Advancements in the way people can make purchases has brought great convenience to consumers, but it has also opened the doors to new types of payment fraud. Criminals adapt right alongside payment technology changes, and it's crucial that consumers, businesses and financial institutions all play their own part in reducing fraudulent transactions.
Topics: Fraud Prevention
Every financial institution today should have a website for consumers to view products and services and learn about their brand. Of the many things a website should be - informative, easy to navigate, carefully designed - the No. 1 priority should be security.
Credit unions pride themselves on superior customer service and excellent relationships with their members. To uphold this reputation, credit unions must continue to focus on member convenience and security.
Topics: Instant Issue
New technologies in the financial sector are always changing the way credit union leaders view their businesses and the ways they can serve their members. One of the most talked-about yet little-understood financial technologies currently is blockchain.