Allied Solutions is the NAFCU Services Preferred Partner for Insurance- Bond, Creditor Placed (CPI), Guaranteed Asset Protection (GAP), Mechanical Breakdown Protection (MBP), and REFUND Plus®.
Listen On:
Key Takeaways:
- [04:16] Paper checks, ACH, and card and card numbers are really top of the list. Card risk is number one today.
- [04:45] Bad actors are getting the transaction data through social media, phishing, credential stuffing, the dark web, and pretending to be the credit union. The number one ways are phishing and getting the consumer to give up their account number or card information.
- [09:07] It is looking at those transactional limits and the authentication layer. That is the biggest issue today..
Presented By
Ann Davidson
Vice President of Risk Consulting | Allied Solutions
With more than 40 years of diverse experience in the financial industry, Ann Davidson has become a nationally renowned expert in risk control and risk management. Ann has an impressive list of achievements and accreditations in the financial industry, which includes making notable article contributions to accredited financial publications and being a keynote speaker on a variety of risk management topics at hundreds of conferences and seminars nationwide.