The account takeover protection tool that combats financial crime
FraudChex® ATO verifies customer address, phone number, IP and email changes to protect your institution and customers from this increasingly popular form of financial crime. It defends your institution against current and emerging fraud schemes and features an alert management system that centralizes fraud mitigation activities for streamlined investigation.
With this account takeover fraud solution, you’ll reduce the amount of time and money you could lose by falling prey to financial crime while ensuring that your customers won’t experience service interruptions when they do make legitimate changes to their information.
Chex Systems, Inc. (herein “ChexSystems”) is a consumer reporting agency and an indirect wholly owned subsidiary of FIS and the provider of FraudChex service, a non-FCRA service.
How ChexSystems safeguards you against account takeover fraud
Reduce losses due to fraudulent accounts
Identify suspicious behavior using predictive models and business rules that you define
Improve the efficiency of investigations
Increase investigator productivity with tools that let them focus on the riskiest items
Reduce the potential for customer friction
Perform additional validation steps upon detection of changes that represent unacceptable riskPayment hubs – Mission control for modern money movement
Payment hubs provide a unified interface to route transactions intelligently, improve security and drive efficiency without overhauling the system.Card fraud enumeration – Build an intelligence-driven defense
Card fraud enumeration exposes gaps in fragmented defenses, making intelligence-driven, coordinated strategies essential against large-scale threats.Modernizing insurance operations – A practical guide
Modernize insurance operations with AI-powered claims, data governance and strategic platform integration to enhance efficiency and profitability.Browse more articles, client stories and videos relevant to your business
Go to Fintech InsightsExplore all the financial technology products FIS has to offer
View all products