Fraud Alert Service

EPCOR's Did You Know video series covering payments changes and updates as well as helpful tips, tricks and things to keep in mind.
Fraud is a persistent problem for financial institutions. Even as businesses implement layered security measures, the fraudsters always seem one step ahead. With the increase in e-commerce, particularly during the recent year of COVID-19, payments-related fraud losses have also skyrocketed.
But it’s not only losses from card payments that threaten financial institution’s bottom lines… there are counterfeit checks, wire scams, ATM skimmers, robberies, ACH fraud and more with which to contend. As many fraud schemes typically travel corridors, it is important for financial institutions to share information with one another to be on alert and proactive in protecting against loss.
It is for this reason that EPCOR has acquired the Fraud Alert Service - to help our member institutions get the information they need into the hands of employees within the bank or credit union that can act immediately.
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