2050 net zero emissions target

Spotlight Initiative – EU and UN fight against domestic violence in the Pacific region

Healing of ozone layer gives hope for climate action: UN report

End ‘shame, isolation and segregation’ of fistula sufferers, urges UN reproductive health chief

The European Union and Central Asia: New opportunities for a stronger partnership

The health of the human being in coexistence with a transformative biosphere

‘Rare but devastating’ tsunamis underscore need for better preparation, UN chief urges on World Day

Service and Sacrifice: Guinean peacekeepers make their mark in Mali

EU–US: What is the real exchange in a Free Trade Agreement?

€5 billion of EU energy efficiency project money spent on “comfort”

To flourish in the Fourth Industrial Revolution, we need to rethink these 3 things

More Stings?

Speak your Mind Here

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s