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Neighbors FCU fights growing fraud with tech

Lender’s originations grew 66.4% in 2024

James Van BramerbyJames Van Bramer
February 12, 2025
in Retail Banking
Reading Time: 3 mins read
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Neighbors Federal Credit Union is grappling with a surge in sophisticated fraud schemes, prompting the lender to adopt new fraud detection technology. The Baton Rouge, La. -based credit union, has experienced an increase in fraud in the past year, Marc Walls, vice president of consumer lending, told Bank Automation News‘ sister publication Auto Finance News.  “The rise in fraudulent activity […]

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