Canada's Interac joins East

Source: East

Interac Association has just joined East (the European ATM Security Team) as the national representative member for Canada.

While EAST is focussed on the Single Euro Payments Area (SEPA), Interac Association will participate as a non-SEPA member.

A recognized leader in debit card services, Interac Association is responsible for the development and operations of the Inter-Member Network (IMN), a national payment network that allows Canadians to access their money through Automated Banking Machines and Point-of-Sale terminals across Canada.

Formed in 1984, Interac Association is now composed of a diverse group of members, including banks, trust companies, credit unions, caisses populaires, merchants, and technology and payment related companies.

EAST has national representation from the following 25 SEPA countries: Austria, Belgium, Bulgaria, Cyprus, Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Liechtenstein, Luxembourg, Netherlands, Norway, Malta, Poland, Portugal, Slovakia, Spain, Sweden, Switzerland, United Kingdom. EAST is still seeking national representative members from: Estonia, Iceland, Latvia, Lithuania, Romania and Slovenia.

Both Canada and Russia are represented at EAST as non-SEPA members and EAST is seeking to establish links with parties in any country, able to share national incident and loss statistics for ATM related fraud and physical attacks. Interested parties should email in the first instance.


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