The Costs of Zelle Fraud to Banks and Credit Unions
Zelle fraud is a serious issue that affects countless consumers, banks, and credit unions across the country. But just how prevalent is Zelle fraud? … And can advanced artificial intelligence [...]
Do You Have To Tell Your Members To STOP Using Their Debit Cards?
This Credit Union Just Did… And the Consequences Could Lead to Disaster Put yourself in your members’ shoes for a moment. You’re going about your day, shopping online, planning a family vacation [...]
Check Fraud Losses May Have Hit $34.4 Billion In 2022…
But Can This Ai Technology Finally Help Put an End to It? Fraud and risk teams at banks and credit unions have had enough. Since at least 2020, there’s been a parabolic increase in all forms of [...]
The Cost Of Debit Card Fraud To Banks And Credit Unions
Debit card fraud is a serious and growing problem for banks and credit unions. Every year, institutions lose millions of dollars to fraudulent charges. But what exactly is debit card fraud? And [...]
Overall Fraud Costs Rose 20% Last Year…
With Banks and Credit Unions Incurring Most of The Losses New data compiled by LexisNexis show the cost of fraud incurred by financial institutions is spiraling out of control. Overall, the costs [...]
Banks And Credit Unions Beware: Even After The $425 Million Equifax Settlement, Data Breaches Continue To Ravage The “Big Three” Credit Bureaus
As you may recall, in September of 2017, Equifax announced news of a massive data breach. It was one of the largest, most consequential data breaches in US history. The names, social security [...]
Banks and Credit Unions Beware: Even After The $425 Million Equifax Settlement, Data Breaches Continue to Ravage The “Big Three” Credit Bureaus
As you may recall, in September of 2017, Equifax announced news of a massive data breach. It was one of the largest, most consequential data breaches in US history.