Fresh Today

Fresh Today

FOSTER CITY, Calif.—Chip cards are already deterring fraudsters at the point of sale, with Visa reporting that some of the biggest merchants are seeing a dip of more than 18% in counterfeit transactions.

PHOENIX—FBI officials are reporting a dramatic rise in the business email compromise scam or “B.E.C.,” a scheme that targets businesses and has resulted in massive financial losses in Phoenix and other cities.

MERIDEN, Conn.–The Connecticut Credit Union League honored three people for their outstanding contributions to the CU Community during its annual meeting here. Board election results were also announced.

BROOKFIELD, Wis.—Fiserv announced an agreement with Cisco to deliver communications solutions that the companies said will help financial institutions enhance internal collaboration and drive customer engagement.

PHOENIX–Royal Credit Union won the Audience Choice Award and the $10,000 that goes with it during the NACHA Challenge, as part of NACHA’s PAYMENTS 2016 meeting. Wisconsin-based Royal CU was one of three finalists for the award.