Force Field for Fraudsters
Across the globe, thieves are crouching in the digital bushes just waiting to pounce on unsuspecting cardholders online. Hidden and anonymous, they lie in wait for their prey to click just the wrong...
View ArticleDo Your Prepaid Cardholders Have the Whole Story?
In response to rollout of the Kardashian Kard, a higher-priced prepaid card co-branded by reality TV stars, the Consumers Union issued a statement. It included the following, which has the potential to...
View ArticleLeveraging Your Marketing Team in Fraud Prevention
Cardholders are a financial institution’s first line of defense against fraud – so long as they are educated and informed on the latest trends, and more importantly, what to look for. Therefore,...
View ArticleIdentity Fraud & Identity Theft: There is a Difference
Do you know the difference between identity theft and identity fraud? More importantly, do your cardholders? Although they sound alike and are often used interchangeably, they are actually two separate...
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How to Protect a Prepaid Card
Prepaid debit cards are accepted wherever debit cards are; they protect a customer’s privacy; they are a great tool to help with budgeting. However, all that privacy and ease of use can come with...
View ArticleRegulatory Burden May Soon Be Extended to #Prepaid Products
In a recent interview, Consumer Financial Protection Bureau (CFPB) Director Richard Cordray called prepaid card regulation a “front-burner issue” for the bureau. Referring to the prepaid card industry...
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Issuers See the Light with #Prepaid
What follows is an excerpt of an article that originally appeared on CUinsight One study estimated that 50 percent of all U.S. financial institutions will have a prepaid option in their payments...
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Educate Consumers on #MobilePayment Fraud Prevention
Mobile wallets continue to shake up the payments industry with new offerings entering the market on a frequent basis. The speed and convenience of these emerging payment methods make them attractive...
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