account takeover

Account takeover is a fast-growing form of identity theft. An account takeover (or ATO) is the malicious access of an online account, by a fraudster or bad actor, posing as a genuine customer, gaining control of an account, an making unauthorized transactions.

UK Investment Association Warns of Rise in ‘Cloning Scams’
UK Investment Association Warns of Rise in ‘Cloning Scams’
May 18, 2025  |  Cybersecurity

A British investment group is warning consumers about the proliferation of “cloning scams.” Get the Full Story Complete the form to unlock this article and...

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71% of Financial Institutions Turn to AI to Fight Faster Payments Fraud
71% of Financial Institutions Turn to AI to Fight Faster Payments Fraud
December 03, 2024  |  Fraud Prevention

As demand for faster payments grows, so does the risk of fraud. More than 170 million U.S. consumers received at least one disbursement in the...

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Intellicheck CEO: Identity Validation Needs Simplicity as Account Takeovers Spike
Intellicheck CEO: Identity Validation Needs Simplicity as Account Takeovers Spike
May 21, 2024  |  Identity

Staying one step ahead of the bad guys is becoming more difficult by the day for financial services companies. For example, identity verification is a...

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Data Prevents Merchants From Falling Victim to Refund Abuse
Data Prevents Merchants From Falling Victim to Refund Abuse
April 26, 2023  |  Cybersecurity

Today’s sophisticated cyberfraud landscape requires constant vigilance by merchants against the ever-present threat of bad actors. Get the Full Story Complete the form to unlock...

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PYMNTS Intelligence: Fighting Check and Payment Platform Fraud
PYMNTS Intelligence: Fighting Check and Payment Platform Fraud
June 06, 2022  |  Fraud Prevention

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First Tech Federal Credit Union On Preventing ACH And Check Fraud
First Tech Federal Credit Union On Preventing ACH And Check Fraud
June 03, 2022  |  Fraud Prevention

Digitizing payments has increased ease of use and transaction volumes, but both check and ACH fraud are still commonplace. In this month’s "Digital Fraud Tracker,"...

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Fraud Execs Say ACH and Check Fraud Pose Ongoing FI Threat
Fraud Execs Say ACH and Check Fraud Pose Ongoing FI Threat
June 02, 2022  |  Fraud Prevention

Digital payments are quickly becoming the new normal, but there is still a sizable contingent of consumers that prefer cash or paper checks. A recent...

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How Chipotle Is Protecting Its Mobile-First Diners From ATO Attempts
How Chipotle Is Protecting Its Mobile-First Diners From ATO Attempts
June 24, 2021  |  Mobile Order Ahead

Quick-service restaurants (QSRs) face a conundrum: They must safeguard their mobile ordering platforms against account takeover fraud without letting fraudsters know the gig is up....

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Deep Dive: How Multifactor Authentication Can Help Counter Mobile Ordering Fraud Schemes
Deep Dive: How Multifactor Authentication Can Help Counter Mobile Ordering Fraud Schemes
May 19, 2021  |  Mobile Order Ahead

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