Security Service rolls out card fraud alerts
by: Roy Urrico
The $8.3 billion Security Service Federal Credit Union in San Antonio is living up to its name by adding a new mobile layer of protection for member card accounts.
Security Service FCU said it launched real-time credit and debit card text fraud alerts as a free service (except where phone charges apply) to help prevent fraudulent transactions from occurring on members’ credit or debit cards. Members must sign up online to trigger credit card fraud alerts, but debit cards receive automatic enrollment in the program.
“With text fraud alerts, the minute we detect any suspicious debit or credit card activity on the account, we send a text message asking for verification of the transaction,” Howard Baker, executive vice president and chief risk officer for the credit union, said. “Members can rest assured that card fraud monitoring and account security are top priorities at Security Service.”continue reading »