Protecting Yourself from Phishing Attempts

First Data Thought Leadership

At some time or another, most people have been exposed to phishing scams that use email or malicious websites to solicit personal information by posing as a trustworthy organization. Scammers may send email seemingly from a reputable credit card company or financial institution that suggests that there is a problem and requests account information. If you respond with the requested information, scammers can use it to gain access to your accounts.

What to Do Next: A Post-Durbin Checklist for Financial Institutions

First Data Thought Leadership

On June 29, 2011, the Federal Reserve Board released the final regulations pertaining to Section 1075 (the Durbin Amendment) of the Dodd-Frank Wall Street Reform Act. Because most of the provisions take effect on October 1st of this year, financial institutions must act quickly to achieve compliance and take necessary strategic steps to minimize any negative impact on their business and positions themselves for the future.

Banking on Debit Card Loyalty Proves the Perfect Program for American State Bank

First Data Thought Leadership

From its humble beginnings in 1948, American State Bank is now a leader in personal and business banking, with $2.5 billion in assets and 37 locations in 21 West Texas communities. However, when an existing debit card loyalty program proved less than robust, the bank sought to reward customers by converting to a superior program.

The Path to Compliance: Selecting Another PIN Debit Network

Kevin Barry

The Durbin amendment of the Dodd–Frank Wall Street Reform and Consumer Protection Act of 2010 (DFA) is causing tremendous upheaval in the electronic payments industry. The law calls for the U.S. Federal Reserve Board (FRB) to develop regulatory provisions that affect debit interchange rates, debit network processing, and merchant payment acceptance options. These dramatic changes will impact the business of every issuer of debit cards.

First Data helps Michigan's Firstbank Corporation fight debit card fraud

First Data Thought Leadership

When Firstbank Corporation began experiencing an increase in debit card fraud, it turned to First Data for help. The solution was First Data's Fraud and Risk Premium Package, a comprehensive set of solutions that includes its Fraud and Risk Identification Service (FRIS), FRIS realtime scoring for debit transactions, card validation for PIN transactions and a full suite of card management tools. And the results have been dramatic. In 2009 Firstbank lost less to fraud than in any recent year, a remarkable achievement in the face of the nationwide trend toward increased card fraud.

DNB First and its customers rely on First Data for service and security

First Data Thought Leadership

DNB First has worked with First Data and STAR for 17 years to provide reliable, convenient, secure financial services to its customers. Combining dependable debit, ATM and point-of-sale (POS) processing with STAR STATION online management, First Data has helped DNB First increase debit and POS volumes as well as overall ATM transactions.

First Data helps Cattaraugus County Bank strengthen ties with the business community

First Data Thought Leadership

Cattaraugus County Bank (CCB) is a community bank serving a small customer base with big expectations. When customer demand sent CCB looking to launch a business debit card program, the bank went with its first and only choice, First Data.

TruMark Financial takes cost savings to the bank

First Data Thought Leadership

TruMark Financial, a $1.2 billion community-chartered credit union in the Philadelphia area, sought a vendor that would help it efficiently provide a full range of services to meet increasing member demands. In First Data it found a long-term payments partner to provide a variety of services to support its growth over the years, including transaction processing, fraud prevention solutions and ATM management.