When it comes to stopping fraud, the $9.6 billion Boeing Employees Credit Union is trying to stay two steps ahead of scammers attempting suspicious transactions.

It is critical to have the ability to stop crime in real time, said John Snodgrass, security risk manager and Bank Secrecy Act and anti-money laundering compliance officer at the Tukwila, Wash.-based credit union.

For nearly three years, BECU has used the Falcon Real Time fraud detection tool from CO-OP Financial Services. The product aims to protect members from debit and ATM card fraud by allowing credit unions to detect high-risk transactions before the authorization decision occurs.

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