Bonifii is excited to announce that its premier digital identity and fraud prevention solution, MemberPass®, has been significantly strengthened and improved. The next generation of MemberPass is released and available for credit union implementation today! MemberPass was the first completely secure form of digital identity verification. It’s owned and controlled by members and is simple to use as personal authentication for all transactions and web commerce. Secure identity verification is essential today. The use of digital channels for routine financial transactions has grown exponentially in the past two years. Now, it’s nearly universal. This, in turn, carries substantial risk. Per the FTC, consumers lost $5.8 billion to financial fraud in 2021. The total was up more than 70% from the losses reported in 2020. This reality is what makes MemberPass an indispensable tool for credit union members. The original release of MemberPass helped credit unions in several important ways. They learned it enabled them to:
The new next gen MemberPass adds these great benefits:
“We are committed to protecting our members accounts by offering best of breed technologies. Next gen MemberPass allows our members to authenticate themselves across any channel through a seamless safe, secure, and private experience in less than 10 seconds” Tim Ferrio, Team One Credit Union. By offering best in breed authentication technologies such as biometrics, enhanced cryptography, and AI, the next generation of MemberPass can provide our members a superior user experience by securely and privately authenticating their identity for e-commerce transactions, ITM’s, visiting a branch, contacting a call center, or logging in to online banking” Zach Eychaner, 4Front Credit Union An opportunity to learn more Bonifii will showcase the next generation of MemberPass during the Jack Henry Connect conference from August 29 through September 1. Anyone interested to see the demo should contact Dante Terrana at dterrana@memberpass.com or visit the web site at www.memberpass.com.
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Author: Mike LawsonMarried to a most gorgeous and wonderful wife, raising 5 kiddos (including twins!), enjoy helping others tell their stories, and love surfing SoCal waves. Keep it simple. Archives
May 2024
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