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 unions now get access to Rippleshot’s Fraud Interceptor and Fraud Intelligence Collective. Think of it as combining a sophisticated early-warning system with a group chat of fraud experts spanning five states, all sharing intel in real time.
“Fraud is the No. 1 pain point for credit unions in the Cornerstone region and across the nation,” explained Ryan Dold, EVP and Chief Revenue Officer at Cornerstone Resources. Translation: this problem isn’t going anywhere, so credit unions need better tools to fight back. “Our partnership with Rippleshot offers an affordable and reliable solution to help our credit unions protect their members from fraud.”
What makes this partnership particularly smart is the scale. Canh Tran, CEO and co-founder of Rippleshot, put it perfectly: “Fraud doesn’t respect state lines, and neither should the intelligence used to fight it.”
He’s got a point. Cornerstone represents more than 600 credit unions across five states. That means when a sketchy fraud pattern pops up in Tulsa, credit unions in Little Rock can get a heads-up that same week. It’s like having eyes and ears across an entire region instead of just your own backyard.
“That’s the kind of reach that makes proactive fraud prevention possible, and it’s why partnering with Cornerstone was an easy decision for us,” Tran added.
Bottom line? Fraudsters might be getting more sophisticated, but so are the tools to stop them. And for credit unions in the Cornerstone network, backup just arrived.