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Featuring the Overdrawn podcast from Andy Janning. Listen as he follows the cost and consequences of financial crime. Click the image to join the waitlist! First episode drops September 29!
Fraud is out of control. Synthetic identities, AI-generated bank statements, account takeovers, ransomware. The threats credit unions face today look nothing like they did five years ago, and most institutions are still catching up. This hub is where we track the schemes, the tools for fighting back, the regulatory pressure and the real conversations happening inside credit unions trying to stay ahead of the bad guys. You’ll find articles, podcast interviews and straight talk from practitioners, covering:
Fraud is different at a credit union: When trust breaks, it’s personal because your members own your institution. Let’s work together to fight this scourge!
LaCorp Ask any credit union risk officer what keeps them up at night, and payment fraud will be near the top of the list. Checks. Cards. ACH. Mobile payments. Every channel that your members use to move money has become a target, and the schemes hitting credit unions today look
Patrick Whelan, VP of Sales at Fortuna Cysec Ransomware is no longer simply a criminal business model built around encrypting systems and demanding payment for a decryption key. Today’s threat actors have evolved their tactics and are increasingly stealing sensitive data before deploying ransomware, using data theft, public exposure, and
Cornerstone Resources has partnered with Rippleshot, bringing some serious fraud-fighting firepower to their network of member credit unions. We’re talking about tools that don’t just react to fraud after it happens—they actually catch it before it hits your members’ accounts. Here’s what the partnership brings to the table: Cornerstone’s member credit
In early 2020, a small credit union in Beaver, Pa., collapsed. Insider theft. Federal liquidation. A town of 4,400 people lost an institution that had been woven into its fabric for five decades. The trade media covered it briefly. Then everyone moved on – except Andy Janning. The result is
Here’s a sobering stat to start your day: Americans lost more than $16 billion to internet crime in 2024 alone. That’s billion with a B. And before you think this is just teenagers falling for phishing scams, consider this—people over 60 took the biggest hit, losing nearly $5 billion themselves.
Here’s an uncomfortable truth: sometimes the fraud call is coming from inside the house. Velera, the country’s leading payments credit union service organization, just dropped a new resource that tackles one of the trickiest problems in financial services—what to do when your own members are involved in fraudulent activity, whether
