Article

3 Questions on Fighting Credit Card Fraud

October 24, 2024

As guardians of sensitive cardmember and account data, financial institutions running a credit card program must monitor cybersecurity trends closely to protect their cardmembers. Elan Credit Card’s General Manager, John Owens, was recently interviewed by CUInsight on trends in fraud, how Elan protects our partner’s cardmembers, and the benefits of partnerships.

(0:40) As fraud is on the rise, and as Elan is a leader in payments, what do you think financial institutions should be aware of right now?
(2:55) What sort of protection and investment is in place to protect those cardmembers?
(5:07) What are the benefits for financial institutions for exploring partnerships during a time like this with there is such a surge in fraud, and such a need for heightened compliance and risk assessment?

Watch the full interview here.

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