Fraud Prevention

Scammers are sneaky and sly. They can target anyone, from youngsters to retirees. They can also target businesses. No one is immune to fraud. To learn more about some common and modern scams and how to be vigilant, check out the information below!

Believe you’re a victim of fraud?

If you have been a victim of fraud, please take action by visiting our victim of fraud page for detailed steps on how to stay safe.

TAKE ACTION 

Ensuring your safety

At Libro, your security is one of our top priorities. Learn more below about how Libro is is protecting you from fraud.

Learn More

This is a great time to ensure your contact information is up to date. You can make updates in your online banking , call Libro Connect, or book a meeting with your Libro Coach.

Let’s bust the myth on Flash

When you choose to pay with Interac Flash, you’re choosing one of the safest methods of payment available today. Libro has incorporated all the built-in protection of Interac Debit along with additional features to help keep your money safe.
 

Learn More About Flash

Credit Cards

MYTH 1

Electronic Pickpocketer can steal my card info when they walk by

FALSE: Security technology prevents electronic pickpocketing using a multi-step verification process during data transfer

contactless payment symbol

MYTH 2

If I stand too close to the machine a flash transaction will occur through my wallet

FALSE: Flash Card must be 4 centimetres away from a terminal and positioned at a certain angle to complete purchase

Libro Card

MYTH 3

If card is lost or stolen my account could be empty quickly before I know it.

FALSE: Low transaction limits are in place to protect you from high volume or value of transactions clearing your account

Types of Scams