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CU Town Hall Episode 124: Fraud-A-Palooza

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In this session, we conducted an analysis of the impact of fraud on credit unions. With fraud rates on the rise, proactive measures are essential for effective defense. We examined the most prevalent types of fraud currently affecting credit unions, identified emerging trends and risks that may surface in the near future, and discussed prevention strategies to safeguard both your organization and your members against fraud.

About John Best:

John Best is an author, speaker, “outside the box” innovator, podcast host, and co-founder and CEO of Best Innovation Group (BIG), a technology, innovation, development, and consulting company catering to the financial industry. John is recognized as a thought leader and innovator in the fintech space, with a particular affinity for credit unions.

In his book Breaking Digital Gridlock, John provides key strategies and practical solutions for credit unions and community banks to achieve digital transformation. Breaking Digital Gridlock breaks down complex topics such as blockchain, AI, and machine learning into the what, the why, and the how for non-technical executives.

John previously served as Chief Technology Officer and Senior Vice President at Wescom Credit Union and Wescom Resources Group. John divides his time between his homes in beautiful Colorado Springs and his acreage in Tennessee. In his spare time, John enjoys flying as an FAA certified drone pilot, playing guitar, gaming and watching Sci-Fi.

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