News

SAN FRANCISCO - In the spirit of holiday giving, Credit.com has offered consumers a free Identity Theft Defense Package during the month of December. The one-year defense package includes a free credit report, identity theft/Internet fraud insurance and crisis resolution services. Credit.com was co-founded in 1995 by former New Jersey...

WEST PALM BEACH, Fla. - Credit unions are taking off the gloves to fight fraud in all its forms. For the past 26 years, San Antonio Federal Credit Union Internal Audit Senior Vice President James Peters and his team of 10 have battled fraud by keeping staffers updated and educated....

VANCOUVER, Wash. - With the official opening of the Federal Investigative Center, federal authorities are serving notice to criminals that "they can't get away with it". According to U.S Attorney John McKay of Seattle, the center is a multi-agency collaboration that will act as the clearinghouse for federal prosecution in...

NEW YORK - Fraud is no longer being kept under wraps. According to a new survey by U.S. audit, tax and advisory firm KPMG LLP, more companies are working to uncover fraud and take action against those who commit fraud. Today some 75% of companies report they have uncovered fraud...

GOLD COAST, Australia - Competition between credit unions and other financials exists everywhere, and credit union folks down under are no exception. Four hundred senior credit union managers and directors attended a two-day Australian Credit Union Convention here on how to beat the competition. The workshops and speeches during the...

MADISON, Wis. - A U.S. based ATM processor has been hacked and is facing extortion from the perpetrators. "Apparently a third-party ATM processor had part of their database hacked into. The individuals who obtained the information are now trying to extort the processor," said Vince Wagner, risk management specialist in...