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Credit Unions, CUSOs Fighting Fraudsters

PYMNTS

This, in turn, helps mitigate fraud.”. Delivering more robust analytics for predictive modeling as well as [continually investing in and deploying] multilayered fraud mitigation tools helps identify spending trends and fight fraud.” ” Phishing, Smishing and the Value of Education .

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6 Types of COVID-19 Scams to Watch Out For

FICO

Smishing is similar to phishing, but is executed through text messages. For more information on how to avoid scams, check out my webinar with Adam Davies, The Rise of Scams – Mitigating the Manipulation of Your Customers and Employees During Times of Crisis. every month.

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Deep Dive: Emerging Security Threats Facing The CU Space And How Data Analytics Can Help

PYMNTS

A 2018 study on payment fraud mitigation reported that 75 percent of financial institutions (FIs) experienced fraud losses. Cybercriminals are also developing a variety of threats including clone phishing, spear phishing, smishing and other specialized types of phishing.