DES MOINES, Iowa—TMG (The Members Group) is reporting that fraud detection and prevention strategies it executed in 2014 saved its financial institution clients $28 million in potential fraud losses.
Fresh Today
SAN FRANCISCO—A new study shows that those who think cash is dying—going away like checks due to the growth of debit and credit cards and online commerce—are mistaken.
MOON TOWNSHIP, Penn.—Clearview FCU continues to surprise members with gifts and money as part of its “Thanks a Million” initiative and 10th Anniversary Members Matter Celebration.
NEW YORK—A new survey shows that Apple Pay users are much happier with their mobile payment experience than users who opt for rival payment services like PayPal or Google Wallet, and that the new payments solution is gaining momentum at the expense of PayPal.
NEW YORK—Consumers are increasingly unlikely to switch to another financial institution should their branch close, according to a new report.
HERNDON, Va.—NACHA, The Electronic Payments Association, has published an ISO 20022 Mapping Guide to assist financial institutions in translating ISO 20022 payment instructions for their corporate customers into ACH payments.
DALLAS–AdaptiveMobile, a provider of mobile security solutions, has released what it is calling a “visualization” of how mobile attacks are affecting financial institutions across the United States.
OAK RIDGE, Tenn.—The FBI has issued a warning to all bank and credit union employees in at least one Tennessee market to use caution and follow all security measures before, during and after the workday in the wake of an extortion, robbery attempt and kidnapping of a Y-12 Federal Credit Union executive at his home.
WASHINGTON—More than 1,000 community bankers are in Washington this week for their own Hike the Hill effort to lobby Congress.
RIVERWOODS, Ill.—Following a CUToday.info report that indicates EMV rollout in the U.S. will lead to payments disruption and a great deal of consumer confusion, Discover predicts the early days of chip cards will be “rocky.”