The fraud environment is dynamic, always changing. Fraudsters come up with new, sophisticated ways to steal money while still relying on old methods. Members can also abuse services, resulting in losses to credit unions. The session will cover the following:

• Business email compromise scam
• Vendor impersonation scam
• Deepfakes
• ACH debit fraud
• ID theft-related fraud
   

This session will examine the opportunities and risks associated with crypto and digital assets through the lens of credit unions. The discussion will focus on use cases most relevant to credit unions and their members—such as payments, custody, and third‑party partnerships—while addressing key considerations around safety and soundness, regulatory compliance, consumer protection, and vendor risk management. Attendees will gain a practical framework for evaluating whether, and how, a credit union can engage with crypto in a manner consistent with its mission, risk appetite, and evolving regulatory expectations.
 

Payment and deposit fraud continues to accelerate in both volume and sophistication, placing increased pressure on credit union compliance teams to respond quickly while maintaining sound governance and member trust. In this session, experienced financial services attorneys will examine the most prevalent payment and deposit fraud issues facing credit unions today and translate emerging risks into practical compliance strategies. 

The discussion will focus on how fraud trends intersect with regulatory expectations, internal controls, vendor management, and member-facing policies. Panelists will walk through common breakdowns they see in real-world scenarios ranging from check fraud resurgence to account takeover and transaction-based schemes and highlight where compliance programs often fall short. The session will also address elder financial abuse considerations and state-specific reporting obligations, including Texas’s unique regulatory framework. Attendees will gain insight into how to evaluate fraud-prevention tools and vendors through a compliance lens, including due diligence considerations, contractual risk allocation, and ongoing oversight responsibilities. 

The session will also emphasize the importance of treating fraud prevention as an evolving process rather than a one-time solution. Topics will include strengthening policies and procedures through targeted training, conducting periodic reviews of rules and thresholds, coordinating across operations and compliance functions, and ensuring member agreements align with current risk profiles. Throughout the program, panelists will share practical takeaways and best practices designed to help compliance professionals proactively identify gaps, respond to incidents, and adapt their programs as fraud tactics continue to evolve. 
 

This session provides a practical overview of the latest regulatory developments affecting credit unions, including updates from the NCUA, CFPB, and other federal agencies. Attendees will gain insight into recent rules, enforcement trends, and upcoming initiatives—and what they mean for compliance planning and risk management.