Ann Davidson

Dec 5, 2024 | cuinsight.com | Matt Carpenter |Tom Pierce |Katie Stone |Ann Davidson

A new consumer report from PYMNTS Intelligence and Elan finds that 1 in 3 consumers opened a new credit card in the last 12 months, with most choosing a general-purpose option over co-branded options. Although financial stability influences credit card choice, consumer spending remains consistent regardless of income level and motivation for seeking a new card. As you refine your credit card strategy for 2025 and beyond, consider these actionable insights.

Nov 27, 2024 | cuinsight.com | Katie Stone |Darren Smith |Tom Pierce |Ann Davidson

Every credit union wants to be the resource members turn to when they have a financial need or challenge. But what does it take to become the choice members think of first? The best mortgages? Great CD rates? Low fees? Those are important, of course, and credit unions tend to have a leg up when it comes to rates and fees. But are these the secret to go-to status? CO-OP CU thinks there’s a better way.

Nov 4, 2024 | cuinsight.com | Ann Davidson

With the widespread adoption of chip technology in payment cards, credit unions have been forced to fortify their defenses against fraud and are investing more money and resources into advanced security measures. However, as security systems evolve, so do the schemes of the bad actors. Fallback authorizations, which were introduced following the rollout of chip technology, require careful examination as they can expose financial institutions to significant risk.

Sep 24, 2024 | pacificyachting.com | Ann Davidson |Mark Lapiy

Some say a dog is a man’s best friend. The companionship, the adoration and the love from a dog is like no other. However, when your dog is a puppy, this friendship is often tested. This past summer, for reasons unfathomable, we took our six-month-old Golden Retriever puppy, Suki, with us on our first trip to Desolation Sound, an area we dreamed about visiting for years since we started sailing.

Sep 16, 2024 | cutimes.com | Ann Davidson |Deedee Myers |Mark Arnold |Pam Cohen

The adoption of chip technology has significantly shifted the responsibility for fraud liability. Credit/Shutterstock The implementation of chip technology in payment cards has significantly transformed the landscape of fraud prevention. In October 2014, a significant shift occurred in chargeback rules, transferring fraud liability to the weakest link at the point of sale (POS). This shift mandated that any entity not equipped with chip-enabled technology would bear the fraud liability.