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Posts tagged with "Identity theft"

11/22/2017

5 Things Consumers Think About Fraud and ID Theft Protection

Does your financial institution really know — and care about — the fears that keep your customers awake at night? Identity theft and bank fraud are high on the list of worries for the average American consumer; in fact, more of them worry about falling prey to identity theft than they fear being a victim of terrorism,…

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10/01/2017

Rebuilding Bank Customer Trust After Fraud: Resolution is as Important as Prevention

Fraud continues to grow, and consumers know it. In fact, they’re downright afraid of the prospect of fraud and identity theft. When fraud occurs, bank customers want to know who’s responsible. If they can’t assign blame elsewhere, they’re likely to hold their financial institution responsible and switch banks because of the fraud, a new study…

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06/16/2017

Synthetic IDs: Identity Theft … Without Your Full Identity

It’s called synthetic identity theft. Whether by a phishing scam, data breach, hack or physical theft, your information becomes compromised and falls into the wrong hands. Criminals use this stolen information to mix and match names, birthdays, Social Security numbers and addresses with other fabricated information to create synthetic IDs. Once the synthetic identity is made,…

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12/08/2016

Identity Theft Protection: Consumer Sentiment Says Getting it Right is a Must

When bank customers experience identity theft, do they blame their financial institution? Chances are they will, even if the incident of fraud did not occur through bank channels. Between 2013 and 2014, the number of consumers who switched financial institutions after experiencing fraud increased more than 10 percent, according to the Identity Theft Resource Center’s…

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11/22/2016

EMV Adoption, Fraud Migration and Identity Protection Services: Answering Some Questions

The fraud landscape is ever-changing, and sometimes the very steps financial institutions take to reduce fraud in one area cause an uptick in other types of fraud. That’s certainly been the case with EMV technology, the leading topic of discussion in our recent webinar The new realities of fraud post-EMV adoption. Led by Deluxe’s own…

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08/25/2016

Meeting the Identity Protection Needs of Small Business Customers

By Laura Bruck, VP Marketing at EZShield Think you understand your small business customers? What about their need for protection against identity theft and fraud? Whether SMBs voice it or not, it is unquestionable, yet sometimes overlooked, that they need identity protection too. Small business owners have twice the risk of fraud since they are…

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08/11/2016

Consumers Say FIs Must Get Identity Theft Protection Right

When bank customers experience identity theft, do they blame their financial institution? Chances are they will, even if the incident of fraud did not occur through bank channels. Between 2013 and 2014, the number of consumers who switched financial institutions after experiencing fraud increased more than 10 percent, according to the Identity Theft Resource Center’s…

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