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Fraud & Security: Are Credit Unions Protecting Their ACH Payments?

Authored By: Lewis Wood on 3/31/2022

ACH payments are popular with credit unions and their members. But are credit unions properly protecting faster payments fraud?

 

The use of ACH has skyrocketed, prompted by the need for faster payments and quicker reconciliation of payroll, bill pay, B2B, and other payments. But with record growth, coupled with higher dollar limits, credit unions also need to be aware of potential fraud risk.

 

A new report, Protecting ACH Payments, developed by the payments fraud prevention experts at Advanced Fraud Solutions, addresses ACH fraud and compliance-related issues. Without proper measures in place, several types of payments fraud schemes will persist, translating into dollar losses and loss of trust. Learn how to better protect your ACH payments today.

Read the report

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