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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
