The conference included panels representing four key constituencies: issuers, consumers, merchants/acquirers, and networks. The panelists addressed the nature of payment
card fraud in the 21st century. This paper summarizes the highlights from the presentations and the discussions that ensued.

Conference Summary
Maintaining a Safe Environment for Payment Cards: Examining Evolving Threats Posed by Fraud
April 2008
On April 23 and 24, 2008, the Payment Cards Center of the Federal Reserve Bank of Philadelphia and the Electronic Funds Transfer Association jointly hosted Maintaining a Safe Environment for Payment Cards: Examining Evolving Threats Posed by Fraud.