A site dedicated to providing credit unions with relevant news and information related to security and information technology.
Monday, April 20, 2015
Key Steps to Take to Ensure Security of Remote Deposits
Rapid innovation in mobile and remote deposit technologies means members today have more choices when it comes to how, when and where they interact with their credit union or other financial service providers.
While the dramatically more efficient remote deposit technology offers credit union members greater convenience and flexibility, it also magnifies potential risks. The potential for human error and fraud — such as a check being altered or deposited multiple times on different dates or at different credit union locations — are real and persistent challenges.