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 riskSecure access with SASE & ZTNA for financial institutions
SASE and ZTNA provide a modern, secure access framework for financial institutions, replacing outdated VPNs to protect sensitive operations.AI security for banking – Fraud, risk & compliance
How banks use AI for real-time threat detection, fraud prevention and compliance, cutting risk and building trust with biometrics.Cloud migration in capital markets – AI advantage
Capital markets utilize cloud migration and AI to boost agility, reduce cost and gain long-term competitive advantage.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