Debit Card Transactions Increase, As Do Fraud Losses
Tina Orem reports, in a July 17, 2019 article in cutimes.com, that debit card use is surpassing credit card use. Sadly, fraud losses are also climbing. Credit union losses due to fraud are a major part of expenses. Credit unions must have policies and procedures in place to minimize fraud losses.
TCT Risk Solutions provides Compliance and Policy Preparation services to help small credit unions with the daunting task they face complying with regulations and maintaining up-to-date policies.