SecurLock™ - Debit and Credit
A one-of-a-kind, holistic card fraud mitigation service. The SecurLock Warranty Debit and Credit Program levels the playing field for credit unions by providing a fully managed fraud protection program encompassing prevention, advanced fraud analytics and recovery and service guarantee for unrecoverable losses, such as counterfeit, lost, or stolen debit and credit cards.*
Features
- Neural network fraud detection and prevention combined with advanced fraud analytics
- Warranty reimbursement of unrecoverable fraud losses over $50*
- Fraud investigation and cardholder validation
- Fraud recovery, including chargeback processing
Benefits to Your Financial Institution
- Ability to stop fraud runs faster or even before it begins
- Gross fraud reductions as high as 71%**
- Ability to effectively budget fraud losses
- Savings realized through the reallocation of internal resources
- Decreased reputation risk
- Closer member relationships
Download the informational PDF today.
*Certain limitations and exclusions apply. Only cards issued by a financial institution and transactions processed by FIS are eligible. The annual limit on warranty reimbursements ranges from $15,000 to $400,000 based on the number of accounts for which FIS provides Secure Services. Daily limits of $3,500 for credit card purchases, $1,000 for credit card and debit card advances, $510 for debit card ATM transactions and $1,500 for debit card purchases apply. FIS reserves the right to increase or decrease these amounts.
**Results will vary; 71% reduction is based upon one client's experience.