As a parent you worry about your child’s education, their health, their safety, and their future. That’s why it is crucial to monitor and protect your child’s personal information from identity thieves from a young age. Here are some … Continue reading
Utah Community Credit Union is your partner in reaching your financial goals. That’s why we’ve partnered with LifeLock, the industry-leader in identity theft protection, to safeguard your good name and your financial security. Sign up for LifeLock Standard Identity Theft Protection … Continue reading
Identity theft is one of the fastest growing crimes in the nation. Last year, the nonprofit Identity Theft Resource Center has identified 470 breaches, exposing more than 11.5 million records. You are at risk every time you bank online or shop. Identity thieves will look for ways to steal your personal information any way they can.
The easiest way to protect your information is to keep an eye on the activity on your credit/debit card. Also, remember to report any suspicious transactions immediately. Besides monitoring your transactions to protect your identity, you should also consider using an identity protection service.
LifeLock helps safeguard your finances and credit by monitoring over a trillion data points every day and scans for threats to your identity. LifeLock has also increased their security features and services to give you peace of mind, such as data breach notifications, Credit Card monitoring, Checking and Savings Account Activity Alerts, and Investment Account Activity Alerts.
Apple recently launched Apple Pay, the ability to pay with a debit or credit card using an iPhone, Apple Watch, or iPad instead of a traditional plastic card. Apple released this new payment service with a few national banks. Other banks and credit unions will be added to Apple Pay in the future and Utah Community Credit Union is in queue to provide Apple Pay to our members as soon as Apple expands its service. UCCU anticipates Apple Pay usage will increase as more businesses update their technology to accept this new payment option.
How does Apple Pay Work?
Apple Pay can be used with the following devices with iOS 8.1 or later: iPhone 6, iPhone 6 Plus, Apple Watch, iPad Air 2, or iPad mini 3. Instead of a traditional plastic card to facilitate a purchase Apple Pay uses Touch ID with a single touch of your finger. Setup is simple. In your Passbook app take a picture of an approved debit or credit card to be used as payment.
A major hurdle in the widespread use of Apple Pay is that businesses need to have near field communication (NFC) technology to accept Apple Pay services. The credit union anticipates that more businesses will update their hardware to accept this new form of payment.
Is Apple Pay Safe?
A benefit to Apple Pay is that your actual credit or debit card numbers are never shared by Apple with merchants or transmitted with payment. Instead Apple Pay passes a transaction-specific dynamic security code to process the payment. In addition, paying with Apple Pay is private, as the cashier will never see your name, card numbers or security code.
When will UCCU have Apple Pay?
UCCU is eager to allow members to use their UCCU debit and credit cards with Apple Pay. The credit union is in queue with Apple to offer Apple Pay. Get started using Apple Pay with UCCU cards when available. The credit union will notify members again as it gets closer.
Shopping online can be a fun, convenient way to buy the things you need and want from the comfort of your own home. Visa has rolled out a new digital payment service called Visa Checkout, designed to simplify the checkout … Continue reading
Several high-profile data breaches have occurred in the last twelve months impacting millions of consumers. Awareness is key to staying safe, coupled with understanding what the thieves are after. While UCCU’s data was not compromised, members who used their … Continue reading
Several news agencies recently issued reports of significant data breaches, one involving P.F. Chang’s China Bistro and another regarding a Russian crime ring being called CyberVor. These stories are the latest in a string of breaches and data security concerns … Continue reading
UCCU has partnered with LifeLock, the industry-leader in identity theft protection, to safeguard your good name and your financial security. As a credit union member you are automatically eligible to save 10% on LifeLock. Identity theft is still the fastest growing … Continue reading
With over 30 years of experience in Information Technology, Teri Chatterton understands how complex technologies can simplify our lives. After graduating from the BYU Marriot School of Finance, Teri began working as a student programmer at the university, helping to … Continue reading