<img height="1" width="1" style="display:none;" alt="" src="https://px.ads.linkedin.com/collect/?pid=4052188&amp;fmt=gif">

credit union fraudA new report shows that card fraud is on the rise, and your credit union could be at risk of being the source of fraud. A new FICO report shows that ATM skimming now makes up the majority of card fraud.

And the place where this skimming happens most often? Bank and credit union ATMs. This is a significant change from last year when almost 80 percent of skimming happened at point-of-sale terminals.

ATM skimming is more common because it only requires a person’s PIN number instead of a signature like point-of-sale machines require. Click here to learn more.


digital signatures for credit unions free ebook

You may also like

Video Update: NCUA speculates on the future of credit unions
20 March, 2013

The National Credit Union Administration recently posted its monthly update video. This nine-minute video features NCUA ...

Miami Credit Union Gets Cease-and-Desist Order from NCUA
Miami Credit Union Gets Cease-and-Desist Order from NCUA
10 September, 2013

North Dade Community Development Federal Credit Union, a $5.8 million in Florida, has received a cease-and-desist order ...

No word on credit union tax exempt status from Washington
13 March, 2013

Washington, D.C. credit union advocates say there’s no mention of the credit union tax exemption in either of the most r...