How today’s mobile device helps fight fraud at your credit union

One of our favorite fraudster fighters returns to CUbroadcast for another report on how credit unions can keep the bad guys at bay. Aite Group‘s Research Director Julie Conroy joins us this time around to divulge her latest report, “Digital-Channel Fraud Mitigation: The Mobile Force Awakens.”

Cybercrime remains a big business with few consequences, but Julie reports that the mobile device is not only ideal for managing one’s financials it’s also taking on a bigger role in fraud prevention. In our discussion, she shows us just how your mobile can help fight fraud — along with what banks and credit unions are doing today, even though losses are surprisingly down.

Could it be prime time to gear for the next round of fraud attacks? Julie lets us know about the possible “calm before the storm” and why now is a perfect time to invest in new fraud fighting technology to quell future attacks — and your mobile is on the front lines.

continue reading »