FIS is a leading provider of technology solutions for credit unions, banks, merchants and capital markets firms globally and works with more than 70 percent of all credit unions in the U.S. The company plays a critical role in advancing the ways the world pays, banks and invests, moving $10 trillion around the global annually. With innovative solutions using cutting edge technology, FIS helps their clients solve business-critical challenges and deliver superior experiences for their members/customers. We work with credit unions nationwide to meet member payment needs and provide valuable solutions in the areas of credit, debit, fraud, loyalty, network, small business and money movement. Our history of partnership with credit unions and in-depth knowledge of the credit union marketplace spans over 40 years. We are dedicated to creating best-in-class credit union and member experiences through a direct, trusted partnership that delivers shared success.
During this time of uncertainty, FIS is here as your reliable partner. We remain committed to helping you meet the evolving needs of your members. This week FIS announced that we are enabling the ability for U.S. banks and credit unions to provide loans and other critical economic relief to small businesses and merchants under the U.S. Small Business Administration (SBA) Paycheck Protection Program within the Coronavirus Aid, Relief, and Economic Security (CARES) Act enacted this week by the U.S. Department of Treasury. Click here for the press release and to learn more.
In addition, FIS has created a COVID-19 Online Resource Center to provide its clients with options and information to adapt and rebound in the face of COVID-19. We will continually update the site with new offers of assistance during the current health crisis.
Peer-to-Peer Payments: Preventing Fraud in a Digital World
Join our FIS Fraud Analytics Team and a credit union division leader as they discuss a brief overview of the history of P2P payments, including a look at the explosion of its use, the subsequent growth in P2P fraud, and the work that’s being done to innovate new prevention methods. We will provide an in-depth look at various P2P payment fraud scams and highlight best practices for handling P2P payments fraud once it has happened.