EMV Chip-Enabled Debit Cards: How EMV Technology Keeps You Safe

If you have an aging parent or loved one, it’s important to help them protect their savings and assets from fraud and mismanagement. Elderly individuals with dementia or Alzheimer’s disease may have trouble managing their money. Others may have trouble hearing, seeing or using technology, which can make them vulnerable to online hackers and scam artists. If you are worried about your parent’s ability to manage their finances, take these steps:

The holiday season is one of the busiest times of year, especially as people shop, gather, exchange gifts and travel. Scammers and criminals see it as an opportunity to steal your personal information or try to trick you into sending money. Read this article to learn more about common holiday scams and how to avoid them.

Contactless credit and debit cards are becoming more widely accepted at point-of-sales systems across the country as retailers adopt this form of payment processing. Read this article to learn more about contactless cards, how they work and how they help safeguard your transactions from fraud.

Here at Ent Credit Union, we go to great lengths to protect our members. A new scam has started affecting some of our members, and we want to help you stay safe. Learn how to protect your financial and personal information online, so you don’t have to worry about a stranger taking your money. Instead of robbing banks with black hoods over their faces, today’s thieves spend their time scamming everyday consumers and businesses out of their hard-earned money. Suspicious calls, texts, and emails can catch some people off guard, giving fraudsters a chance to drain their bank account.

Millions of seniors are scammed out of their money every year in the United States. Elderly individuals tend to be more susceptible to financial scams. They also tend to have more assets, including owning a home, financial savings and good credit after a lifetime of work. Older Americans suffering from medical conditions such as Alzheimer’s or dementia may also get confused when managing their money. Others may have trouble using the latest technology, including mobile banking apps, email or the internet. Use this guide to protect your aging relatives from scams targeting seniors.

Senior citizens and retired adults are often prime targets for digital hackers and con artists looking to defraud those that they consider vulnerable. These criminals often try to take advantage of these individuals costing them their life savings, which can lead to debt and other financial hardships. If you know someone who is retired, learn about the leading scams targeting them and how they can be identified.

College students may be vulnerable to online scams and predatory behavior. Many students may be living on their own and managing their money for the first time. They may not be familiar with the warning signs of fraud, which can lead to all kinds of unfortunate outcomes, including identity theft and scam purchases. If you or someone you know is getting ready to go to college, use this guide to help protect yourself from common scams that target college students.

So, you believe you’re the victim of a scam—what do you do now? Online scams are becoming increasingly common as online scammers and hackers look for new ways to trick consumers into handing over their personal information. If you’ve been scammed, you might have noticed an unauthorized transaction posted to your bank account or your funds may be lower than expected. There’s also a chance that you sent your personal information to the wrong person by mistake, including your debit and credit card numbers, bank account information, Social Security number, phone number or email address. If you notice a problem with your account, there are several ways to rectify the situation. Follow these steps to secure your money before the scammer has a chance to make another withdrawal.

More people are using mobile banking apps and websites than ever before. Many people prefer to manage their money online using a mobile device rather than visiting a local service center in person. You don’t have to deal with traffic or wait in line to use the ATM. Banking apps are as safe as the financial institutions they represent, but you need to be careful when sending and sharing your information online. Use these safety tips to enjoy the benefits of Ent mobile banking without putting your finances at risk.

It’s generally recommended that you change your password once every three months or so, but it can be easy to forget or push it off. You may be wondering if it’s really such a big deal? Yes, it is because cybercrime is on the rise. In a 2018 survey of adults, almost 33% said they personally had experienced a hack of their social media and email accounts. This may be because up to 50% of them use the same password for multiple accounts. Read this article to help you secure your passwords and online accounts before you get hacked.

Today, most debit and credit cards have multiple ways to transmit data and authenticate a payment. One such way is the small, square computer chips you see on the card. This is called an EMV chip and is used to help protect the user from fraud. Read this article to learn more about how EMV chips work and how they help keep your information safe.