Tune into this episode to learn how fraudsters are leveraging weak authentication to commit account fraud and best practices credit unions can implement for strong authentication measures.
- [01:46] Online account opening – if you just allow that account opener to become a member and there are no checks and balances behind the scenes before you approve them as a member, it is not if, but when you are going to get hit by fraud.
- [04:14] Payment app fraud in the last month has just gone up 300% in the industry.
- [09:24] Share with your members: ‘these are the tools that we as your trusted financial partner what you to be aware of.’
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