card fraud

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  Wrapping Up Holiday Card Fraud: 10 Tips for Helping Your Members Deal

  By Karen Postma, Bill Freer  |  January 2, 2013

  Here are 10 tips and strategies for helping members deal with card fraud in the year ahead.

• TMG Rolls Out Fraud Text Alerts for Credit Union Clients

  By Natasha Chilingerian  |  November 28, 2012

  Credit union members who opt into fraud text alerts receive texts asking them to verify or report a flagged transaction.

• Study: 1 in 4 Say They Have Been Victims of Credit Card Fraud

  By Robert McGarvey  |  October 16, 2012

  HIghest rates reported in ACI Worldwide/Aite Group study were 44% in Mexico and 42% in the United States.

• As Tide of Fraud Rises, Prevention Still Remains a Cure

  By Pat Carroll  |  August 16, 2012

  Clearly, the challenge of fraud prevention in the banking industry continues to be paramount in the minds of institutions and consumers alike – and the cost and implications don’t stop there.

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  Smart Chips Still Slow to Catch on at U.S. CUs

  By David Morrison  |  September 14, 2011

  Despite the documented ability of smart chips to cut fraud losses, experts say some credit unions and CUSOs have not moved very quickly to start issuing credit and debit cards enabled with the higher tech chips.

• Cyber Crooks Loot $13 Million in FIS Pre-Paid Card Heist

  By Robert McGarvey  |  August 30, 2011

  Blogger reports card processor hit by scam involving Sunrise platform cards.

• CUs Expect to Spend More On Fraud

  By David Morrison  |  August 22, 2011

  NAFCU poll finds credit unions spending an average of $165,000 each on card fraud prevention in 2010.

• The Members Group Launches Text Fraud Alerts

  By Marc Rapport  |  July 14, 2011

  Messages give cardholder option of approving transaction or stopping it and alerting company fraud team.

• Card Not Present, Skimming, Data Breaches Lead Fraud Concerns

  By David Morrison  |  May 19, 2011

  A white paper for Card Services for Credit Unions members from processor FIS and CSCU outlines risks, urges education.

• On-Site Coverage: Visa Security Summit: Chip and Pin Is In

  By David Morrison  |  May 4, 2011

  WASHINGTON — If nothing else, card-issuing credit unions should feel assured that an awful lot of intelligent people go to work every single day with no higher priority than helping to keep their card data secure.