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Fiserv and FiCare FCU clash over card-freeze passcodes
Original: Fiserv, FiCare FCU clash over passcodes in card-freeze fight Fiserv's own lawyers say the company's system can unfreeze
Fiserv and FiCare Federal Credit Union are locked in a legal dispute over passcode controls on card freezes. Court filings show Fiserv's own lawyers acknowledged the company's system can unfreeze a card flagged for fraud before a call even reaches a live agent, raising questions about who is responsible when frozen cards are reactivated without the member's consent.
Why now: The disclosure that Fiserv's system can auto-unfreeze fraud-flagged cards undermines assumptions about passcode security and liability in payments processing.
FiservFiCare Federal Credit Union
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