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CUNA Mutual, FIS Team Up On Card Fraud Product

JACKSONVILLE, Fla. -- Call it a sign of the times, but the insurer for the majority of credit union and the processor for the majority of CU card programs have teamed up to make card fraud loss claims easier to file.

By David Morrison | Updated on January 26, 2009

JACKSONVILLE, Fla. — Call it a sign of the times, but the insurer for the majority of credit union and the processor for the majority of CU card programs have teamed up to make card fraud loss claims easier to file.

CUNA Mutual, the insurer for the majority of credit unions and card processor Fidelity National Information Services say their new jointly developed product, which has not yet been named, will enable the 2,300 credit unions that currently process card accounts with FIS and have CUNA Mutual card insurance to shave time and frustration off their card fraud claims process.

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