Compromised Card Report Debuts

ONTARIO, Calif. - CO-OP Financial Services has created the Compromised Card Activity report to enable card issuing clients to review activity for at risk card numbers identified through Visa CAMS or MasterCard Alerts. The report, which is available in a password-protected section of CO-OP's website (www.co-opfs.org), is updated daily.

The Compromised Card Activity report was developed to allow member credit unions to quickly recognize and stop fraudulent transactions.

"This report reduces fraud monitoring time because a credit union no longer has to sort through all of its issued card numbers to find the red flags," said CEO Stan Hollen.

Separately, the Tennessee CU League-owned CU Services, Inc. has entered into a Network Partnership Agreement with CO-OP Financial Services to market and promote CO-OP Network membership to TCUL credit unions for EFT network services. The agreement runs through August 2008.

For info: www.co-opfs.org. (c) 2007 Credit Union Journal and SourceMedia, Inc. All Rights Reserved. http://www.cujournal.com http://www.sourcemedia.com