This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

EU banks should bolster customer protection as fraud shifts, report says

( December 16, 2025, 10:02 GMT | Official Statement) -- MLex Summary: Banks and payment companies should upgrade customer protection measures as fraudsters shift from technical attacks to manipulating users, a joint report by the European Banking Authority and European Central Bank says. While strong authentication still curbs traditional card fraud, overall losses rose to €4.2 billion in 2024, driven by scams targeting credit transfers, the report shows.Press release follows. Report attached....

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Documents

Related Sections