CUNA Mutual's venture capital arm, CMFG Ventures, has invested in Rippleshot, a startup providing fraud detection technology for the financial industry

“Payment fraud detection and prevention are extremely important to credit unions,” says Brian Kaas, president and managing director, CMFG Ventures, in a statement. “Leveraging new technology, like Rippleshot has developed, will make it easier to detect and prevent payment fraud in a way that will protect members and strengthen credit unions for the long term.”

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