The Rise of Pig Butchering Scams
As bad actors consistently seek out new ways to scam money from your members, it is important to stay informed. AJ Schalk details the latest tactic—the Pig Butchering scam—and how you can spot the warning signs that a member has fallen prey.
Counseling Members When Identity is Compromised
When a member faces a potential account breach, they turn to their credit unions for help, but what happens when the teller isn’t sure what to do either? Jim Vilker offers up key steps to take when identity and accounts are compromised and resources to help you better support your members during the recovery process.
The NCUA’s Most Important Function Needs Transparent Reassessment
Recent high profile embezzlement cases and NCUA’s reticence to disclose information about them suggests a major problem, says Chip Filson. NCUA’s examination process has failed.
Online Banking Fraud Prevention: The Overlooked Superpower
While everyone is looking for a new, fail-safe solution to online banking fraud, Seth Longcore maintains that an excellent solution has been around for awhile, people just aren’t using it.
