The latest from Ann Davidson

May 24, 2017 - by Ann Davidson, Allied Solutions

Mitigating PINless debit fraud exposure

Various financial institutions around the country have experienced counterfeit activity resulting from “PINless” debit transactions, some of which have led to losses in excess of $100,000. PINless debit authorizations ...

Jan 11, 2017 - by Ann Davidson, Allied Solutions

Avoid website accessibility lawsuits

Many financial institutions are currently facing legal allegations related to the fact that their websites do not follow the W3C’s Web Content Accessibility Guidelines (WCAG 2.0). These guidelines ...

Oct 7, 2016 - by Ann Davidson, Allied Solutions

Fraud liability shift changes have arrived – Are you ready?

As of October 1, 2016, your financial institution will be held liable for any fraud that occurs using a chip enabled MasterCard at one of your ATMs, if the exposed ...

Feb 9, 2016 - by Ann Davidson, Allied Solutions

A look ahead at fraud prevention in 2016

What does the road ahead hold for fraud prevention? As 2015 closed and 2016 begins, several themes keep recurring, suggesting both opportunities and challenges for financial institutions in 2016. One ...

Jul 20, 2015 - by Ann Davidson, Allied Solutions

Top five fraud prevention tactics for credit unions

One of the largest stressors facing financial institutions today is the inability to accurately predict which of the various types of fraud attacks will be the next one to rear ...

Feb 10, 2015 - by Ann Davidson, Allied Solutions

What every credit union needs to know about chip technology

Does your financial institution offer a credit or debit card program to your members/customers? If so, you should be looking into implementing Chip-and-PIN card technology prior to October 1, ...

Nov 6, 2014 - by Ann Davidson, Allied Solutions

Managing exposure to data breaches

2014 has already seen a dangerous increase in wide-spread cyber attacks, which have affected millions of US cardholders. With the threat of cyber attacks on the rise, credit unions and ...

Aug 8, 2014 - by Ann Davidson, Allied Solutions

Risk alert: Understanding the risk of card-not-present fraud

Today, many cardholders use their card number in a card-not-present (card absent) environment mainly over the internet. The question asked is: what is the risk for the internet merchant versus ...