FIS is the NAFCU Services Preferred Partner for ATM, Debit Card & Gateway Processing; Credit Card Processing & Servicing.
Listen On:
Key Takeaways:
- [01:25] A member appreciates tight security but it doesn’t do us any good if the security is so tight that they can’t transact at their convenience. It is another opportunity for another robust data strategy that really sets you apart.
- [08:01] One time passwords are very secure and can often compliment a very effective tool for step by verification validating someone is who they say they are.
- [11:01] Multi-factor authentication is critically important. It is really important to get away from the static password that has been so universal for so long.
Presented By
Eric Kraus
Vice President and Business Executive | FIS
Eric is responsible for fraud, risk, and compliance solutions within FIS Banking and Payments. In this capacity he leads several teams focused on AML, transactional fraud monitoring and overall financial crime risk mitigation. Eric’s team includes risk analysts, practice managers, consultants, data scientists, and industry subject matter experts, all focused on protecting the assets of credit unions and their members.