Strategic Link Question of the Week

We have noticed an increase in the number of fraud cases affecting our members; how do we reduce those numbers with minimal member impact?

Fraud is serious business, and can cause you and your members untold amounts of grief. While fighting fraud can seem difficult, there are things you can do to mitigate loss and keep your members happy. One of the easiest and best things to do is get a program like Falcon Managed Real-Time Decisioning (MRT), available through our partners Member Access Pacific (MAP). MRT uses a series of customizable, real-time decline rules to effectively manage fraud with minimal inconvenience to the cardholder. Programs like MRT are invaluable when it comes to providing your members security from fraud while retaining a high-level of satisfaction with your credit union, not to mention the savings that the reduced fraud rate will have for you. For more information, please contact your Association’s service corporation team at strategiclink@nwcua.org or visit our Strategic Link website.

 

Strategic Link is the NWCUA’s wholly-owned service corporation, using the power of aggregation to provide the Association’s member credit unions with exclusive high-quality, competitively-priced products and discounted services. Contact Director of Strategic Partnerships Craig Reed today to find out how Strategic Link can help your credit union save money while meeting its goals in 2013 and beyond: 206.340.4789, creed@nwcua.org.

Posted in Compliance, Compliance News.