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Six tips for managing card fraud exposure

first_img continue reading » ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr During a recent webinar on fraud, attendants were asked what kind of fraud they were experiencing the most in 2018. Of those who responded, 82% stated that card fraud was the #1 type of fraud they’ve been experiencing this year. [Access the on-demand webinar, “An Expert’s Guide to Card Fraud.”]We recognize card fraud is a scary beast that can result in as much as six figures in overall losses, so I’m here to help you tame this beast!Here are some quick-hitter steps your financial institution can take to minimize future instances of card fraud:Enable chip technology on all of your cards, ATM machines, and in-branch point-of-sale devices to proactively protect your cards from magnetic stripe (POS 90) card fraud exposure.Confirm all of the appropriate card security measures are in place and working effectively.last_img read more

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