ETA Releases White Paper on Privacy & Fraud

ETA is the leading trade association for the payments industry, representing over 500 payments and FinTech companies that offer electronic transaction processing products and services and commercial loans, primarily to small businesses. During 2018 in North America lone, ETA members processed over $7 trillion in consumer purchases. ETA’s members include financial institutions, payment processors, FinTechs, and all other parts of the payments ecosystem.

The payments industry is dedicated to using innovation to fight fraud and ensure that consumers have access to safe, convenient, and affordable payment services. This White Paper provides an overview of those efforts, and describes how ETA and its members support the goals of privacy laws by implementing innovative tools to protect consumer privacy and data, as well as fight fraud.