When it comes to fighting card fraud, a credit union's best resource may be its own members, especially when they are equipped with the latest technology for card controls and alerts.
In fact, a recent study conducted by Javelin Strategy and Research revealed that consumers who receive alerts related to their account activity save their financial institutions up to $19 per user in annual service costs, plus an additional $9.22 each year if the consumer receives interactive alerts.
Continue Reading for Free
Register and gain access to:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
