Reducing deposit fraud cases is an important goal at any credit union. At University Federal Credit Union, one incident in particular triggered the need for a new solution that would allow it to take a preventative approach against this common form of fraud.
Here are 10 tips and strategies for helping members deal with card fraud in the year ahead.
Credit union members who opt into fraud text alerts receive texts asking them to verify or report a flagged transaction.
Bradford-Scott adding online collection, real-time fraud monitoring to the services it offers credit unions running the Sharetec core processing solution.