It goes without saying that technology changes very fast in today’s environment. Yesterday’s pager is today’s fond memory (well, maybe not quite ‘fond’). When technological advancements become available and appear to offer value for our members, we do research to determine our member interest in the new technology, and whether we can offer the technology at a reasonable cost. When digital wallets surfaced several years ago, the financial services industry anticipated that consumer demand would soar, and our members also told us they were very interested in using it. When we learned that Apple Pay was compatible with our operating system, as well as our vendors’ systems, launching Apple Pay became an immediate goal. The dedication of money, time, and employee resources made it a reality.
Ready to win? It's you vs. the bad guys, and we like you much better. So for the next 6 weeks, we'll be taking money out of their pockets and putting it back into yours.
Each instance of card fraud costs Logix about $366.85. That's $366.85 we can't use to fund loans, reduce fees, increase deposit rates, hire contact center staff, or add to dividends. Every time card fraud is successfully committed, it directly impacts our ability to help our members. Worse yet, it is $366.85 to help fraudsters stay in business.
Let's take money out of their pockets and get it back in member pockets where it belongs!
For the next 6 weeks, Logix will be selecting a member who is helping us fight fraud by using the Logix Card Manager app to win DOUBLE the $366.85 we lose with each instance of card fraud. That's $733.70 every week until August 28th. PLUS, every new Logix Card manager registrant will automatically get a $5 payout.
If you're ready to register and win, all while helping support a healthy credit union and put fraudsters out of business, simply click the links below to download the app or learn more about it.
To set up Card Alerts in seconds, simply click one of these icons to get started.
NO PURCHASE OR PAYMENT OF ANY KIND IS NECESSARY TO ENTER OR WIN THIS SWEEPSTAKES. Odds of winning, 6 in 70,000.Click here to see the official rules.
So, the other day while at work, I heard the familiar buzz on my cell phone alerting me that I have a text message. The text was a notification from my Logix Card Manager app that there were two transaction attempts on my debit card at a merchant that I didn’t recognize. For months since signing up for the app, I had been receiving notifications for every purchase I made and would proudly acknowledge the texts for my authorized transactions. And, now I have a secret – I was slightly hoping for the moment that I would be alerted to a fraudulent purchase where I would immediately log into my Card Manager app to close my card and stop fraud in its tracks. Well, that day finally came! As soon as I saw those unrecognizable transactions, I quickly logged into the app and closed my debit card, preventing further fraudulent activity. After doing so, I started pondering all of the places I recently used my card in the hopes of figuring out where the point of compromise was. I started to think about how we have reached the season of scams. While fraudsters don’t sleep and scammers are a year-round predators, the holidays are a time when we are most vulnerable to them. Therefore, this is a good time to revisit the prominent scams that are out there. Keep in mind, that this list is just a preview as scams can take on many forms. For more information on a variety of scams and how you can protect yourself, check out the Scam Alerts section on the Federal Trade Commission’s website.