Fraud Prevention Archives - Member Access Processing

EMV is reducing fraud, but there’s more work to be done

It’s no secret that the EMV transition was met with confusion and consumer complaints. But more than a year after the liability shift went into effect, the benefits of the new technology are starting to show. According to data from MasterCard, fraud is decreasing in the wake of EMV’s implementation.

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Call center fraud is on the rise – here’s how you can protect your credit union

Fraudsters are adaptable people. They’re smart and aware of changing trends in the payments industry. Because of this, it’s crucial that credit union managers stay current on the latest developments in fraud trends and make changes to their institutions as needed.

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Cardless ATM withdrawals aren’t immune to fraud

As financial technology evolves, it’s important that credit unions keep up with the changes so they can continue to offer their members convenient, timely products and services. However, implementing new technologies at the right time is crucial.

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Credit unions must keep their security measures up to date

Hackers are a very real threat to any consumer. They have the knowledge to infiltrate systems and steal information and money from complete strangers. Security professionals have the resources to keep hackers out, but these criminals are intelligent. When an update comes through, they are the first to begin figuring it out and finding ways

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Credit unions must keep their security measures up-to-date

Hackers are a very real threat to any consumer. They have the knowledge to infiltrate systems and steal information and money from complete strangers. Security professionals have the resources to keep hackers out, but these criminals are intelligent. When an update comes through, they are the first to begin studying the new features and finding

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