The latest from Ann Davidson

Dec 13, 2021 - by Ann Davidson, Allied Solutions

Holly jolly card fraud prevention

Tis the season for holiday shopping, and card-not-present fraud. For the 2020 holiday shopping season, many consumers pivoted to e-commerce to accommodate social distancing and stay-at-home orders from the COVID-19 ...

Aug 12, 2021 - by Ann Davidson, Allied Solutions

How to authenticate new and existing members

Fraud and data security concerns continue to rise at alarming rates across the United States. In 2020, the Federal Trade Commission reported receiving over 2.1 million consumer fraud reports ...

Dec 14, 2020 - by Ann Davidson, Allied Solutions

Top 5 fraud prevention FAQs in 2020

In 2020, we launched a brand-new, fraud-focused webinar series, “Let’s Talk Fraud.” During these webinars, Allied’s fraud experts answered credit unions’ pressing fraud questions. Here are the top ...

Dec 20, 2018 - by Ann Davidson, Allied Solutions

Holiday scam prevention for financial institutions and consumers

Below are two checklists that address the heightened fraud activity that occurs during the holidays: the first checklist contains precautionary measures for your financial institution to follow to detect and ...

Nov 9, 2018 - by Ann Davidson, Allied Solutions

Counterfeit check fraud prevention

Reports of counterfeited consumer and business checks continue to pour in from financial institutions across the nation. Counterfeit check fraud results in two types of risk exposure: Exposure to the ...

May 14, 2018 - by Ann Davidson, Allied Solutions

Chip fallback authorization strategies to reduce fraud impact

Your credit union could continue to incur magnetic stripe fraud on EMV cards and ATMs if you have not yet set-up strong fallback authorization strategies. Here are strategies you should ...

Oct 11, 2017 - by Ann Davidson, Allied Solutions

Take steps now to protect your members from the Equifax breach

The enormity of the Equifax® data breach has left a wake of fear and frustration among businesses and consumers alike. Names, social security numbers, birth dates, addresses, driver’s license ...

May 24, 2017 - by Ann Davidson, Allied Solutions

Mitigating PINless debit fraud exposure

Various financial institutions around the country have experienced counterfeit activity resulting from “PINless” debit transactions, some of which have led to losses in excess of $100,000. PINless debit authorizations ...