News

Turn to pages 26-27 to get a peek at what happened at BAI's popular Retail Delivery Conference.

WAUSAU, Wis. - Count Connexus Credit Union as the latest financial institution to turn to Identity Theft 911to help arm its members in the battle against identity theft. "With the threat of identity theft increasing, we simply cannot leave our members and their families defenseless," said Connexus CU President/CEO Dave...

BLUE BELL, Pa. - A recent Unisys Corporation survey finds that when it comes to identity theft and fraud protection consumers are willing to pay. The survey found that nearly 40% of Americans are at least somewhat willing to pay fees for more protection of their accounts. Some 73% worry...

SCOTTSDALE, Ariz. - To help manage database security breaches, Identity Theft 911 has recently launched SBR911. "Database compromise is a ticking bomb confronting every business and institution in America," said Identity Theft 911 President Steve Christenson. "If your organization has consumers' personal and financial data in its care, your organization...

ORLANDO, Fla. - The steady decline in the number of checks used as a form of retail non-cash payment and the continuing increase in the number of non-check payment transactions in credit and debit cards and ACH, have become a fact of life for the financial services industry. But checks...

EAST LANSING, Mich. - At Michigan State University Federal Credit Union proactive planning is key in the fraud fight. "Whether it is phishing, identity theft or any type of fraud it is not a matter of if but when - so it is important to have a plan that can...

ORLANDO, Fla. - ATM outsourcing is not right for every financial institution, and despite its many benefits a financial has to consider factors such as structuring their program, choosing vendors, and deciding whether it wants to outsource all or part of their ATMs before making the shift. In their session...

While the typical fraud victim profile focuses on those under 35 years old, according to the Federal Trade Commission some 65% of complaints from consumers over the age of 50 were fraud related. In addition, this group reported paying out a total of $152,302,679 due to fraud. The 50 and...