MCUL adds Rippleshot to fraud prevention lineup for credit unions

The Michigan Credit Union League has added Rippleshot to its Michigan Solutions partner network, giving credit unions access to new fraud-fighting tools and a free Aug. 11 webinar. The partnership is designed to help Michigan credit unions spot scams, account takeovers and other threats faster while offering a 30-day trial of Fraud Interceptor.

Why it matters: - Michigan credit unions face growing pressure to stop fraud with limited staff and faster-moving threats. - The partnership gives MCUL members access to tools designed to block fraud earlier and reduce member losses. - Rippleshot's network also connects fraud teams to real-time intelligence from other financial institutions.

What happened: - The Michigan Credit Union League selected Rippleshot for its Michigan Solutions partner network. - Rippleshot's Fraud Interceptor and Fraud Intelligence Collective are now available to Michigan credit unions as complementary fraud prevention solutions. - MCUL and Rippleshot will host a free webinar for Michigan credit unions on Monday, Aug. 11, at 10 a.m. ET. - Credit unions can register for the webinar and learn more through their MCUL representative or at rippleshot.com.

The details: - Fraud Interceptor is designed to help credit unions identify scam merchants, fraudulent merchants and high-risk merchants before fraud spreads. - The platform can help block scams, phishing, account takeover and fraudulent mobile provisioning. - Fraud Interceptor works inside a credit union's existing rules and workflows. - The product requires no new software or IT resources. - The webinar will include an overview of Rippleshot's fraud prevention solutions. - The session will also explain a complimentary 30-day trial of Fraud Interceptor. - The trial requires no software integration and lets credit unions evaluate the platform's impact on fraud prevention efforts. - Fraud Intelligence Collective is a real-time peer intelligence platform for verified and vetted fraud prevention professionals across financial institutions. - Members use the network to confirm and respond to threats such as first party fraud, wire fraud, BIN attacks, suspicious account openings and other emerging trends.

Between the lines: - MCUL is broadening its member services beyond traditional advocacy and education into operational fraud defense. - Rippleshot gains a direct channel into Michigan's credit union network, which can speed adoption of its tools. - The partnership signals that fraud prevention is becoming a shared intelligence problem, not just an internal compliance task. - Rippleshot CEO and Co-Founder Canh Tran said credit union fraud teams are being asked to do more with the same headcount while losses keep climbing.

What's next: - Michigan credit unions can test Fraud Interceptor through the 30-day trial after the Aug. 11 webinar. - MCUL members can work with their representatives to evaluate whether the tools fit existing fraud workflows. - Rippleshot said its platform is used by more than 800 financial institutions across the U.S., suggesting room for broader adoption among credit unions.

The bottom line: - MCUL is giving Michigan credit unions a low-friction way to add fraud intelligence and shared threat data without major software changes.